Auto insurance companies in Florida; 1, Progressive, 18, 33%; 2, State Farm, 14, 74%; 3, Allstate Corp. Geico, the second largest auto insurer in the country and the largest in Florida, issues nearly a quarter of all auto insurance policies in Florida. Geico Offers Florida Drivers Up to 10% Discount for Completing an Approved Defensive Driving Course. Drivers taking online courses offered by the National Safety Council, the American Safety Council, and the Florida Safety Council are also eligible for discounts.
In addition, Geico offers discounts to alumni from several universities, including Florida Atlantic University and Florida Gulf Coast University. Progressive is a major company that underwrites 15% of all auto insurance policies in Florida. While Progressive is primarily known for its online presence, the company operates eight full-service centers in Florida. Drivers who have been involved in minor accidents can leave their vehicles at these service centers to receive a repair quote.
Service center employees will coordinate repairs, which come equipped with a lifetime warranty. Allstate makes it easy to find a local agent in Sunshine State by offering the option to search online by zip code or city. While most insurance companies offer this search feature, Allstate improves search functionality by displaying a map alongside results, eliminating the need to search multiple addresses. USAA primarily serves members of the U.S.
UU. Military and their families, and Florida is home to 21 military bases representing each branch of the U.S. USAA's large Florida presence includes its Southeastern Regional Campus, located in Tampa. Despite being a small player with only 2% of the Florida auto insurance market, Infinity maintains many agents across the state.
In fact, Infinity has 30 agents in Miami and Orlando each. The company maintains an active presence in communities where it sells auto insurance. For example, Infinity has donated millions to programs like Step Up for Students in Florida, Texas, California and Arizona. Travelers is the 8th largest auto insurance company in Florida and one of the largest in the U.S.
The company partners with local institutions, such as Florida Realtors and Florida Hospital Credit Union, to offer its members discounts and special benefits. Although Travelers sells its policies through independent agents, the company continues to provide customers with an online directory to quickly find an agent in their area. Farmers is one of the largest insurance companies in Florida and holds 2% of the share of the auto insurance market in the state. One benefit of selecting a large insurance company like Farmers is that the company offers several insurance products, which means you can get discounts when bundling policies.
Farmers even offer insurance for recreational vehicles, such as boats. AmTrust Financial has seven corporate offices located in some of Florida's largest cities, including Jacksonville and Ft. The company is the fourteenth largest auto insurance writer in the country. Potential policyholders should be aware that AmTrust Financial does not provide direct quotes to customers.
If you're interested in an auto insurance policy, you'll need to talk to an independent agent who sells policies for the company. According to our research method, the companies that sell the best car insurance in Florida include State Farm, Geico, Progressive and Allstate. These companies offer impressive coverage options and solid lists of discounts. We then delve into these companies to help you decide if one is right for you.
While Progressive has the highest average total coverage premium on our list, your benefits may outweigh the cost. The company offers numerous digital tools that could make finding the best car insurance in Florida faster and easier. Its Name Your Price tool completes coverage options based on your budget, and you can even compare rates from different companies directly from the Progressive website. The national airline also offers its Snapshot telematics program, which gives customers the opportunity to save on premiums based on their driving habits.
Allstate offers a wide range of standard auto insurance coverage options, an exceptional web presence, and plenty of ways policyholders can save on their premiums. Allstate insured drivers can save by digitally managing their policy, installing safety equipment and adopting safe driving habits to benefit from the company's exclusive Safe Driving Bonus. However, the carrier has the second highest premium on our list, so it may not be the best option for consumers on a tight budget. Geico and State Farm Offer Affordable Minimum and Total Coverage in Florida, Based on Average Premium Data.
However, keep in mind that the cheapest car insurance company will vary based on your individual rating factors. The cheapest coverage for you may come from another company that is not listed here. Getting quotes from a handful of companies and comparing prices could help you get a cheaper rate. Keep in mind that the cheapest coverage isn't always the best coverage, so make sure you're properly insured to protect yourself from high out-of-pocket costs if you're involved in an accident.
WalletHub makes it easy to find the best car insurance companies in Florida. The table below shows the average fare estimates for different Florida cities, based on a 35-year-old driver with good credit and a clean driving record. According to our research, young drivers in Florida pay substantially more for auto insurance coverage than older drivers between 20 and 30 years old. In Florida, 16-year-old drivers who have just received their license can expect to pay more for an auto insurance policy.
Our research found that Geico and State Farm tend to offer the cheapest rates on average. According to our research, Geico and State Farm tend to be the cheapest options on average for 17-year-old drivers looking to purchase full-coverage car insurance in Florida. Drivers in their twenties may find car insurance rates a little cheaper than teenage drivers. In Sunshine State, Geico and State Farm offer the cheapest rates on average for 21-year-old drivers.
Florida is one of the most beautiful states in the United States, with a pleasant and pleasant climate, hundreds of miles of open roads and plenty of coastline to explore. But before you jump into a car and head to those white-sand beaches, make sure you get the best deal on your car insurance by choosing one of the five best car insurance companies in Florida. Despite all the benefits that living in Florida offers, car insurance rates in Florida are among the top three of the most expensive car insurance in the entire country. It's worth researching and comparing as many rates as possible using our comparison tool below.
It's also important to choose an auto insurance company that fits your specific needs, whether you're an older driver, a homeowner, or have a poor driving record that you're trying to improve. Progressive Insurance is the Best Car Insurance Company in Florida for a Variety of Reasons. While your average statewide premium isn't the lowest in Florida, it offers a combination of programs and unique discounts that could give you the most affordable policy possible. GEICO Takes Top Honors For Florida's Lowest Auto Insurance Premiums.
