Skip to Main Content

Average cost of car insurance in Florida in 2022

Downtown Fort Lauderdale, Florida
traveler1116/Getty Images
Bankrate Logo

Why you can trust Bankrate

While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . This content is powered by (NPN: 8781838). For more information, please see our

When it comes to auto insurance, Florida is one of the most expensive states in the nation. Drivers in the Sunshine State pay an average of $2,364 annually for full coverage, according to Bankrate’s 2021 study of average annual full coverage car insurance rates from Quadrant Information Services. How much is car insurance in Florida per month? For full coverage, drivers pay about $197 each month, on average. To ensure this information is as accurate as possible, we gathered rates from 920 Florida ZIP codes.

The national average premium is $1,674 per year for full coverage, which means that Florida drivers pay nearly $700 more annually, on average, than drivers across the country. Bankrate’s research can help you understand the average car insurance rates in Florida as well as the factors that affect your car insurance premium. This information might help you make a more informative decision when choosing a car insurance company.

How much is car insurance in Florida?

Florida drivers pay an average of $2,364 per year for full coverage, which is 41% more than the national annual average of $1,674. However, your cost will depend on a number of rating factors, including where you live within the state 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.

Florida car insurance rates

Average annual minimum coverage premium Average annual full coverage premium
$1,101 $2,364

Florida car insurance rates by city

Your ZIP code influences the premium you will pay for car insurance because of more accident frequency and higher crime rates in larger cities, according to the Insurance Information Institute (Triple-I). Even though car insurance is generally expensive in Florida, the following table demonstrates that your rates may be higher or lower than average depending on where you live in the Sunshine State. Average Florida auto insurance rates change by city based on population density, traffic volume, accident frequency and vulnerability to theft and vandalism, among other factors, according to the Triple-I.

City Average annual premium for full coverage Percentage difference in average annual premium
Jacksonville $2,230 -6%
Miami $3,314 40%
Orlando $2,405 2%
Tampa $3,027 28%
Tallahassee $2,043 -14%
St. Petersburg $2,662 13%
Hialeah $3,405 44%
Naples $1,947 -18%
West Palm Beach $3,101 31%
Ocala $1,993 -16%
Boca Raton $3,057 29%
Gainesville $1,782 -25%
Lakeland $2,237 -5%
Port St. Lucie $2,300 -3%
Fort Lauderdale $2,973 26%
Bradenton $2,153 -9%
Pembroke Pines $2,912 23%
Cape Coral $2,014 -15%
Boynton Beach $3,338 41%
Lake Worth $3,134 33%

Your premiums may be higher or lower than the city’s average premiums listed above depending on your specific location within a city, as well as other individual rating factors. Moving to another ZIP code is not the most practical way to change your auto insurance premium, but if you are already considering a move, you may want to take your desired area’s average premiums into account when you analyze your budget.

Florida car insurance rates by company

The best car insurance companies in Florida each have their own unique underwriting standards, coverage offerings, discounts and policy features. To give you an idea of what you might expect to pay for car insurance in Florida, below are the average annual premiums for full coverage for some of the largest insurance companies by market share in the state.

Car insurance company Average annual full coverage premium
Allstate $2,441
Geico $2,085
Progressive $2,573
State Farm $1,739

Although finding the cheapest auto insurance in Florida might be a priority for many drivers, bear in mind that having adequate coverage is more than just about the price. You may also want to compare coverage offerings, discounts, customer service scores and financial strength ratings when choosing an insurance company.

Cost of living in Florida and car insurance

When shopping for the best car insurance rates in Florida, it’s important to factor in your other expenses so that you’re looking at your total living costs. The graph below shows the average annual cost of living in Florida, including the average rates for car insurance. Use this data as a guide to help determine your overall expenses so that you can decide what insurance rates fit in your budget.

Florida car insurance rates by age

Age is another factor that insurance companies use to determine your premium in Florida. Younger drivers, particularly those under 25, are typically charged significantly higher premiums because they are inexperienced and more likely to get into accidents based on actuarial data.

Age Average annual full coverage premium in Florida
Age 16* $4,343
Age 18 $8,167
Age 20 $5,726
Age 25 $3,359
Age 30 $2,958
Age 40 $2,364
Age 50 $2,480
Age 60 $2,400
Age 70 $2,628

*16-year-old calculated on parent’s policy disclosure; 18- and 20-year-old are renters

As demonstrated by the table above, teen drivers pay some of the highest premiums in the Sunshine State. As drivers gain more experience, their average premiums gradually decrease. Premiums typically climb again at age 70, as older drivers may be at a higher-than-average risk of accidents.

