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According to our research, State Farm offers some of the lowest average rates for car insurance in Jacksonville, Florida. Florida is typically an expensive state for auto insurance, and Jacksonville is no exception, with the average cost of car insurance in Jacksonville coming in at $2,503 annually for full coverage, or $209 per month, and $886 annually for minimum coverage. These rates are well above the 2022 national average cost of car insurance at $1,771 per year for full coverage and $545 per year for minimum coverage. Considering these relatively high costs, finding cheap car insurance companies in Jacksonville may be an important goal. Bankrate’s insurance editorial team took a closer look at car insurance in Jacksonville to help you start your search.
Best cheap car insurance companies in Jacksonville
The Florida car insurance companies in Jacksonville we found to offer the cheapest average rates are Geico, State Farm and Allstate, based on our 2022 analysis of rates from Quadrant Information Systems. In addition to reviewing rates, a Bankrate Score is calculated for each provider. Bankrate’s proprietary scoring system weighs many factors, including an insurance provider’s coverage and discount options, third-party ratings like those from J.D. Power and A.M. Best, and assigns a score out of a possible five points. This provides a well-rounded view of not only the cheapest companies, but what we deem to be the best car insurance in Jacksonville overall based on multiple objective metrics..
|Insurance company||Bankrate Score||J.D. Power score (Florida region)||Average annual premium for full coverage||Average annual premium for minimum coverage|
Geico, the second-largest U.S. auto insurer based on market share according to data from the National Association of Insurance Commissioners (NAIC), ranks at the top of our list for cheapest average rates in Jacksonville and performs above the regional average in the 2023 J.D. Power U.S. Auto Insurance Study. Geico offers an impressive list of potential discounts that could lower your rate even more. The company does not offer much in the way of customization or endorsements, though, so if you’re looking for a policy with unique features and coverage options, another company may be a better choice.
Learn more: Geico Insurance review
State Farm, the largest U.S. auto insurer by market share, ranks second for the cheapest average rates in Jacksonville of providers included on our list. In addition to some of the cheapest average rates, State Farm also tops J.D. Power’s latest ranking for customer satisfaction in the Florida region. The company offers a robust network of exclusive local agents as well as a solid ranking in the latest J.D. Power U.S. Insurance Digital Experience survey, so it seems to cater well to people who prefer to shop and service their policy both on- and offline. State Farm does not offer gap insurance or accident forgiveness, however, so if either of those features are important to you, you may want to look for a different insurer.
Learn more: State Farm Insurance review
Allstate offers competitive average rates in Jacksonville and also ranks well above average in the J.D. Power Auto Insurance Study. While Allstate does not have the least expensive average rates among the companies included on our list, it does offer both a driver training program tailored to teens to reduce accident risk as well as Drivewise, a telematics program that could help safe drivers save. The company does not offer a lot of additional coverage options, however, so if customization is important to you, it may not be the best option.
Learn more: Allstate Insurance review
Progressive is the third-largest U.S. auto insurance provider by market share. Although it ranks fourth on our list for the cheapest average car insurance companies in Jacksonville, Progressive is known for its budget-conscious offerings. For example, its Name Your Price tool lets you find a policy tailored to your desired budget. While Progressive has the highest average premiums of the four providers, there are many potential discounts available as well, such as policy bundling and young driver discounts. The company does not fare well in J.D. Power’s auto insurance study, however, ranking just below average and indicating that customer service may not be its top priority.
Learn more: Progressive Insurance review
How to get and keep the cheapest car insurance in Jacksonville
Finding cheap Jacksonville car insurance companies is one thing, but keeping the cheapest rates possible is another. Finding and maintaining the cheapest car insurance in Jacksonville for you is possible with a couple of key strategies in mind.
- Find the right coverage limits. Carefully review all available coverage options to determine how much and which types of coverage you may want to purchase in addition to what’s legally required. While you may not purchase all the options offered, you should make sure your coverage is adequate enough to prevent as many out-of-pocket expenses as possible in the event of a claim, as a major loss could be financially devastating.
- Review coverage after major life events. Experiencing a big life event, such as relocating, getting married, buying a new home or having a child, often presents an ideal time to either shop for new quotes or review your coverage. Your auto insurance needs will shift throughout your life, which means you may be able to find new ways to save. Even if you haven’t experienced a major life event, periodically requesting new quotes could help you save on car insurance.
Frequently asked questions
With insurance rates and needs being so individualized based on many factors, it can be challenging to pick the best car insurance companies in Jacksonville. That said, many drivers can find the best company for them by requesting free quotes from several of the top car insurance companies and comparing the offered rates to find the best deals on the coverage you need. It may be important to remember that the cheapest car insurance companies may not necessarily be the best for you. Affordable rates are only part of the picture, so be sure to make a list of what you need and want.
With average car insurance rates being so high in Jacksonville, finding ways to lower them could be vital. You can start by perusing your carrier’s website to see if they offer any auto insurance discounts that might apply to you. You can also review your coverage with your insurance agent to see if you have the right coverage limits and types for your situation. It may also be possible to consider options for your deductible, although it’s essential to be cautious and ensure you can afford to pay your selected deductible on short notice.
Almost every car insurance company allows you to get quotes online these days. Before choosing a provider, it may help to compare each quote to some average car insurance costs. When applying online, you will need your relevant personal information as well as information about your vehicle and any other drivers in your household. Required information generally includes, but may not be limited to, name, birthdate, driver’s license number(s) and vehicle identification number (VIN). Inputting as much specific information as possible when requesting quotes will give you a more accurate picture of what you’ll actually pay, so try to be thorough when you initially ask for a price quote.
Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. 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 2021 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.
Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.
Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.
- Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
- Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.