Florida has one of the best average annual car insurance coverage rates in the country, up to $991 beyond the national average. During this article, we’d be viewing the best Automobile insurance coverage in Florida.
This would show you everything you would like to grasp regarding your insurance coverage in FL. The national average for full coverage is $1,771, consistent with the analysis.
New York, LA, and FL are the 3 costliest states for insurance on average.
The average price for insurance in FL was $2,364 per annum for full coverage. In 2022, it’s up to $2,762 per annum. For port-of-entry drivers, it’s even higher.
At an annual price of $3,459 for full coverage, monthly premiums are a mean of $288.
Statistics from 2019 showed that 20.4% of FL drivers were uninsurable. By comparison, the national average was 20%, consistent with the Insurance Data Institute, in 2019. Their data, collected by the Insurance analysis Council, additionally showed that one in eight drivers was uninsurable in 2018.
In territory, the typical insurance price for full coverage is reported at $2,520.
The most big-ticket town in FL for insurance is Hialeah, wherever yearly coverage is $3,777.
Florida car Insurance Price by Corporations
Below shows the statistics for Florida’s car insurance price-supported insurance companies:
| Company | Average Cost |
| Farmers | $2,900 |
| Allstate | $3,160 |
| Geico | $1,400 |
| Direct General | $3,100 |
| Mercury | $2,400 |
| Travelers | $1,900 |
| Progressive | $2,700 |
| State Farm | $1,600 |
| Statewide Average | $2,300 |
Affordable Car Insurance in FL
With a mean annual rate of $1,414, Geico is that the least expensive insurance company in FL.
At the opposite finish of the spectrum, Allstate has the best rate for the state. Its average car policy price is $3,169 per annum.
People living in FL pay a mean of $2,762 per annum for full coverage insurance and $997 annually for minimum coverage policy.
Florida Automobile Insurance Price supported Gender
As new drivers, 17-year-old females, and males pay $7,996 and $8,979 on average per annum, severally, for FL car insurance.
| Company | FEMALE | MALE |
| Allstate | $13,247 | $14,515 |
| Direct General | $6,803 | $7,202 |
| Farmers | $10,637 | $10,684 |
| Geico | $3,508 | $3,875 |
| Mercury | $12,237 | $14,232 |
| Nationwide | $6,836 | $8,649 |
| Progressive | $8,728 | $9,290 |
| State Farm | $3,989 | $5,057 |
| Travelers | $5,982 | $7,306 |
| Statewide Average | $7,996 | $8,979 |
Florida car insurance supported Adults
Florida’s yearly insurance rates for single young adults at age twenty-five are considerably but the rates for teens, averaging at $2,748 for females and $2,789 for males.
An annual car policy with Geico prices of $1,614 and $1,661 for females and males, severally, on average. With Direct General, the typical rate for females is $3,656 per annum, and therefore the average for males is $3,837.
| COMPANY | 25-YEAR-OLD FEMALE | 25-YEAR-OLD MALE |
| Allstate | $3,339 | $3,419 |
| Direct General | $3,656 | $3,837 |
| Farmers | $3,422 | $3,400 |
| Geico | $1,614 | $1,661 |
| Mercury | $3,137 | $3,027 |
| Nationwide | $2,273 | $2,401 |
| Progressive | $3,392 | $3,319 |
| State Farm | $1,736 | $1,845 |
| Travelers | $2,161 | $2,188 |
| Statewide Average | $2,748 | $2,789 |
Florida Automobile insurance supported for senior citizens
The average rates for married 60-year-old females and males in FL square measure $2,069 and $2,087 per annum, severally.
Geico is additionally the most cost-effective insurance carrier for this age bracket. Its average annual rates square measure $1,273 for females and $1,216 for males.
Allstate’s rates for senior drivers are around $800 per annum over the state’s averages for females at $2,861 and for males at $2,941.
| COMPANY | 60-YEAR-OLD FEMALE | 60-YEAR-OLD MALE |
| Allstate | $2,861 | $2,941 |
| Direct General | $2,711 | $2,696 |
| Farmers | $2,721 | $2,698 |
| Geico | $1,273 | $1,216 |
| Mercury | $1,870 | $1,927 |
| Nationwide | $1,737 | $1,821 |
| Progressive | $2,309 | $2,299 |
| State Farm | $1,446 | $1,446 |
| Travelers | $1,693 | $1,741 |
| Statewide Average | $2,069 | $1,847 |
Florida car insurance supported Driver Records
If you reside in FL and have a clean driving record, then you’ll notice a positive insurance rate with Geico.
Its monetary value of $1,414 per annum is nearly $1,000 but Florida’s overall average of $2,393 per annum.
Allstate is that the costliest nondepository financial institution during this class with a mean annual rate of $3,169.
| COMPANY | CLEAN RECORD |
| Allstate | $3,169 |
| Direct General | $3,132 |
| Farmers | $2,957 |
| Geico | $1,414 |
| Mercury | $2,492 |
| Nationwide | $2,039 |
| Progressive | $2,735 |
| State Farm | $1,606 |
| Travelers | $1,993 |
| Statewide Average | $2,393 |
Florida Automobile insurance-supported Accident Reports
After one automotive accident, Florida’s average insurance rate jumps to $3,416 per annum.
However, the typical annual price of a policy with State Farm is around $1,500 less at $1,867.
In distinction, Allstate’s rate of $4,465 is over $1,000 beyond the state’s average.
| COMPANY | WITH 1 ACCIDENT |
| Allstate | $4,465 |
| Direct General | $4,114 |
| Farmers | $4,228 |
| Geico | $1,924 |
| Mercury | $4,290 |
| Nationwide | $2,833 |
| Progressive | $4,340 |
| State Farm | $1,867 |
| Travelers | $2,680 |
| Statewide Average | $3,416 |
