Cheap Car Insurance in Florida – February 2023

State Farm offers the cheapest car insurance in Florida, with an average monthly rate of $142 for full coverage.
Ben Moore
By Ben Moore 

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Nerdy takeaways
  • The cheapest car insurance company in Florida overall is State Farm at $144 per month for full coverage.

  • The average cost of car insurance in Florida is $300 per month for full coverage.

  • The best way to find cheap car insurance in Florida is to compare quotes from at least three insurers.

Nerdy takeaways
  • The cheapest car insurance company in Florida overall is State Farm at $144 per month for full coverage.

  • The average cost of car insurance in Florida is $300 per month for full coverage.

  • The best way to find cheap car insurance in Florida is to compare quotes from at least three insurers.

You’ll need car insurance to confidently navigate Florida’s highways, especially considering that an estimated 1 in every 5 drivers doesn’t have auto insurance, according to 2019 data from the Insurance Research Council.

But finding cheap car insurance in the Sunshine State isn’t always easy. The average cost of full coverage in Florida is the second highest in the country, according to NerdWallet’s analysis.

Read on to see the cheapest car insurance in Florida by age and driving history, plus the state-mandated minimum requirements. If you’re looking for the best auto coverage, check out our list of the best car insurance in Florida.

If you’re looking for the cheapest car insurance in your city, NerdWallet analyzed rates for some of the largest Florida cities, including:

How we chose the cheapest companies in Florida

NerdWallet’s editorial team analyzed car insurance rates from 12 auto insurers in Florida and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Florida. For full coverage, we used the below 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in Florida where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

Cheap car insurance in Florida

Auto insurance is an important purchase, but finding cheap car insurance in Florida isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

The cheapest car insurance company in Florida is State Farm at $1,731 per year on average, or $144 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Florida. Meanwhile, the average cost of full coverage car insurance in Florida is $3,605 per year, or about $300 per month.

Minimum coverage in Florida is $1,006 per year on average, but we found you can likely get a cheaper policy. For example, State Farm offers the cheapest rates in Florida at $338 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Florida for 20-year-olds

Drivers in Florida with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. State Farm: $3,986 per year, or about $332 per month.

  2. Geico: $4,158 per year, or about $346 per month.

  3. Travelers: $4,457 per year, or about $371 per month.

  4. AIG: $5,067 per year, or about $422 per month.

  5. United Auto: $5,625 per year, or about $469 per month.

Cheapest minimum coverage car insurance in Florida for 20-year-olds

Drivers in Florida who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Geico: $780 per year, or about $65 per month.

  2. Travelers: $902 per year, or about $75 per month.

  3. State Farm: $914 per year, or about $76 per month.

  4. Nationwide: $1,134 per year, or about $94 per month.

  5. AIG: $1,481 per year, or about $123 per month.

Cheapest auto insurance in Florida for 20-year-olds with poor credit

Drivers with poor credit in Florida should look at the following insurers with the lowest average rates for minimum coverage:

  1. Direct Auto: $1,493 per year, or about $124 per month.

  2. Geico: $1,588 per year, or about $132 per month.

  3. AIG: $1,596 per year, or about $133 per month.

  4. Nationwide: $1,746 per year, or about $146 per month.

  5. Travelers: $2,115 per year, or about $176 per month.

Cheapest auto insurance in Florida for 20-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $835 per year, or about $70 per month.

  2. Travelers: $1,107 per year, or about $92 per month.

  3. State Farm: $1,135 per year, or about $95 per month.

  4. Nationwide: $1,472 per year, or about $123 per month.

  5. Mercury: $1,748 per year, or about $146 per month.

Cheapest auto insurance in Florida for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $878 per year, or about $73 per month.

  2. Travelers: $1,191 per year, or about $99 per month.

  3. Nationwide: $1,367 per year, or about $114 per month.

  4. State Farm: $1,379 per year, or about $115 per month.

  5. Direct Auto: $1,774 per year, or about $148 per month.

Cheapest auto insurance in Florida for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

  1. Geico: $1,129 per year, or about $94 per month.

  2. Travelers: $1,336 per year, or about $111 per month.

  3. AIG: $1,593 per year, or about $133 per month.

  4. Direct Auto: $1,607 per year, or about $134 per month.

  5. State Farm: $1,672 per year, or about $139 per month.

Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Florida for 30-year-olds

Drivers in Florida who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. State Farm: $1,757 per year, or about $146 per month.