The company also ranks second in the state in terms of customer satisfaction and claims, indicating that the drivers covered by the company are quite satisfied with the service. It's not hard to see why GEICO has the lowest premiums in Florida. The company offers more significant discounts than any other insurance company. Some of their most attractive discounts translate into savings of 20-25%.
It's important to remember that while consumers tend to focus on price, there are other factors that contribute to having a positive experience with your car insurance company. Even though Allstate has a higher average premium than Progressive in Florida, its commitment to customer satisfaction in Florida helped the company claim a top spot on this list. If you are a driver with low mileage, you may want to consider the Allstate Milewise plan. It is designed to base your premium on the actual mileage traveled.
You will pay a daily base rate, plus a per-mile rate. Milewise is only available in 16 states, and Florida is one of them. People are going through difficult times and sometimes they can't pay their insurance bills. Job Losses Occur, Which Can Lead to Foreclosure and Bad Credit.
But people can also change those situations and get a new lease on life. The General is an auto insurance company that understands that. It offers competitive car insurance prices for those who have a credit or driving history that isn't perfect. They provide affordable prices and work with you to make your payments.
Car insurance quotes are made on a case-by-case basis. So, even though the companies on this list are some of the best, you may find a better quote based on your age, driving history, credit score, homeownership status, and more. For that reason, it's wise to pass your information through an online marketplace like The Zebra. It takes your location and personal information and uses it to show you which car insurance options best fit your profile.
To find the best car insurance options in Florida, we consider more than just affordability. We conducted research that ranked auto insurance companies based on customer satisfaction, company financial health, premium costs, savings for multiple ages and types of drivers, and more. Financial StrengthWe investigated the average annual premiums of auto insurance companies in Florida and which auto insurance companies had the best financial strength. Poor financial health could lead to problems when paying claims in the future, making it an important indicator to consider when choosing an auto insurance company.
All five car insurance companies on this list had an excellent or higher financial rating, indicating the company's financial health. We enter the zip codes of five different cities in Florida. We test for drivers of various ages with different driving histories, including drivers with DUI tickets and accidents in the past three years. We also ran tests for drivers who had different credit scores, as well as those who rent and those who own their homes.
Finally, we compared many online auto insurance marketplaces to find the most comprehensive one. In the end, Progressive was the No.
Florida's auto insurancelaws are unique because Florida is a no-fault state. Make sure you understand what this means (see below for more information) and consider having insurance above state minimums for more protection.
PIP insurance is sometimes referred to as “no-fault insurance” in Florida. If you have PIP insurance, you're covered for personal injury, even if you weren't at fault in an accident. Because Florida drivers are supposed to maintain their own PIP insurance, drivers PIP plans must cover them in case of injuries. Property damage liability insurance covers damage you cause to other people's personal property in the event of an accident.
What is no-fault insurance? Florida is one of the 12 states in the U.S. In these states, each driver's insurance company covers them in the event of an injury. That means your insurance company will pay for medical bills, surgery bills, or physical therapy costs, regardless of whether you are at fault. No-fault insurance is designed to reduce the number of lawsuits filed.
The threshold for filing a lawsuit in Florida includes loss of significant bodily function, permanent injury, permanent scarring, disfigurement or death. As with any major financial decision, it's important to do your own research. Take the time to get at least five auto insurance quotes from companies in Florida before deciding which one is best for you. Be sure to ask about the discounts you qualify for and if the insurance company will increase your rates after you've been with them for more than a year.
Ask what happens to your fare in the event of an accident and if the company offers programs to help you save in the future. Gather your research and then make an informed choice based on the quotes you receive after providing your driving history, age, and data to various auto insurance companies in Florida. State Farm can provide us with the car insurance they are looking for in Florida. In addition, this company can provide us with excellent service and the highest level of trust.
Your knowledgeable agents are the key to finding easy savings, customizable coverage and simple policies. Geico may be our best option if you are new to Florida and are looking for an excellent policy. Whether they are ready to buy a new car or are looking to change suppliers, Geico can easily prove that they are the best decision. As a result, Geico ranks first on our list of car insurance companies in Florida.
Progressive is well known for offering customers multiple discounts to save on a policy. In addition, it is one of the best insurance companies out there. In addition, more than 18 million people rely on them to insure their vehicles. When we buy an Allstate policy, it's more than just car insurance.
In addition, we receive personalized help from expert agents and only the best innovative tools available. Allstate agents can help us find available discounts, adjust our coverage as needed, and answer any questions we may have. For example, one year of insurance at one of the most expensive companies in the state may cost as much as seven years of comparable insurance from a less expensive company. Florida Electric Car Claim Satisfaction Study, State Farm Offers Cheapest Estimates for Several Different Driver Profiles.
Finally, drivers should also consider purchasing other types of auto insurance to better protect themselves, since liability insurance does not provide any coverage for the policyholder's injuries or property. Choosing the Right Auto Insurance Company in Florida is a Crucial Decision That Should Not Be Taken Lightly. Being a federal employee, active-duty military member or veteran or student with good grades could lower your insurance premiums. Florida is a no-fault state, meaning Florida drivers must file claims with their own insurance provider for injuries after an accident, regardless of who is at fault.
Your insurance company's options may be limited, so you may need to do a little more research to find the best option for you. While coverage options, insurer availability, affordability, and customer experience are often top priorities, Bankrate also looked at each insurer's online and mobile resources for policy and claims management. Advertising may affect how and where listings appear on this site (including, for example, the order in which they appear). .