Florida car insurance rates by gender

Gender is another factor that affects your car insurance premiums in Florida. At most ages, men typically pay more than women due to their higher frequency of accidents and risky driving behaviors. However, for Florida drivers at age 40 (which is the age used in Bankrate’s base driver profile), women pay just slightly more than men for full coverage.

Average annual full coverage premium
Male $2,336
Female $2,392

Florida car insurance by credit score

Your credit tier is a rating factor to determine auto insurance prices. Although it may seem strange, credit rating affects car insurance rates because lower credit-based insurance scores are generally tied in with a higher likelihood of filing claims. In Florida, drivers with poor credit pay an average of 169% more for full coverage than drivers with excellent credit.

Poor Average Good Excellent
National average $3,873 $1,865 $1,674 $1,487
Florida $5,817 $3,032 $2,364 $2,161

Florida car insurance rates by driving record

One of the biggest factors that impacts your car insurance premiums is your driving history. If you have an at-fault accident, ticket or DUI conviction on your motor vehicle record (MVR), your insurance premiums will likely be raised accordingly. This is because car insurance rates are based on risk. A prior track record of risky driving means that you may be more likely to get into accidents (and thus file claims) in the future. If you have several accidents, tickets or a DUI conviction, you may even need car insurance for high-risk drivers in Florida. The following table indicates how much you can expect to pay in Florida if you have incidents on your MVR.

Driving incident Average annual full coverage premium in Florida % increase in average annual premium
Clean driving record $2,364
Speeding ticket $3,352 42%
Accident $3,663 55%
DUI $4,548 92%

Tickets, accidents and DUIs generally will  negatively impact your car insurance premiums for three to five years, depending on your insurance company. If you are unsure how long a surcharge might stay on your policy, you can call your insurance agent or provider to find out.

Florida car insurance rates by vehicle type

One of the biggest factors in determining your car insurance rates is the make and model of vehicle that you drive. Different types of vehicles have distinct safety features, dissimilar crash ratings and divergent parts and labor costs. The type of vehicle you drive can also impact how much coverage and what types of coverage you choose.

Vehicle Average annual full coverage premium
Toyota Camry $2,364
Ford F-150 $2,291
Honda Odyssey $2,443

Frequently asked questions

What is the best car insurance company in Florida?

Every driver brings a unique set of circumstances to their auto insurance search, so the best auto insurance company will be different for everyone. It may be worthwhile to determine what factors matter most to you, like having a low premium or a mobile app. Once you know what you want from an insurance company, you can obtain multiple quotes to help you find the coverage you need at a competitive price.

What is the average cost of minimum coverage in Florida?

Having an auto policy with the state-required minimum coverage limits in Florida costs an average of $1,101 per year, nearly double the national average of $565 per year. Minimum coverage may be the cheapest car insurance option in Florida. However, most insurance professionals recommend that you purchase higher levels of coverage for more financial protection.

How much insurance is required in Florida?

Like most states, Florida requires that drivers carry a minimum level of certain car insurance coverage types to drive legally. All Florida motorists are required to carry at least:

  • $10,000 in property damage coverage
  • $10,000 in personal injury protection (PIP) coverage

Florida does not technically require you to carry insurance for bodily injury coverage. Showing proof of a bond, for instance, could satisfy the state’s “financial responsibility law.” However, you may only qualify if your net worth is equal to or greater than $40,000. Still, most drivers will likely satisfy the requirements by obtaining insurance coverage. If you purchase bodily injury coverage, you must have the following minimum limits:

  • $10,000 in bodily injury coverage per person
  • $20,000 in bodily injury coverage per accident

Uninsured motorist/underinsured motorist coverage must be offered to Florida drivers but can be declined in writing. However, with the state’s estimated 20.4% uninsured motorist rate, one of the highest in the U.S. according to the Triple-I, you may want to consider including this coverage on your policy.

You may want to consider higher liability limits or full coverage to better protect yourself in the event of an accident. Full coverage, which includes collision coverage and comprehensive coverage, is not required by law but will likely be required if you have a loan or lease.


Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. For teens, rates were determined by adding a 16- or 17-year-old teen to a 40-year-old married couple’s policy. The rates displayed reflect the added cost to the parents’ policy. California, Hawaii and Massachusetts prohibit insurers from using age as a rating factor.

Gender: Seven states prohibit insurers from using gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, Pennsylvania.

Credit: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base), and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states do not allow insurers to use credit as a factor in determining auto insurance rates: California, Hawaii, Massachusetts, Michigan.

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Written by
Cate Deventer
Insurance Writer & Editor
Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent.
Edited by
Insurance Editor
Reviewed by
Director of corporate communications, Insurance Information Institute