  2. Geico: $2,493 per year, or about $208 per month.

  3. Travelers: $2,582 per year, or about $215 per month.

  4. Nationwide: $3,203 per year, or about $267 per month.

  5. AIG: $3,333 per year, or about $278 per month.

Cheapest minimum coverage car insurance in Florida for 30-year-olds

Drivers in Florida who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. State Farm: $346 per year, or about $29 per month.

  2. Geico: $520 per year, or about $43 per month.

  3. Travelers: $606 per year, or about $50 per month.

  4. Nationwide: $618 per year, or about $52 per month.

  5. Mercury: $935 per year, or about $78 per month.

Cheapest auto insurance in Florida for 30-year-olds with poor credit

Drivers with poor credit in Florida should consider the following companies with the lowest average rates for full coverage:

  1. State Farm: $3,291 per year, or about $274 per month.

  2. United Auto: $3,436 per year, or about $286 per month.

  3. AIG: $3,579 per year, or about $298 per month.

  4. Direct Auto: $4,193 per year, or about $349 per month.

  5. Geico: $4,258 per year, or about $355 per month.

Cheapest auto insurance in Florida for 30-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. State Farm: $432 per year, or about $36 per month.

  2. Geico: $637 per year, or about $53 per month.

  3. Travelers: $754 per year, or about $63 per month.

  4. Nationwide: $861 per year, or about $72 per month.

  5. Mercury: $1,118 per year, or about $93 per month.

Cheapest auto insurance in Florida for 30-year-old drivers with one at-fault crash

For drivers in Florida with a recent accident, here are the lowest average rate options for full coverage:

  1. State Farm: $2,230 per year, or about $186 per month.

  2. Geico: $3,094 per year, or about $258 per month.

  3. Travelers: $3,361 per year, or about $280 per month.

  4. United Auto: $4,420 per year, or about $368 per month.

  5. Nationwide: $4,558 per year, or about $380 per month.

Cheapest auto insurance in Florida for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. State Farm: $2,538 per year, or about $212 per month.

  2. Geico: $3,615 per year, or about $301 per month.

  3. AIG: $3,777 per year, or about $315 per month.

  4. Travelers: $3,803 per year, or about $317 per month.

  5. Direct Auto: $4,360 per year, or about $363 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Florida for 40-year-olds

Drivers in Florida with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. State Farm: $1,710 per year, or about $142 per month.

  2. Geico: $2,333 per year, or about $194 per month.

  3. Travelers: $2,362 per year, or about $197 per month.

  4. AIG: $3,170 per year, or about $264 per month.

  5. Nationwide: $3,181 per year, or about $265 per month.

Cheapest minimum coverage car insurance in Florida for 40-year-olds

Drivers in Florida who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. State Farm: $334 per year, or about $28 per month.

  2. Geico: $485 per year, or about $40 per month.

  3. Travelers: $603 per year, or about $50 per month.

  4. Nationwide: $614 per year, or about $51 per month.

  5. Mercury: $855 per year, or about $71 per month.

Cheapest auto insurance in Florida for 40-year-olds with poor credit

Drivers with poor credit in Florida can check out the following insurers with the lowest average rates for full coverage:

  1. United Auto: $3,183 per year, or about $265 per month.

  2. State Farm: $3,191 per year, or about $266 per month.

  3. AIG: $3,402 per year, or about $284 per month.

  4. Direct Auto: $3,778 per year, or about $315 per month.

  5. Geico: $3,869 per year, or about $322 per month.

Cheapest auto insurance in Florida for 40-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. State Farm: $415 per year, or about $35 per month.

  2. Geico: $614 per year, or about $51 per month.

  3. Travelers: $787 per year, or about $66 per month.

  4. Nationwide: $852 per year, or about $71 per month.

  5. Mercury: $1,031 per year, or about $86 per month.

Cheapest auto insurance in Florida for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Florida, here are the companies with the lowest average rates for full coverage:

  1. State Farm: $2,168 per year, or about $181 per month.

  2. Geico: $2,941 per year, or about $245 per month.

  3. Travelers: $3,278 per year, or about $273 per month.

  4. United Auto: $4,088 per year, or about $341 per month.

  5. Nationwide: $4,534 per year, or about $378 per month.

Cheapest auto insurance in Florida for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. State Farm: $2,466 per year, or about $206 per month.

