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Average cost of car insurance in Florida in 2023

The average cost of car insurance in Florida is $1,128 for minimum coverage and $3,183 for full coverage.

Updated Apr 11, 2023
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How much is car insurance in Florida? 

How much is car insurance in Florida? It depends on your coverage. For full coverage, drivers pay an average of $3,183 per year, which is 37 percent more than the national annual average of $2,014. Florida car insurance rates for minimum coverage average $1,128 per year, or around 45 percent more than the $622 national annual average. The state’s higher rates are due to a number of factors, including it being the third most dangerous state to drive in, according to the Insurance Information Institute. Additionally, insurance fraud is a common concern in relation to Florida’s personal injury protection (PIP) system, leading the Senate to consider a repeal of no-fault coverage during the 2023 legislative session. However, your cost will depend on a number of rating factors, including your ZIP code and what coverage types and levels you choose. Bankrate found that larger cities and coastal areas tended to pay higher average premiums due to the increased risk of accidents and higher cost of living. Additionally, choosing higher levels of coverage or adding optional endorsements will likely increase your premium.

Average minimum coverage premium in Florida Average annual full coverage premium in Florida
$1,128 $3,183
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Insurance Disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Florida car insurance rates by city

Your ZIP code influences the premium you will pay for car insurance because accident frequency and crime rates vary by city. Even though car insurance is generally expensive in Florida, the following table demonstrates how rates in five of the most populous cities differ. For example, you may save more by living in Orlando or St. Petersburg than living in Tampa or Miami.

Florida city Average annual full coverage premium Percentage change from Florida average annual full coverage premium
Miami $3,483 9.4%
Tampa $3,281 3.1%
Orlando $2,870 -9.8%
St. Petersburg $3,003 -5.7%
Fort Lauderdale $3,197 0.4%

Average car insurance costs by age and gender in Florida 

The average cost of car insurance in Florida can also vary by age and gender. Teen drivers pay significantly more than other age groups (due to their lack of driving experience and higher likelihood of accidents), with rates stabilizing around 25-years-old. From 30 on, car insurance rates in Florida generally decrease with age with a clean driving record. Statistically, men have more serious car accidents and receive more moving violations like DUIs than females, which is why they usually pay more for car insurance, regardless of age.

Age Average monthly full coverage premium in Florida Average annual full coverage premium in Florida
Age 16* $593 $7,113
Age 18 $855 $10,260
Age 20 $619 $7,431
Age 25 $343 $4,117
Age 30 $284 $3,405
Age 40 $264 $3,169
Age 50 $248 $2,981
Age 60 $244 $2,929
Age 70 $261 $3,131

*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied

Age Average monthly full coverage premium in Florida Average annual full coverage premium in Florida
Age 16* $530 $6,363
Age 18 $723 $8,678
Age 20 $520 $6,239
Age 25 $327 $3,919
Age 30 $281 $3,371
Age 40 $267 $3,198
Age 50 $250 $2,997
Age 60 $242 $2,906
Age 70 $266 $3,190

*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied

Cost considerations for young drivers in Florida

As a young driver, whether or not you’re insured on your own policy plays a significant role is the cost of your coverage. Young drivers in Florida may save upwards of $1,000 on average by remaining on their parent’s policy while living with them.

Age Average annual premium for drivers on their parents' policy in Florida Average annual premium for drivers on their own policy in Florida
Age 16 $6,738 N/A*
Age 17 $6,405 N/A*
Age 18 $6,117 $9,469
Age 19 $5,247 $7,232
Age 20 $5,017 $6,835

*16- and 17-year-old drivers must be on their parents’ policy.

How does driving record impact the cost of car insurance in Florida?

Car insurance rates in Florida will also differ depending on each driver’s driving record. For example, someone with a speeding ticket pays around 18 percent more than the state average. Having a DUI costs about 63 percent more, while an accident could increase rates around 38 percent over the average car insurance cost in Florida.

Driving incident Average annual full coverage premium in Florida Percentage increase from Florida average annual full coverage premium
Clean driving record $3,183 0%
Speeding ticket $3,769 18%
Accident $4,395 38%
DUI $5,175 63%

Car insurance rates in Florida by credit score

Your credit-based insurance score is another criterion for car insurance rates in Florida. Drivers with good credit generally pay the average, but having excellent credit could save around 16 percent. Those with average credit pay around 13 percent more than the state average. However, if you have poor credit, you could be looking at around a 100 percent higher premium than the average car insurance cost in Florida.

Credit tier Average annual full coverage premium in Florida Percentage change from Florida average annual full coverage premium
Poor $6,378 100.4%
Average $3,607 13.3%
Good $3,183 0%
Excellent $2,673 -16.0%

Florida car insurance rates by vehicle type

With different safety features, crash test ratings, repair costs and other factors, the type of vehicle you drive will affect your Florida car insurance rates. Comparing the make and model when shopping for cars can help you stay within your budget. For instance, drivers pay less than the state average when buying a Honda Odyssey, Ford F-150 or Toyota Prius. But if you’re looking at a BMW 330i, for example, you can expect to pay more.

Vehicle Average annual full coverage premium in Florida
Toyota Camry $3,183
Ford F-150 $2,863
Honda Odyssey $2,907
BMW 330i $3,523
Toyota Prius $3,169

How to save on car insurance in Florida

Florida may be one of the most expensive states in the country for car insurance, but there are a few things you can do that may help you save on your premium:

  • Shop for new quotes. Make it a habit to shop around for free online car insurance quotes at your renewal or after major life changes (like adding a teen driver or moving to a new ZIP code). Doing so may help to ensure that you receive the most competitive rate possible.
  • Take advantage of eligible discounts. It may be a good idea to ask your agent to review your policy for discounts or programs that could lower your bill. For example, you may be able to save on your car insurance if you install a telematics device in your car or complete an online defensive driving course.
  • Improve your credit score. Having a poor credit score in Florida can cause a large jump in car insurance costs. By paying your bills on time and only taking on debt you can make timely payments on, you could save on your Florida car insurance. 
  • Maintain a clean driving record. By avoiding at-fault accidents, tickets and DUIs, you can help keep your car insurance rates low while also contributing to safer road conditions for everyone.

Estimate your car insurance cost in Florida

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This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

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Written by
Mandy Sleight
Insurance Contributor

Mandy Sleight has been a licensed insurance agent since 2005. She has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Mandy writes about auto, homeowners, renters, life insurance, disability and supplemental insurance products.

Edited by Insurance Editor
Reviewed by Director of corporate communications, Insurance Information Institute