Car insurance for high-risk drivers in Florida

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High-risk auto insurance can be expensive, but Florida high-risk auto insurance can feel excessive. However, with a large population and a revolving door of vacationers each year, Florida has a higher amount of crashes and claims than most states. Across the U.S. the average death rate per 100,000 is 11 people. In Florida it’s currently 14.8.

In 2019 the state as a whole had 401,867 crashes. Of those crashes, 2,951 people were fatally wounded (12% as a result of someone drinking). And out of all age groups, 16% of all crashes involved a teenage driver.

So what is a high-risk driver? A high-risk driver is someone an insurance company feels is more likely to file a claim in the future because of their age, credit history, or past history. Because of this, they charge these drivers more for car insurance.

Rates for high-risk car insurance in Florida

The rates in the following sections are based on average increases after certain violations. Your particular increase will vary depending on your driving history and the severity of your violation. For example, 10 miles over the speeding limit is not as bad as 20, but even that pales in comparison to a DUI.

Rates after a speeding ticket

Drivers typically see a sizable jump in their premium after a speeding ticket. The size of the increase typically varies on how much over the speeding ticket you were going as well as your past driving history. Speeding tickets generally influence premiums because speeding is one of the leading causes of accidents and claims across the nation.

Car insurance company Florida average annual premium for full coverage before a speeding ticket Florida average annual premium for full coverage after a speeding ticket % difference
Direct General $2,766 $2,872 4%
State Farm $1,739 $1,719 -1%

Take note of the percentage difference between companies. Companies that are cheaper prior to a violation are sometimes more expensive afterwards, but other companies might not have an increase for people who take advantage of discounts or safe driving programs. This is why you should always do your research before choosing your provider.

Rates after an accident

There are many types of accidents. There are:

  • Fender benders
  • Extreme property damage
  • Property damage with medical injuries
  • Property damage with medical injuries and death
  • Pedestrian injuries/ death
  • Cyclists injuries/ death

The severity of your accident will dictate how much of an increase you may see as will the cause. Were you speeding, distracted, or under the influence of something? Keep in mind that, as with everything on this list, your past driving history will also heavily contribute, especially if you have a history of at-fault accidents and speeding.

Car insurance company Florida average annual premium for full coverage before an accident Florida average annual premium for full coverage after an accident % difference
Allstate $2,441 $2,570 5.28
Geico $1,739 $2,032 16.85
State Farm $1,739 $1,834 5.46

Depending on their provider, Florida drivers pay an average of 5-17% more for car insurance after a car accident.

Rates after a DUI

A DUI in Florida may require you to get either an SR-22 or FR-44. Both prove to the state that you are carrying the correct amount of insurance, but the difference is that an FR-44 requires you to have double liability.

Insurance companies look heavily at your past driving history when calculating your new premium after a DUI. However, keep in mind that it is legal in Florida for a company to cancel your policy altogether (in some states, companies must wait until it’s time for you to renew).

Car insurance company Florida average annual premium for full coverage before a DUI Florida average annual premium for full coverage after a DUI % difference
Allstate $2,441 $4,287 76%
Geico $2,085 $3,227 55%
State Farm $1,739 $2,481 43%

These increases will be more severe if you get another DUI arrest or caused an accident while intoxicated.

Rate for teen drivers

Teens are considered high-risk drivers for a variety of reasons. They have less experience on the road and are therefore more likely to make poor driving decisions, such as speed and use their cell phone. The CDC reports that 7 teens die each day in a car crash, and estimates that in 2018 Americans lost about $11.8 billion to medical costs and work loss due to accidents involving a teenager. Clearly it’s something insurance companies take seriously.

The table below shows the cost increase for adding a 16 year old to their parent’s policy.

Car insurance company Average annual premium for full coverage
Allstate $2,116
Geico $2,401
State Farm $2,400

*16-year-old on their parent’s policy

Many companies offer a variety of discounts to teen drivers, such as good student, away at school and defensive driving courses. There are a few other strategies you can do to lower your costs, but the best thing you can do is ensure your teenager learns good driving habits so their driving record stays clean.

Who is a high-risk driver?

A high risk driver is typically someone who has one or more of the following:

  • Speeding tickets
  • At-fault accidents
  • Living in a high risk area
  • Being a teen driver
  • DUI
  • Bad credit
  • Lapse in coverage

Because of this, their insurance company feels they are likely to file a claim in the future, which is why they charge these drivers more.

The industry definition of a high risk driver is someone who is unable to get coverage from their preferred carrier. Yes, this may be true, but there are plenty of situations where it is not. High-risk auto insurance in Florida typically just means drivers pay more for the same coverage they had before, but it is possible their carrier may drop them altogether after a serious violation.

How to lower your rate if you are a high-risk driver

High-risk car insurance in Florida usually means you pay a lot more. However, that does not mean you might be able to find a less expensive rate:

  • Shop around: As you saw above, car insurance companies charge drivers different rates, so getting several quotes will give you a better idea of your options.
  • Compare discounts: Most insurance companies offer multiple discounts to get your premium down, and while a lot of companies offer many of the same options, you can often save more with certain ones. For example, you may save up to 25% for bundling with Geico, but most companies only offer up 10% for doing this.
  • Drive an older car: New cars cost more to replace and therefore cost more to insure. Save money by driving an older car that has a high safety rating.
  • Increase your credit score: People with low credit scores are more likely to file a claim than those with a high credit score. Increase your credit score and your premium should lower.

The next best thing you can do for your premium is to continue to drive safe. Don’t drink and drive, leave early and follow all traffic laws. This will keep your record clean until your insurance company reviews your account for renewal.

Frequently asked questions

What is the average cost of car insurance?

The average cost of car insurance in the U.S. is $1,674 a year for full coverage and $565 for minimum. In Florida it’s $2,364 for full and $1,101 for minimum.

What is the best car insurance provider in Florida?

No one insurance provider will be the best car insurance for each person. Someone’s driving history, location and preferences often make some carriers stand out more than others.

Methodology

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 coverages that meet 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.

High-risk drivers
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.