Your age, driving history, preferred coverage limits, and credit score affect your annual premium. Although GEICO offers the cheapest car insurance in Florida for the average driver, what's more affordable for you may be different. You can get an estimate of how much car insurance costs in Florida by entering your zip code into the MoneyGeek car insurance calculator. To obtain a personalized quote, you will be asked to provide more specific information.
USAA, GEICO and Allstate are the three cheapest companies in Florida for liability coverage, so we suggest you start your search by comparing their rates. Although GEICO is the second cheapest insurer for Florida drivers with a clean record, State Farm has lower rates for those with DUI. State Farm has lower rates for those with a speeding ticket on their record than GEICO, the second cheapest supplier for drivers with a clean record. MoneyGeek studied the policies available to drivers between the ages of 16 and 25 in Florida.
We found that GEICO offers the cheapest insurance for young drivers within this range. There are several unique reasons why car insurance also increases every year in Florida, even if your data remains the same. Those who receive fines may incur points on their driving record, causing their car insurance rate to rise. However, once you've found a cheap car insurance policy, keeping your rates low is another matter altogether.
Florida does not require uninsured motorist protection, which replaces the liability coverage an at-fault driver should have had and pays their costs up to the limits of their policy. If you stay accident-free for five years, your next at-fault accident won't cause your auto insurance premium to rise. You can learn more about when to cancel optional coverage and penalties for driving without insurance in Florida to make sure you're paying for the coverage you need. Florida allows you to talk on your cell phone while driving and does not limit the number of passengers that new drivers can have in their vehicle with them.
For this reason, Florida does not require personal injury liability insurance, which is intended to cover the medical expenses of other parties in the event that you cause an accident. But you can minimize the cost of coverage in Florida, which ranks 36th among the cheapest car insurance rates in the country. As in most states, Florida drivers must have at least a minimum amount of coverage to legally drive. There is no “SR-22” insurance; instead, an SR-22 is a form that certifies that you have current auto insurance coverage under Florida law.
Searching for cheap car insurance quotes with multiple insurers is the best way to find lower rates. If you cause an accident that causes bodily injury to another person, or if you are found to be driving under the influence of alcohol, you will be required to have additional types of coverage and higher coverage limits under the Florida Financial Responsibility Act, called SR-22 or FR-44 insurance. Insurance companies charge Florida drivers even with minor driving violations on their record, such as fines, higher rates than those with a clean driving record.