  2. Geico: $3,393 per year, or about $283 per month.

  3. AIG: $3,613 per year, or about $301 per month.

  4. Travelers: $3,721 per year, or about $310 per month.

  5. Direct Auto: $3,916 per year, or about $326 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Florida for 50-year-olds

Drivers in Florida with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. State Farm: $1,645 per year, or about $137 per month.

  2. Travelers: $2,273 per year, or about $189 per month.

  3. Geico: $2,279 per year, or about $190 per month.

  4. Nationwide: $3,003 per year, or about $250 per month.

  5. United Auto: $3,018 per year, or about $252 per month.

Cheapest minimum coverage car insurance in Florida for 50-year-olds

Drivers in Florida who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. State Farm: $317 per year, or about $26 per month.

  2. Geico: $460 per year, or about $38 per month.

  3. Travelers: $542 per year, or about $45 per month.

  4. Nationwide: $589 per year, or about $49 per month.

  5. Mercury: $719 per year, or about $60 per month.

Cheapest auto insurance in Florida for 50-year-olds with poor credit

Drivers with poor credit in Florida can check with the following companies, which showed the lowest average rates for full coverage:

  1. United Auto: $3,018 per year, or about $252 per month.

  2. State Farm: $3,049 per year, or about $254 per month.

  3. AIG: $3,429 per year, or about $286 per month.

  4. Direct Auto: $3,651 per year, or about $304 per month.

  5. Geico: $3,757 per year, or about $313 per month.

Cheapest auto insurance in Florida for 50-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. State Farm: $394 per year, or about $33 per month.

  2. Geico: $583 per year, or about $49 per month.

  3. Travelers: $710 per year, or about $59 per month.

  4. Nationwide: $827 per year, or about $69 per month.

  5. Mercury: $1,027 per year, or about $86 per month.

Cheapest auto insurance in Florida for 50-year-old drivers with one at-fault crash

For drivers living in Florida with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. State Farm: $2,081 per year, or about $173 per month.

  2. Geico: $2,867 per year, or about $239 per month.

  3. Travelers: $3,164 per year, or about $264 per month.

  4. United Auto: $3,873 per year, or about $323 per month.

  5. Nationwide: $4,339 per year, or about $362 per month.

Cheapest auto insurance in Florida for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. State Farm: $2,365 per year, or about $197 per month.

  2. Geico: $3,304 per year, or about $275 per month.

  3. Travelers: $3,591 per year, or about $299 per month.

  4. AIG: $3,638 per year, or about $303 per month.

  5. Direct Auto: $3,786 per year, or about $316 per month.

Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Florida for 60-year-olds

Drivers in Florida with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. State Farm: $1,559 per year, or about $130 per month.

  2. Travelers: $2,083 per year, or about $174 per month.

  3. Geico: $2,169 per year, or about $181 per month.

  4. Nationwide: $2,758 per year, or about $230 per month.

  5. AIG: $2,895 per year, or about $241 per month.

Cheapest minimum coverage car insurance in Florida for 60-year-olds

Drivers in Florida who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. State Farm: $294 per year, or about $24 per month.

  2. Geico: $431 per year, or about $36 per month.

  3. Travelers: $502 per year, or about $42 per month.

  4. Nationwide: $535 per year, or about $45 per month.

  5. Mercury: $674 per year, or about $56 per month.

Cheapest auto insurance in Florida for 60-year-olds with poor credit

Drivers with poor credit in Florida can look at the following companies with the lowest average rates for full coverage:

  1. State Farm: $2,853 per year, or about $238 per month.

  2. United Auto: $2,916 per year, or about $243 per month.

  3. AIG: $3,105 per year, or about $259 per month.

  4. Direct Auto: $3,581 per year, or about $298 per month.

  5. Geico: $3,596 per year, or about $300 per month.

Cheapest auto insurance in Florida for 60-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. State Farm: $365 per year, or about $30 per month.

