You have many options to choose from when buying auto insurance if you are one of Florida’s 18 million licensed motorists. The MarketWatch Guides team has done extensive research to identify the best auto insurers for Florida.
This article will take a closer look at five of the most reliable car insurance companies. We’ll explain our findings, and how we arrived at our recommendations for the best Florida auto insurance. We will also discuss the pros and cons for each company to help you decide which one is best for your needs and budget.
Takeaways
- State Farm offers the most affordable car insurance rates in Florida, as well as a wide range of coverage options.
- In Florida, the minimum car insurance policy costs $115 per month or $1 385 annually. Full-coverage insurance costs $270 a month or $3,244 annually.
- Florida drivers must have a minimum of $10,000 per accident in property damage coverage and $10,000 for personal injury protection.
- Compare quotes, look for discounts, choose minimum coverage and increase your deductible to save money on car insurance
Which is the best car insurance in Florida?
According to our research of the industry, we have identified five top car insurance companies located in Florida.
- State Farm
- Travelers
- Geico
- Progressive
- Allstate
Our research includes J.D. Our research includes ratings from J.D.
Compare Florida Auto Insurance
We compared the five top companies to determine the best car insurance in Florida.
- Industry ranking: We used J.D. Power, AM Best, and the BBB are used to compare how well each car insurance company does in the industry.
- Availability We checked whether all or most drivers in Florida have access to each company.
- Coverage We compared the coverage options available for each company.
- Discounts and Cost We have highlighted the companies that offer the best discounts and prices for Florida drivers.
- Customer Experience: We analyzed reviews, reputations and sentiment to determine the level of satisfaction among customers.
We created an overall score based on these factors. This table shows the ranking of car insurance providers for Florida. The ratings reflect the performance of the companies across the country, so Travelers is ranked second despite having a higher rating.
Best Car Insurance in Florida |
Score |
Industry Stand |
Availability |
Coverage |
Discounts and Costs |
Customer Experience |
|---|---|---|---|---|---|---|
| State Farm | 9.4 | 10 | 9.8 | 9.2 | 9.3 | 9.3 |
| Travelers | 9.5 | 9 | 10 | 9.8 | 9.8 | 8.7 |
| Geico | 9.1 | 9.7 | 10 | 8.4 | 9.1 | 8.8 |
| Progressive | 9 | 9.5 | 10 | 9.5 | 7.8 | 8.7 |
| Allstate | 8.8 | 9.5 | 10 | 9.2 | 7.4 | 8.7 |
Customer Experience
Customer experience, along with price, is an important factor in determining which car insurance companies are the best in Florida — or in any other state. We wanted to know the individual experiences of customers and their overall sentiment in order to score car insurers based on customer experience.
We performed secret shopper analysis, where we called companies to see how they treated us as customers. We analyzed data from our car insurance satisfaction survey, as well as reviews on social forums and company websites like BBB and Trustpilot.
Best Car Insurance Companies In Florida
See below why we selected State Farm, Travelers Geico Progressive Allstate and Allstate to be the top five auto insurance companies in Florida. All J.D. All J.D. Power 2023 U.S. Insurance Shopping Study (sm).
1 State Farm: The Best Customer Experience
J.D. J.D.
AM Florida’s best financial strength rating: AA-
BBB rating: C-
State Farm Car Insurance Coverage
State Farm Florida auto insurance offers all the following standard protections.
- Property damage liability covers damage caused to another person’s property. Bodily Injury Liability Insurance covers injuries you may cause to other drivers.
- Insurance protects your vehicle in the event of an accident.
- Comprehensive Insurance protects your vehicle from damage caused by something other than an accident (for example, hail damage or vandalism).
- Underinsured/uninsured motorist coverage (UM/UIM) covers you if you’re in an accident with a driver who doesn’t have enough insurance or any at all.
- Personal Injury Protection covers your medical costs and those of your passengers regardless of fault. PIP covers ambulance costs, emergency room fees, lost wages, and funeral expenses.
- Medical Payments Coverage (MedPay) covers your medical expenses and those of your passengers regardless of fault. It is often cheaper than PIP.
Travelers – Best for most drivers
J.D. J.D.
AM Best financial strength rating: A+
BBB rating: A
Travelers Car Insurance Coverage
Travelers provides drivers in Florida with all of the standard coverages, but also offers a variety of additional coverages including:
Travelers Insurance Company Website Reputation
Travelers’ A+ rating by AM Best, and A rating by the BBB, demonstrates its financial strength and commitment to customer service. It has been in business since 1865 and boasts a long and proven track record as well as more than 150 years’ experience.
Travelers’ reviews are mixed, as with the majority of car insurance companies. If you read reviews of any car insurance provider, remember that angry customers with bad experiences will often take more time to leave a review.