Car Insurance Florida Average Cost

It just takes one mishap to disrupt life as you know it.

Car insurance florida average cost. With a population of over 21 million florida is the 3th most populated state in the country and features over 274 000 miles of road. That s 33 more than the national monthly average rate of 147. More than a dozen insurance companies operating in florida offer auto insurance policies but state farm travelers geico usaa and florida farm bureau offer the state s lowest rates according to a 2019 valuepenguin study. Average cost of car insurance in florida by city.

How much is insurance in the sunshine state. The average car insurance rate for state minimum coverage is 69 a month or 828 a year. The cheapest cities for car insurance with an average rate of 2 742 per year were. The long answer is that the average cost depends on a variety of key factors many of which we ve outlined in the sections below.

Insurance rates in florida are high because of a variety of factors. Guy and women also may have far better luck searching for low cost vehicle insurance if they have a high credit report score. The average car insurance rate in florida is 1 878 per year 31 6 more than the us average. Smartfinancial auto insurance florida auto insurance average rates.

Average car insurance costs in florida. But auto insurance prices are dictated by factors other than state lines. To calculate the car insurance average cost we requested a quote from all the major us companies for a 21 year old 40 year old and 70 year old driver. Florida has an average annual insurance cost of 2 178 per year.

Auto insurance is expensive in florida. By comparison new york s average rate is 1 789 and california s is 1 846. That s the short answer. Some small vehicle insurance business just supply policies in a couple of states.

Auto insurance premiums consider a number of components including your driving record credit history gender age and marital status. Top rated auto insurance. The average cost of car insurance in florida is 180 a month 2 162 a year for a driver age 30 for full coverage. The average annual cost of car insurance in the united states is 1 416 according to the data in our study.

The average cost of full coverage auto insurance in florida is 3 125 per year or 260 monthly though rates vary substantially by location age and other elements of your driver profile. For 300 000 dwelling coverage with a 1 000 deductible and 300 000 liability limits the average rate of 5 187 in miami zip code 33135 is the highest for the city.