  2. Geico: $544 per year, or about $45 per month.

  3. Travelers: $671 per year, or about $56 per month.

  4. Nationwide: $764 per year, or about $64 per month.

  5. Mercury: $974 per year, or about $81 per month.

Cheapest auto insurance in Florida for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Florida, here are the companies with the lowest average rates for full coverage:

  1. State Farm: $1,963 per year, or about $164 per month.

  2. Geico: $2,742 per year, or about $228 per month.

  3. Travelers: $3,061 per year, or about $255 per month.

  4. United Auto: $3,732 per year, or about $311 per month.

  5. Nationwide: $4,069 per year, or about $339 per month.

Cheapest auto insurance in Florida for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. State Farm: $2,225 per year, or about $185 per month.

  2. Geico: $3,168 per year, or about $264 per month.

  3. AIG: $3,337 per year, or about $278 per month.

  4. Travelers: $3,485 per year, or about $290 per month.

  5. Direct Auto: $3,716 per year, or about $310 per month.

Cheapest for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Florida for 70-year-olds

Drivers in Florida with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. State Farm: $1,602 per year, or about $134 per month.

  2. Geico: $2,127 per year, or about $177 per month.

  3. Travelers: $2,279 per year, or about $190 per month.

  4. United Auto: $3,050 per year, or about $254 per month.

  5. AIG: $3,130 per year, or about $261 per month.

Cheapest minimum coverage car insurance in Florida for 70-year-olds

Drivers in Florida who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. State Farm: $301 per year, or about $25 per month.

  2. Geico: $433 per year, or about $36 per month.

  3. Travelers: $522 per year, or about $44 per month.

  4. Nationwide: $607 per year, or about $51 per month.

  5. Mercury: $722 per year, or about $60 per month.

Cheapest auto insurance in Florida for 70-year-olds with poor credit

Drivers with poor credit in Florida can look at the following companies with the lowest average rates for full coverage:

  1. State Farm: $2,964 per year, or about $247 per month.

  2. United Auto: $3,050 per year, or about $254 per month.

  3. AIG: $3,360 per year, or about $280 per month.

  4. Geico: $3,625 per year, or about $302 per month.

  5. Direct Auto: $3,806 per year, or about $317 per month.

Cheapest auto insurance in Florida for 70-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Florida, here are the companies with the lowest average rates for minimum coverage:

  1. State Farm: $374 per year, or about $31 per month.

  2. Geico: $552 per year, or about $46 per month.

  3. Travelers: $740 per year, or about $62 per month.

  4. Nationwide: $849 per year, or about $71 per month.

  5. Mercury: $1,015 per year, or about $85 per month.

Cheapest auto insurance in Florida for 70-year-old drivers with one at-fault crash

For drivers with a recent accident living in Florida, here are the companies with the lowest average rates for full coverage:

  1. State Farm: $2,029 per year, or about $169 per month.

  2. Geico: $2,737 per year, or about $228 per month.

  3. Travelers: $3,424 per year, or about $285 per month.

  4. United Auto: $3,910 per year, or about $326 per month.

  5. AIG: $4,534 per year, or about $378 per month.

Cheapest auto insurance in Florida for 70-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. State Farm: $2,308 per year, or about $192 per month.

  2. Geico: $3,195 per year, or about $266 per month.

  3. AIG: $3,575 per year, or about $298 per month.

  4. Travelers: $3,906 per year, or about $326 per month.

  5. Direct Auto: $3,964 per year, or about $330 per month.

Minimum car insurance requirements in Florida

Floridians must carry property damage liability and personal injury protection (PIP) in the following amounts:

  • $10,000 property damage liability per accident.

  • $10,000 personal injury protection.

In case you’re at fault in a crash, the Florida Financial Responsibility Law also requires you to be able to pay up to:

  • $10,000 in bodily injury liability per person.

  • $20,000 in bodily injury liability per accident.

Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.

Personal injury protection will cover your medical bills and expenses if you’re injured in a car crash, up to your policy limits, no matter whose fault it was. Depending on your state, PIP may also pay for:

  • Lost wages if you’re unable to work due to injuries from an accident.

  • Services you can no longer perform, like house cleaning or child care, because of your injuries.

