Best Car Insurance Companies in Miami, FL

Your personal driver profile may determine the company that best fits your needs. For example, Travelers is the best company for customer service and drivers with new cars. We recommend State Farm for young adults and drivers with offenses. GEICO is the best choice for minimum coverage policies, teenagers and seniors.

MoneyGeek also analyzed companies to find the cheapest car insurance in Miami.

The best companies for car insurance in Miami are:

• GEICO: MoneyGeek score 75 out of 100 ($1,472 per year)
• State Farm: MoneyGeek score 73 out of 100 ($1,704 per year)

GEICO received the best scores for affordability and customer satisfaction in Miami, which means it balances cost and quality service. As location can impact car insurance costs, rankings may differ across the state. Because of cost variations, the best car insurance in Florida as a whole is from State Farm.

MoneyGeek collected data from nine companies to find the best car insurance in Miami. Out of these companies, GEICO ranked first based on several factors.

GEICO has the best affordability score, but State Farm has the best customer satisfaction rating. GEICO still emerges at the top because of its higher affordability and claims scores. Both companies have some of the lowest coverage scores.

We used rates for full coverage policies, and some companies weren't included in the rankings because of missing data.

Without considering the cost, the best companies for customer service in Miami are:

• Travelers: MoneyGeek score 60 out of 100 ($2,302 per year)
• State Farm: MoneyGeek score 58 out of 100 ($1,704 per year)

Travelers received the best scores for coverages offered and customer satisfaction. This company can give you quality customer service and more protection for your vehicle.

This company may not be the cheapest option, so you could pay more for their services. However, if you prioritize good service over cost, Travelers can be a good choice.

Good customer service means a balance of good claims management, customer engagement and online and offline channels. We scored companies based on the J.D. Power customer satisfaction study and the NAIC customer complaint index. Travelers doesn't have the highest rating but is ranked at the top because of its coverage and stability scores. State Farm has the best customer satisfaction score but fell short on coverages.

Based on an analysis of affordability and service quality for policies that only meet Florida’s minimum coverage requirements, the best companies in Miami are:

• GEICO: MoneyGeek score 78 out of 100 ($578 per year)
• State Farm: MoneyGeek score 74 out of 100 ($889 per year)

Minimum coverage policies are generally the most affordable but have the least coverage. For example, your policy may not fully cover your liability costs and property damage in case of an accident. Additionally, Florida's car insurance requirements are the same regardless of your city.

Generally, a minimum coverage policy only meets the state requirements for car insurance, so it’s much cheaper than a full coverage policy. A good minimum coverage policy provides good customer service, helping you avoid the trade-off between price and quality.

For instance, GEICO is the cheapest company, but State Farm has the best customer satisfaction rating. However, State Farm’s average premium is $889 per year, which is significantly more expensive than GEICO.

The best companies for car insurance for young adults in Miami are:

• State Farm: MoneyGeek score 76 out of 100 ($2,003 per year)
• GEICO: MoneyGeek score 74 out of 100 ($2,088 per year)

State Farm received the highest scores for affordability and customer satisfaction. You can expect the lowest rates and the best service from this company. The best car insurance for young adults should be capable of giving them a wide array of coverages for affordable rates since they’re still new drivers.

Young adults could benefit from affordable rates since their policies tend to be expensive. It’s also good to look for discounts and coverages for students or young drivers.

State Farm is the most affordable company for young adults, but it only has a few coverages. If you’re looking for more protection, you might have a better chance of finding more coverages from Travelers, Allstate, Progressive and Farmers.

The companies offering the best car insurance for teens on a family policy in Miami are:

• GEICO: MoneyGeek score 73 out of 100 ($5,082 per year)
• Nationwide: MoneyGeek score 74 out of 100 ($4,974 per year)

GEICO’s highest scores are for affordability and customer satisfaction. A family plan is an affordable way to get car insurance for teenagers. For instance, a family plan costs $5,082 per year, but getting an individual policy for a teenager costs an average of $11,524 per year.

Car insurance for teens is expensive, so looking for affordable rates and discounts could be a good parameter when shopping for a policy. Good customer service can also make your life easier while ensuring your safety. GEICO has affordable rates and a lot of discounts but only has a few essential coverages. On the other hand, State Farm has a better J.D. Power rating for customer satisfaction, though it’s more expensive.

The best car insurance companies for seniors in Miami are:

• GEICO: MoneyGeek score 75 out of 100 ($1,365 per year)
• State Farm: MoneyGeek score 73 out of 100 ($1,559 per year)

GEICO received the best ratings for affordability and customer satisfaction. It balances cost and quality service, so seniors can avoid the possibility of expensive premiums.

Drivers in their 60s can have the same rates as drivers in their 30s to 50s. Car insurance tends to become more expensive in your 70s. You can shop around and compare rates to find more affordable policies.

Seniors can be considered safe drivers, but they can be at higher risk of injuries during an accident. Finding a policy with personal injury protection (PIP), medical payments coverage or discounts for defensive driving can benefit seniors.

GEICO is an affordable option, but it doesn’t have the best scores for claims satisfaction. Among the companies, you’re more likely to have a better claims experience with Travelers, but it’s more expensive.

The best car insurance for drivers with poor records in Miami are:

• State Farm: MoneyGeek score 76 out of 100 ($747 per year)
• GEICO: MoneyGeek score 66 out of 100 ($747 per year)

State Farm scored the best for affordability and customer satisfaction. You’re most likely to get cheap premiums and good customer service from this company.

Car insurance for drivers with offenses can be more expensive, but the increase in your rates depends on the severity of your offense. For example, a policy costs $3,380 per year for those with DUIs, while it only costs $2,983 per year for those with tickets.

Car insurance for drivers with poor records is expensive, so finding low rates and good discounts is important. State Farm is the most affordable company for drivers with DUIs, though it doesn’t have the best claims management rating. A good claims score could mean a better experience in case of an accident. In Miami, Travelers has the best claims rating, but it costs $3,868 per year.

The best car insurance companies in Miami for drivers with new cars are:

• Travelers: MoneyGeek score 76 out of 100 ($2,326 per year)
• Allstate: MoneyGeek score 49 out of 100 ($2,698 per year)

We scored the companies for this category based on their affordability and customer satisfaction for drivers with a 2022 car model. We limited our choices to companies with better or new car replacement coverage, which helps you get another car in case your vehicle has been totaled. Aside from this coverage, Travelers offers affordable policies and good customer service.

An insurance company should offer a wide range of coverages to protect a driver’s investment in their new car. Travelers offers cheap rates with a lot of coverages, though it doesn’t have the best customer satisfaction score (3.37 out of 5). Allstate has the best satisfaction score (3.45 out of 5), but its affordability score is only 0.94 out of 5.

The best car insurance in Miami depends on your needs and preferences. Here are a few common questions to guide you while shopping for car insurance.