Best cheap car insurance in Orlando for 2021

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Florida has one of the highest average car insurance premiums in the country, with drivers paying $2,364 annually for full coverage car insurance and $1,101 annually for state minimum coverage. Drivers in Orlando pay slightly more for car insurance, with average auto insurance rates of $2,405 per year for full coverage and $1,210 per year for minimum coverage. To find cheap auto insurance, Orlando drivers may need to obtain quotes from several carriers.

Bankrate’s editorial team has compiled current average premium information from the largest insurance companies in the Orlando area. We also reviewed customer service scores, claims handling ratings, financial strength ratings and available coverages and discounts to determine the best cheap car insurance in Orlando, FL.

Best car insurance companies in Orlando

Finding the best car insurance companies in Orlando requires more than finding the lowest price possible. Working with an insurance company that pays claims promptly and is there to support you after an accident is just as important, as is having an array of coverage options and discount offerings. Based on our research, these are the best car insurance companies in Orlando:

Insurance company J.D. Power overall customer satisfaction score
(Florida)
Average annual premium for minimum coverage Average annual premium for full coverage
Geico 846 / 1,000 $844 $1,991
State Farm 826 / 1,000 $940 $1,849
Allstate 851 / 1,000 $1,262 $2,595
Progressive 834 / 1,000 $1,392 $2,523

Geico

For those who are looking for the cheapest minimum coverage car insurance premiums in Orlando, Geico’s rates could be appealing. The Geico coverage calculator helps you choose a coverage level and estimates what your monthly payments will be.

Geico customers are generally satisfied with the company’s customer service, too. Geico was rated second in the 2020 J.D. Power Auto Insurance Study. The company also boasts an A++ financial strength rating from AM Best.

Learn more: Geico Insurance review

State Farm

State Farm’s minimum coverage costs slightly more than Geico’s, but it offers the cheapest full coverage car insurance in Orlando. There is plenty of value for the money, too; if your car is stolen or declared a total loss, the carrier’s Payoff Protector option will reimburse the full value of the vehicle.

In addition to options such as Payoff Protector, roadside assistance and rideshare coverage, State Farm also offers plenty of discounts, including driver’s training, bundling of policies and good driver discounts.

Learn more: State Farm Insurance review

Allstate

Allstate ranks highest in customer satisfaction in Florida, according to J.D. Power. Customers liked the competitive policy pricing, ease in the claims process and variety of coverage options. Claims can be filed by phone, online or the Allstate mobile app.

Its wide network of local agents may be appealing to customers looking for a live agent to help guide their insurance decisions. If you have any questions or need help filing or tracking a claim, there is likely an Orlando Allstate agent nearby and ready to help.

Learn more: Allstate Insurance review

Progressive

Progressive is typically known as a low-cost carrier, but its rates are higher than average in Orlando. Nevertheless, it still ranks as one of the best cheap car insurance providers in Orlando. The company’s Name Your Price web tool is popular among consumers. You can enter how much you would like to pay and then see a range of coverage choices that fit your budget.

Progressive could be an ideal choice for drivers with a history of accidents and claims. Progressive’s Snapshot program allows the mobile app to track policyholder driving habits and offers extra savings on their auto insurance for driving safely.

Learn more: Progressive Insurance review

Cheapest car insurance in Orlando

Florida’s average auto insurance premiums are $1,101 for minimum coverage and $2,364 for full coverage. It is one of the most expensive states in the country for car insurance coverage. Drivers in Orlando pay even more for insurance, with an average full coverage price of $2,405 per year and an average minimum coverage price of $1,210 per year.

The following table looks at the cheapest car insurance companies in Orlando, out of the most popular companies by market share. Your actual premium from cheap auto insurance companies in Orlando will depend on your specific rating factors, like your age, the type of car you drive, the coverages you choose and your driving history.

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Geico $844 $1,991
State Farm $940 $1,849
Allstate $1,262 $2,595
Progressive $1,392 $2,523
Direct General $1,494 $2,855

Although finding a cheap auto insurance company is an important consideration for most drivers when it comes to car insurance, it is not the only factor that you may want to consider. You may also want to review an insurance company’s financial strength scores, customer service reviews, coverage options and discounts before choosing a carrier.

Orlando insurance requirements

Drivers in Orlando are required under Florida state law to carry liability and personal injury protection coverage. Florida ranks sixth highest in the country for uninsured motorists, so you may also want to consider purchasing uninsured motorist coverage. The minimum amounts are as follows:

  • Bodily injury: $10,000 per person and $20,000 per accident
  • Property damage: $10,000 per accident
  • Uninsured motorist coverage: $10,000 per person and $20,000 per accident
  • Personal injury protection: $10,000

Florida does not require that bodily injury coverage come from auto insurance — you could show proof of a bond to satisfy the state’s “financial responsibility law” — but most drivers will likely purchase auto insurance coverage to obtain the required limits. However, driving with Florida’s state minimum limits can be risky. If you cause an accident and the damages exceed your insurance limits, you will be responsible for paying the difference out of pocket. Most insurance agents recommend that you purchase higher liability limits. You may need to purchase full coverage as well, especially if you have a loan or lease on your vehicle.

Car insurance discounts in Orlando

Most insurance companies offer discounts to policyholders. Some discounts offered by many providers that Orlando residents might find useful include:

  • Student discounts: Orange County has the largest school district in Central Florida, and insuring younger people is typically more expensive. Teens or college students may be able to take advantage of the good student discounts available.
  • Senior driver discounts: Florida is also home to a large population of older drivers. Many insurance companies offer discounts to people who are 60 and older.
  • Affiliate program discounts: Orlando is home to large employers, such as The Walt Disney Company, Universal Studios and Advent Health. Many of these organizations offer discounts to their employees through certain insurance providers.

Because every company offers a different selection of discounts, talking to your agent or a representative from your insurance company’s customer service department could help you identify potential savings opportunities that you qualify for.

Frequently asked questions

What is the best car insurance company?

There is no one best auto insurance carrier because everyone’s needs are different and rates vary widely based on driving history, insurance coverage type, credit score and other factors. It is often a good idea to get quotes from a few insurers to find the best provider for your needs.

How much does car insurance in Orlando cost?

The average cost of car insurance in Orlando is $1,210 for minimum coverage and $2,405 for full car insurance. Although car insurance is expensive in Orlando, there are ways to save. Your premiums will vary based on your individual rating factors.

Why is car insurance so expensive in Florida?

Florida is one of the most expensive states in the country for car insurance. There are several factors that may contribute to the high cost of auto insurance. Florida is considered a “no-fault” insurance state, and these states generally have different insurance requirements that can increase costs. There are also over a million vehicles registered in Orange County and numerous tourists on the roads each year. This increases the likelihood of accidents. In fact, in 2018, there were nearly 32,000 accidents in Orange County, over 14,000 of which involved injuries.

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 cleaning 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 sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

Written by
Cynthia Paez Bowman
Personal Finance Contributor
Cynthia Paez Bowman is a finance and business journalist who has been featured in Bankrate, Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com. She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.