Find the best car insurance rates in Florida:
State of Florida Minimum Auto Insurance Levels
| Personal Injury Protection: | $10,000 |
| Property Damage Liability: | $10,000 |
| Bodily Injury Liability: | Not Required |
| Average Cost for Car Insurance: | $1,069/year |
| National Average: | $817/year |
Learn About Auto Insurance in Florida
Why Use QuotesForFlorida
If you're shopping for auto insurance in Florida, QuotesForFlorida is the best place to find cheap car insurance quotes. After you fill out our simple form, four local Florida insurance agents will contact you with their best rates. You can compare the policies and pick one that's right for you.
With QuotesForFlorida.com you can:- Compare Florida Car Insurance Rates
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Florida Insurance Overview
The Sunshine State is the 5th most expensive state for Auto Insurance, which is why it's important to use QuotesForFlorida to find a rate that's closer to the national average.
Do you own a motorcycle in Florida? According to the Florida Insurance Council, Florida has the second highest rate of motorcycle theft in the country. This means it's particularly important for cyclists to purchase insurance polices.
Another study from the Florida Insurance Council found that 25% of motorists in Florida are uninsured. If you own a car in Florida, it's important to purchase uninsured motorist coverage to protect yourself from these irresponsible drivers.
Florida's Minimum Insurance Levels
Every state's minimum insurance levels are slightly different, but all of them include these three basics components:
- Individual Bodily Injury Liability:
- This is the maximum amount that your insurance company will pay for an individual person injured in a car accident. National minimums range from $10,000 to $50,000. Florida's is $10,000, but it takes the form of "Personal Injury Protection."
- Multiple Persons Bodily Injury Liability:
- This is the maximum amount that your insurance company will pay in total for every person injured in a car accident. National minimums range from $20,000 to $100,000. Because of Florida's no-fault insurance system, BIL coverage is not required, but strongly recommended.
- Property Damage Liability:
- This is the maximum amount that your insurance company will pay for property damage caused by a car accident. This includes all physical damage such as vehicle damage, damage to road signs and telephone poles, and any other non-medical expenses caused by a car accident. National minimums range from $5,000 to $25,000. Florida's is $10,000.
Because Florida's minimum insurance levels are low compared to the national average, it's important to consider purchasing more than the bare minimum. Florida drivers are only required to carry $10,000 in Property Damage Liability, but with so cars worth well over that, a large percentage of car accidents cause more than $10,000 worth of damage. The same goes for Florida's relatively low Bodily Injury Liability requirements. It's definitely worth paying a few dollars more for higher coverage levels instead of risking finding out after and accident that you weren't carrying enough insurance.
Graduated Drivers License Program
Because motor vehicle accidents are the leading cause of death for 15- to 20-year-olds, most states have instituted graduated license programs for new, teenage drivers. Learners permit periods have been lengthened, provisional licenses have been created, and special restrictions have been placed on new, young drivers.
In Florida, drivers can apply for a learners permit at age 15. This permit must be held for 12 months before a license will be granted. Drivers 16 or younger may not drive from 11 pm to 6 am. Drivers 17 or younger may not drive from 1 am to 5 am.
No-fault Insurance in Florida
Florida drivers are required to carry $10,000 in Personal Injury Protection (PIP) as part of the state's no-fault insurance plan. No-fault insurance was created in the 1970s in order to curb frivolous "pain and suffering" lawsuits. In short, Florida drivers that are injured in automobile accidents are covered by their own insurance policies regardless of fault. For more information about no-fault insurance in Florida, talk to a local insurance agent.
Top Ten Stolen Cars in Florida
(According to the Nation Insurance Crime Bureau)- 1990 Toyota Camry
- 1994 Honda Accord
- 2000 Honda Civic
- 1994 Dodge Caravan
- 1997 Ford F150 Series
- 1995 Jeep Cherokee/Grand Cherokee
- 1996 Ford Taurus
- 2003 Dodge Ram Pickup
- 1991 Chevrolet Caprice
- 2003 Toyota Corolla
Top Ten Auto Insurance Companies in Florida
(According to the National Association of Insurance Commissioners)| Company | Premium Dollars (millions) |
| 1. State Farm Mutual | $2,404 |
| 2. GEICO General | $810 |
| 3. Allstate P&C | $784 |
| 4. Allstate Insurance | $745 |
| 5. Progressive American | $585 |
| 6. Progressive Select | $486 |
| 7. GEICO Indemnity | $392 |
| 8. USAA | $323 |
| 9. Government Employees | $315 |
| 10. Nationwide Mutual | $270 |
Florida Insurance News
A story in the Panhandle Parade recently reported that Florida's Chief Financial Officer Alex Sink is leading a fight against insurance companies using credit scores as a chief determining factor for insurance rates. The practice is thought to be discriminatory to minorities and the poor, increasingly so with the recent economic collapse.
Insurance companies argue that because the use of credit scores is one of their most effective rating practices, eliminating that review will only punish drivers with good credit and excellent driving records to match.
A similar case was settled in 2006 in Texas. Black and Hispanic drivers sued Allstate because they felt they were being unfairly discriminated against based on their financial scores. Allstate no longer uses credit score as a determining factor for insurance rates in Texas.
Florida Insurance Facts and Statistics
(From the Insurance Information Institute and Florida Department of Highway Safety)- Average Insurance Expenditure: $1069
- Minimum insurance levels: 10/20/10
- Total Traffic Accidents (2006): 256,200
- Drivers Involved (2006): 370,035
- Accident Fatalities (2006): 3,365
- Mileage Death Rate (per 100 million vehicle miles traveled): 1.65 (National average: 1.54)
- Total Driving Arrests (2000-2001): 823,901
Helpful Links
Looking for more information about car insurance in Florida? The following links will help you in your search for the right policy: