Cheap Car Insurance in Florida

Whether you’re getting a Florida auto insurance policy for the first time, ready to renew your policy, or looking for lower rates, there are a few ways you can get cheap Florida auto insurance. Car insurance rates in Florida are some of the priciest in the nation. But fear not, there are plenty of ways drivers can get the cheapest auto insurance in Florida.

Cheap car insurance in Florida may be hard to come by, as the rates in Florida are nearly 40% above the national average. The average full coverage premium in Florida costs about $3,750 annually or $313 monthly.

For various reasons, car insurance rates in Florida tend to be higher than in much of the nation. Roughly 20% of drivers in Florida are uninsured, meaning insurers take an increased risk in insuring drivers on Florida’s roads because drivers are more likely to get into an accident with an uninsured driver. Florida also has a high population, meaning the likelihood of car accidents is statistically higher than in other states.

While insurance premiums vary from person to person, let’s check out some ways you may be able to get the least expensive car insurance in Florida.

The first way you may be able to get cheap auto insurance in Florida is by lowering the coverage on your policy. While Florida’s rates will be more expensive compared to the national average regardless of the coverage type, lowering your coverage is the quickest and most substantial way to lower your premiums.

For example, if you currently pay $3,750 or more per year for your auto insurance in Florida, you likely have a full coverage policy. Many full coverage policies include optional coverage, such as comprehensive coverage, uninsured motorist coverage, and GAP coverage. 

The law requires drivers in Florida to have at least $10,000 worth of personal injury protection and property damage liability. If you lease your car, your leasing company will likely require you to have some degree of collision coverage, too.

Lowering your car insurance coverage to just what you need will save a lot on your premiums. However, do this with caution. If you have been in an at-fault accident or frequently make risky decisions behind the wheel, cheap liability insurance in Florida may end up costing you more in the long run. 

If you get in an accident and don’t have enough auto insurance to cover the damages, the money you will pay out of pocket will likely be much more than what you pay in premiums to have good coverage.

Another great way to get low-cost auto insurance in Florida is to get discounts on your premiums. Using discounts to lower your premiums is one of the safest ways to get the cheapest full coverage car insurance in Florida. 

With discounts applied to your policy, you don’t have to sacrifice your coverage to get lower rates. So, if you’re on the hunt for cheap PIP insurance in Florida, or the best full coverage policy in the Sunshine State, this is probably the best route for you to lower your premiums.

For example, many insurers offer safe driving programs. Drivers can enroll in one of these programs with a participating insurer. In exchange for practicing safe driving habits, they may receive nearly 20% off their premiums, depending on their insurer.

Similarly, several insurers offer telematics programs for drivers who drive fewer than the national average number of miles yearly, or 12,000 miles. Drivers who drive fewer than 12,000 miles per year can enroll in one of these programs to track their driving mileage in exchange for a discount for driving infrequently. These discounts typically rest around 10% off your premiums but can go as high as 20% off. 

Drivers who opt for these programs should be aware that in addition to their mileage being tracked, their driving behaviors are as well. Some insurers may use this data to raise premiums if drivers who enroll in these programs make risky decisions on the road, so it’s advised that only safe drivers enroll in such a program.

While there are programs you can enroll in to get a discount on your auto insurance premiums, you can also get discounts without actively participating. For example, many insurers offer discounts for younger drivers who attend school if they get good grades. Good student discounts come with some stipulations, so be sure to ask your insurer about this discount.

Additionally, many insurers offer discounts for policyholders who have multiple cars on the same auto insurance policy or multiple policies with the same insurer. These discounts usually shave off about 5% of your Florida auto insurance rates, but something is better than nothing!

The easiest way to get cheap insurance in Florida is to get a policy with the minimum legally required coverage. The minimum amount of legally required auto insurance coverage in Florida is at least $10,000 worth of property damage liability and personal injury protection (PIP).

A policy with just these two coverages costs, on average, $1,131 annually, or about $94 per month. While this may be the cheapest auto insurance in Florida, some drivers will want more protection while on the road than the cheapest Florida insurance may offer.

To find cheap auto insurance quotes in Florida, you’ll have to gather quotes from multiple insurers. To get the lowest rates available to you, you’ll bind a policy from an insurer that offers the lowest-cost auto insurance in Florida and several opportunities for discounts. 

By gathering quotes and selecting a policy from an insurer that offers below-average rates and plenty of discounts, you may be able to maintain a full coverage policy while maximizing your savings opportunities. 

The cheapest car insurance companies in Florida for low-risk drivers are Geico, Progressive, and Allstate. Each of these companies also offers several options for discounts. When it comes to the cheapest Florida car insurance, the best rates are typically available to those who have a good driving record and insurance history and are generally low-risk. 

If you’re a high-risk driver, whether that means you have a history of at-fault accidents, a poor insurance history, or have recently had an SR-22 on file, you may not be eligible for the lowest auto insurance rates in Florida offered by the listed insurance companies

The cheapest insurance in Florida will be a minimum coverage policy with discounts applied, likely from Allstate, Geico, or Progressive. While Florida auto insurance rates are among some of the highest in the nation, residents can still find policies below the average rate in the state by conducting thorough research.

Drivers may also be able to find lower rates by insuring one of the cheapest cars to insure in Florida. Generally, Floridians who drive newer cars with high safety ratings will pay lower premiums. However, auto insurance in Florida with the best rates is still most accessible to those with clean insurance and driving histories. 

You may also be able to find cheap car insurance in Florida with a low down payment by gathering quotes. While car insurance without a down payment doesn’t exist, at least not from a reputable insurer, many insurers offer drivers, especially those who are low-risk, low down payments when binding their policies. 

No, car insurance isn’t cheaper in Florida. In fact, Florida is one of the top-five most expensive states for auto insurance in the nation. Inexpensive car insurance in Florida can be hard to find for a few reasons, like climate change and inflation.

Climate change definitely plays a role, as vehicles suffer damage when more frequent and severe weather hits the Sunshine State. But there are other factors at play, too. The rising cost of materials and repairs causes rates to go up, as does the high number of auto-related fatalities in the state.

One of the best ways to find the cheapest policy that meets your needs is to get and compare quotes from several insurers. Getting several quotes to compare car insurance rates in Florida is an excellent way to see if you’re getting the best rate out there or if it’s time to switch your policy.

Getting cheap Florida car insurance is easy, especially since you’re already here at Clovered. We offer our very own quoting tool, which you can use to see what low rates our insurers may be able to offer you. Or, if you prefer to get a quote with an agent, call us at 833-255-4117 or email us at [email protected] to speak with one of our stellar agents about getting cheap auto insurance in the Sunshine State.