  • Funeral costs if an accident-related injury leads to death.

  • A small death benefit as a cash payout.

Experts recommend buying more than the bare minimum when it comes to all parts of your auto liability insurance. You might want added protection from optional coverages such as collision, comprehensive and uninsured motorist insurance.

Check out NerdWallet’s guide to car insurance requirements by state for more details on coverage you might want on your Florida auto policy.

SR-22, FR-44 and alternative auto insurance in Florida

Drivers convicted of certain offenses may be required to get an SR-22 filed by their insurance company with the state of Florida. There’s no such thing as “SR-22 insurance”; instead, an SR-22 is a form certifying you have current auto insurance coverage in compliance with Florida law. An SR-22 might be required if you:

  • Got in an accident without insurance.

  • Had your license suspended due to too many points or another reason.

  • Have severe and recent traffic violations on record.

And if you get caught driving while intoxicated or under the influence of drugs in Florida, another form, an FR-44, may be required instead. Again, “FR-44 insurance” isn’t actually a type of insurance. Rather, an auto insurer must file an FR-44 certificate on behalf of someone convicted of a DUI or similar offenses.

Compared with an SR-22, an FR-44 comes with additional liability insurance requirements. Instead of the relatively low liability limits listed above, you’d need at least:

  • $100,000 for injury to or death of one person.

  • $300,000 for injury to or death of two or more people.

  • $50,000 for property damage liability.

Sunshine State drivers who’ve been denied car insurance because of a spotty driving history or other factors can apply for coverage through the Florida Automobile Joint Underwriting Association.

For more help finding cheap car insurance in Florida, try NerdWallet’s car insurance comparison tool.

No-fault insurance in Florida

Florida is one of several states that has a no-fault car insurance system, but it’s one of only two that doesn’t require any bodily injury liability coverage.

In most states, drivers who are injured in a car accident caused by someone else will seek reimbursement from the at-fault motorist’s insurance company. The claim and payout come from that person’s bodily injury liability coverage.

Under Florida’s no-fault statute, all parties involved in a crash first make injury claims to their own PIP coverage and payouts are capped at 80% of the bills. (More on that below). If injuries from the accident are considered “serious” under Florida law, the at-fault driver’s bodily injury liability pays for additional costs. Serious injuries include at least one of the following:

  • Significant disfigurement.

  • Bone fracture.

  • Permanent limitation of a body organ or member.

  • Significant limitation of a body function or system.

  • Substantially full disability for 90 days.

Injuries that meet this definition are grounds for a lawsuit in Florida. Drivers with bodily injury coverage can use it to pay for legal fees as well as the injured person’s medical costs, but anyone with only the minimum required coverage — that is, no bodily injury coverage — would have to pay out-of-pocket if they were at fault.

To complicate things further, drivers can also be partially at fault for a crash. Florida has a “comparative fault” statute, meaning that two drivers can share responsibility for an incident. In a lawsuit, a jury could assign 30% of the responsibility to the injured driver, who would then be entitled to only 70% of the total damages from the other driver.

Insurance companies don’t just absorb those costs. As in many states that require personal injury protection coverage, drivers in Florida tend to pay more for car insurance, on average, compared with those in non-PIP states.

How PIP works in Florida

Drivers in Florida are required to carry at least $10,000 of PIP, which is also called Florida no-fault insurance.

In addition to medical bills, no-fault insurance in Florida can also pay:

  • Lost wages if crash-related injuries force you to miss work.

  • The cost of hiring in-home care if you need help due to injuries.

  • The cost of equipment you need while recovering, such as a wheelchair.

  • Funeral costs.

PIP fraud can be common in no-fault states, including Florida, where staged accidents and unscrupulous medical providers can drive up the cost of insurance, specifically PIP. Because of this, a no-fault insurance law was enacted in 2015. It requires people injured in a crash to see a medical professional within 14 days of the incident to make a PIP claim. It also limits payouts to 80% of “reasonable” medical expenses as outlined in the statute.

Note that PIP will also cover your passengers’ injuries, but it doesn’t cover damage to your car. You go through the at-fault driver’s insurance for vehicle repairs or through your own collision coverage if you were responsible.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2020 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

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