Full coverage car insurance rose more than 40% in some states. Here's how to lower your rates.
Florida car insurance rates are rising. Bankrate explains why and what you can do.
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.
Geico offers the cheapest car insurance rates in Florida with average annual rates of $650 for minimum-coverage policies and $2,087 for full coverage.
adjust rates to reflect the cost of providing the protection our customers depend on," Allstate said in a statement. What should I pay?Compare car insurance quotes in February 2024 What...
State, Minimum Coverage Required, Average Annual Minimum-Liability Premium, Average Annual Full-Coverage Premium ; Alabama, 25/50/25, $572, $2,048 ; Alaska, 50/100/25, $506, $2,116 ; Arizona, 25/50/15, $956, $3,127 ; Arkansas, 25/50/25, $589, $2,398 ; California, 15/30/5, $736, $3,040
Travelers and State Farm have the cheapest car insurance in Florida according to Forbes Advisor's 2024 analysis
RELATED STORIES ; Your car insurance rates aren’t going to go down. Here’s why ; Florida car insurance rates sit above national average ; Car insurance costs are rising: Here’s why and what you can do
Discover what influences car insurance rates, how to get the best rates, and answers to common questions. Learn about car insurance rates now.
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.