The average cost of minimum-coverage car insurance in Florida is 86% more than $72 — the national average — and 42% higher than $223 for full coverage. ; Florida has the third-highest average minimum-coverage premiums in the country and the sixth-highest average rates for full-coverage. ; The rising rate of fatal accidents, “no-fault” insurance laws and frequent severe weather all contribute to the high cost of car insurance in Florida.
Florida car insurance rates are rising. Bankrate explains why and what you can do.
Shopping for auto insurance in Florida? Keep reading to learn about how much car insurance you'll need and ways to find the cheapest car insurance in this state.
The top 5 cheapest car insurance companies in Florida are Geico, Travelers, State Farm, Farmers and Nationwide. ; Florida drivers pay some of the highest auto insurance rates in the country, at nearly 86.1% more than the national average for full coverage. ; Full-coverage car insurance rates have risen 7.3% over the last year in Florida, putting additional strain on drivers’ household budgets.
Learn how much is car insurance a month and year, on average, in different states in the US, and nationally.
including how much it costs, why it's so expensive, and what you can do to get a lower rate. What Is the Average Cost of Car Insurance for 21-Year-Old Drivers? According to Forbes Advisor...
Company, Avg. 6 Mo. Premium, Avg. Monthly Premium ; Travelers, $262, $44 ; GEICO, $398, $66 ; Mercury, $404, $67
have much better data about the risk each driver poses, and can use it to contain costs. At Tesla, the insurance is now available in Florida, Texas, Illinois, Ohio and California. The...
Learn how much your car insurance could increase after a speeding ticket in FL.
That makes Florida the second most expensive state in the country. There are several reasons why Florida car insurance is expensive. Much of the state is densely populated, which leads to...