consumers' car insurance premiums need to be high. ValuePenguin conducted a study of auto insurance quotes in the Florida to arm drivers with information in their search for the best rates in the state.
We discovered that car insurance rates can range widely from company to company, even in the same city. For example, our study found that in Jacksonville, FL, one year’s premium at the most expensive company could have paid for almost seven years at the cheapest insurer. This is why to find the best rates, consumers have to shop around. Enter your zip code above now to start shopping for great auto insurance rates among top U.S. insurers in your area, or read more by jumping directly to each section in our study.
Contents:who has the cheapest auto insurance in Florida? Based on our rate analysis, the top three cheap car insurance companies in Florida are: the Florida Farm Bureau Insurance Company, United Service Automobile Association (USAA), and GEICO. Travelers and State Farm rounded out the top five most affordable companies in Florida. Your rates will differ depending on where you live, and your driving record, among other factors, and only comparison shopping will yield good rates. Start by entering your zip code below for a list of cheap insurers in your area to shop for rates.ocation is one of the most important factors in the cost of insurance. Prices can differ drastically from city to city. For example, the average cost to insure a car in Liberty County, are $836 a year, which is 38% of the cost in Miami-Dade County. That's about an extra $1,362 a year that a driver in Miami could pay over a driver in Bristol, FL.
Furthermore, each insurer has different claims experience in each city, so the prices within a city can be quite different as well. In Jacksonville, FL, the premium at the most expensive company could pay for nearly seven years (6.75x) the cost at the cheapest insurer. Below are auto insurance costs and the three cheapest companies for the largest cities in Florida averaged across our three policyholder scenarios.
Jacksonville, FL
Jacksonville's 823,000 residents live in one of the most spacious cities in the United States. The city has a number of superlatives behind its name: the largest urban park network, the second biggest jazz festival, and the largest concrete cable bridge. For the largest city, Jacksonville's auto insurance costs actually aren't that expensive. The average citywide annual premium is $1,230 a year, or 12% higher than the state average. Rates for retired senior citizen couples average just $490 a year, while families with two teenagers can see rates of about $2,275 a year.
For cheap car insurance in Jacksonville, get quotes from Florida Farm Bureau, GEICO, and State Farm. These three auto insurers, in addition to USAA (limited to military families), had the cheapest costs in Jacksonville of $618 a year - savings of 50% over the average city premThe most expensive place for car insurance in Florida is the urban metropolis of Miami. Between its miles of beaches and its three-time NBA champions, the Miami Heat, the city's residents do not shy away from high temperatures. Average premiums here are just as high. Auto insurance in Miami costs about $2,198 a year - insuring a car here easily doubles a driver’s car insurance rates compared to other Florida cities.
There are always opportunities to save, however. If you're looking for cheap car insurance in Miami, we recommend the Florida Farm Bureau, GEICO, and Travelers (avg premium: $1,083). Going with these insurers will save drivers about 51% or $1,100
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