Cheapest Auto Insurance Companies in Florida 2023 – Find the Best Rate

GEIC and state farm They have some of the cheapest auto insurance rates in Florida. It costs $28 per month at GEICO for liability-only auto insurance. It costs $127 per month at State Farm for full coverage insurance. Few other companies also offer the cheapest car insurance for other coverage options. We’ll talk about the cheapest car insurance companies in Florida in 2023 so you can find the best coverage for your car while saving a lot of money.

It’s important to note that the average cost of auto insurance in Florida is $1,128 and $3,183 per year for minimum coverage and full coverage, respectively, according to Bankrate. And while insurance rates in the state may be higher than in other regions, in this blog we’ll also talk about some simple steps you can take to lower the cost of your auto insurance in 2023.

The cheapest auto insurance companies in Florida

Here are some of the best car insurance companies They offer the lowest rates on various types of coverage.

Discounts Offered by Car Insurance Companies in Florida

One way to reduce your insurance costs is also to apply all the discounts to which you are entitled. Here are all the discounts offered by the cheapest car insurance companies in Florida.

Additional Ways to Lower the Cost of Auto Insurance in Florida

As we mentioned at the beginning, the cost of Car insurance in Florida it could be slightly higher than its neighboring states.

Here are some additional ways to reduce the cost of your auto insurance:

compare quotes: Be a smart shopper when shopping for auto insurance in Florida. Getting quotes from multiple vendors is essential, as each has its own unique pricing model. You will find the best offer that suits your needs and budget by comparing quotes.

Increase your deductible: Did you know that increasing your deductibles can lower your insurance premiums? It’s true! Just be sure to assess whether or not you can afford the higher deductible in the event of an accident before making any changes.

Consider usage-based insurance: Discover a smarter way to save on auto insurance: with usage-based insurance! Unlike traditional auto insurance policies, usage-based options allow your premiums to be calculated based on your driving habits. Using a simple app or device, your insurer can track your driving behavior, including mileage, speed, and braking patterns! If you’re a safe driver, you could unlock significant savings on your auto insurance.

Ask about group insurance: Check your eligibility for group insurance coverage through your workplace, professional associations, or alumni networks. You may qualify for reduced policy premium rates with group insurance instead of paying for an individual plan.

Conclusion

Finding the most affordable auto insurance in Florida is not an impossible task. With our list of the cheapest auto insurance companies in Florida, information on the variety of discounts companies offer, and smart strategies for lowering your insurance premium, you can easily save a lot of money. You can also lower your costs while you find the right coverage by working with an insurance agent who understands your needs.