The Best Car Insurance in Florida for 2023

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Policyholders in the state of Florida who have GEICO auto insurance are eligible for a variety of discounts. These savings opportunities include a discount for safe driving (if you stay accident-free for at least five years), a multiple car discount (for insuring more than one vehicle with GEICO) and a bundling discount (for combining your car insurance with other types of GEICO insurance, such as home, renters, condo or mobile home insurance).

GEICO also places high importance on safety and security components. A policyholder may be eligible for discounts on their auto insurance premium if their car is equipped with an anti-theft system, anti-lock brakes or airbags. Similarly, outfitting your vehicle with daytime running lights may render you eligible for significant discounts.

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Adding young drivers to a policy can make car insurance extremely expensive. However, GEICO offers an affordable option with good customer service. Stress is the last thing you want when filing a claim, and quality customer service goes a long way in smoothing the process. This is especially important when insuring younger or more inexperienced drivers, who tend to file more claims.

GEICO also offers significant discounts for families with young drivers. One is the student discount, which provides saving opportunities for full-time students with good academic records. Drivers who complete a driver’s education or defensive driving course are also liable to save on their premiums.

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Although car insurance rates for seniors are generally higher, GEICO provides a combination of reasonable premiums and excellent service. Seniors can take advantage of the company's roadside assistance if they get a flat tire or are locked out of their car and find themselves stranded. Additional services like towing and jumpstarting are part of this coverage. With GEICO's rental car reimbursement coverage, senior drivers can get reimbursed for the cost of renting a vehicle if their vehicle is rendered inoperable for more than 24 hours due to a covered accident.

GEICO also offers elderly drivers the opportunity to save on their premiums. Most suitable for seniors, the company provides a discount to drivers over 50 years old. Also, seniors who complete a defensive driving course may receive additional discounts.

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For drivers with a spotty driving record looking for top car insurance in Florida, GEICO is a company with some of the best policies and most affordable premiums. Its average rate is $1,859 per year. This insurer also received a high claims rating and user satisfaction score of 4 out of 5.

Additionally, GEICO offers the following three add-on coverages that can help if you get into an accident:

• Roadside Assistance: This helps you if you’re stranded on the road due to an issue like a flat tire or getting locked out of your vehicle.
• Rental Car Reimbursement: This coverage pays for you to rent a car if yours is undergoing repairs after a covered accident.
• Accident Forgiveness: This endorsement guarantees that insurance premiums will not increase after your first at-fault accident.

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USAA has some of the most affordable car insurance policies and best service ratings in Florida. This company is known across the country for the same reputation. USAA also offers various coverages and discounts, including:

• Rideshare Insurance: Rideshare gap coverage is a great option if your standard insurance policy does not cover you while you're waiting for a rideshare request. The additional coverage can be included for as little as $6 per month.
• Accident Forgiveness: By remaining accident-free for at least five years, your premium will not go up after your first at-fault accident if you obtain USAA's accident forgiveness coverage.
• Mileage Discount: Florida drivers are eligible for this USAA discount based on how much you drive in a year.
• Vehicle Storage Discount: Get up to a 60% discount if you store an insured car.

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Travelers offers new car replacement coverage, making it MoneyGeek's choice for new car owners. Typically, vehicles lose value immediately after being driven off the lot. If your new car is totaled in a covered loss within five years of owning it, Travelers' Premier New Car Replacement coverage will cover the costs of replacing it with a brand-new vehicle of the same make and model.

Travelers' new car replacement excludes any applicable deductibles. It also includes gap coverage, which covers the difference between the car's actual cash value and the remaining loan or lease balance. Additionally, Travelers has a glass deductible that you may use in place of your comprehensive deductible for glass-only damages caused to your windshield, mirrors, windows and exterior lights.

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With Nationwide SmartMiles, two factors make up your premium: a base rate and a variable rate (cost per mile). You first pay the base rate, after which a variable charge applies to any additional miles driven. Since the variable part of your rate is mileage-based, it will fluctuate from one month to another depending on the distance you drive.

Following the company's road trip exemption, you only have to pay for the first 250 miles traveled in a single day. Additionally, you may receive a 10% discount for safe driving.