Average Cost of car insurance in Florida in 2024

How much is car insurance per month in Florida?

The average cost of car insurance in Florida in 2023 is $246 per month for full coverage and $94 per month for minimum coverage. This makes Florida the most expensive state in the country for car insurance.

How much does a Florida driver pay for car insurance yearly?

Florida drivers pay an average of about $2,104 more per year for full coverage car insurance than drivers in the rest of the country. The high cost of car insurance in Florida is due to a number of factors, including the state's no-fault auto insurance laws, the high percentage of uninsured motorists, the high-risk exposure due to extreme weather conditions, and the average driver profile, which is older than the national average.

Average car insurance cost in Florida by top city

Here's a table showing the average annual cost of full coverage car insurance for minimum liability and full coverage in selected Florida cities:

Average car insurance cost in Florida by company

Here's a table showing the average annual cost of full coverage car insurance in Florida for selected insurance companies:

Average car insurance cost in Florida by your age

Here is a table showing the average annual cost of full coverage car insurance in Florida by age:

Average car insurance cost in Florida by your driving history

Here is a table showing the average annual cost of car insurance in Florida your driving history

Average car insurance cost in Florida by your credit history

Here is a table showing the average annual cost of car insurance in Florida your credit history

What is the standard car insurance in Florida?

In Florida, the standard car insurance policy is a minimum liability policy, which provides coverage for bodily injury liability (BIL) and property damage liability (PDL). BIL coverage pays for medical expenses and lost wages if you injure someone else in an accident, while PDL coverage pays for damage to the other driver's property.

The minimum liability coverage limits in Florida are as follows:

• $10,000 per person for bodily injury liability
• $20,000 per accident for bodily injury liability
• $10,000 per accident for property damage liability

Who pays for car damage in Florida?

Here is a table summarizing who pays for car damage in Florida:

Conclusion:

If you are looking to save money on your car insurance in Florida, there are a number of things you can do, such as shopping around for different insurance quotes, maintaining a clean driving record, raising your deductible, taking advantage of discounts, and considering bundling your insurance.