Car Insurance in Florida
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Florida drivers' costs, the legal minimum and who has the lowest price.
- Full coverage averages $181 each month.
- It is the most expensive state, ranking 1st of 51 (1st = highest).
Car insurance prices in Florida
Full coverage costs an average Florida driver $2,175 each year, or about $181 each month. The average cost for a policy with only the legal minimum is $1,391 a year. This is 35% higher than the US annual average of $1,613.
| Coverage in Florida | Per year | Per month |
|---|---|---|
| Liability | $1,391 | $116 |
| Collision | $506 | $42 |
| Comprehensive | $278 | $23 |
| Full coverage (all three) | $2,175 | $181 |
Source: NAIC 2024 Auto Insurance Database Average Premium Supplement (PDF).
Florida legal minimum
Florida requires property damage liability of at least $10,000. For most drivers, Florida has no bodily injury minimum. You may therefore face direct claims for injuries that you cause.
Florida uses a no-fault system. After a crash, your own policy pays your medical bills, regardless of who caused it.
Insurers must offer uninsured motorist cover in most states, although the law doesn't require it.
Source: Florida Highway Safety and Motor Vehicles, Insurance.
Florida rate guide: insurers with the lowest rates
This family includes Young Drivers: Married Male (Age 50), Married Female (Age 50), Single Male (Age 20) and Single Female (Age 18). It has Two cars, with no violations or accidents during the past 3 years. Drivers use the cars for work and pleasure. Each year, the family drives 12,000 miles in one car and 8,000 miles in the second. The state's own comparison guide provides these yearly premium prices.
| Rank | Insurer | Per year | Per month |
|---|---|---|---|
| 1 | The Standard Fire Insurance Company | $1,134 | $94 |
| 2 | Florida Farm Bureau Casualty Insurance Company | $1,177 | $98 |
| 3 | USAA | $1,546 | $129 |
| 4 | USAA | $1,792 | $149 |
| 5 | Progressive | $1,796 | $150 |
How many Florida drivers lack insurance?
In 2023, about 21% of Florida drivers had no car insurance, the 7th highest share among the 51. If an uninsured driver hits you, uninsured motorist cover pays your bills.
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