Cheapest and Best Car Insurance Companies in Coral Springs, FL

The cheapest minimum and full coverage auto insurance in Coral Springs is provided by GEICO and State Farm, respectively. Two companies performed best for different driver profiles: State Farm for drivers with records and military drivers and Nationwide for teen drivers.

State Farm emerged as the best overall. Travelers is recognized for best service, and GEICO is the best cheap auto insurance provider in Coral Springs.

Coral Springs residents can find the cheapest minimum coverage auto insurance from these companies:

• GEICO: $680 per year
• State Farm: $792 per year

With estimated annual premiums of $1,768, Direct General Insurance is the most expensive provider for minimum coverage. As of October 2022, State Farm offers the cheapest car insurance in Florida overall, with an average annual rate of $507.

State law determines the liability limits for minimum coverage. The following personal property damage and bodily injury coverages are required in Florida:

• $10,000 in property damage liability
• $10,000 in personal injury protection

The minimum coverage only pays for third-party damages; it does not cover damages to your automobile or you personally. For minimum coverage policies, insurance providers in Florida will only pay $10,000 in property damage liability and $10,000 in personal injury protection.

The following insurance providers offer the cheapest full coverage policies in Coral Springs:

• State Farm: $1,520 per year
• GEICO: $1,723 per year

Direct General Insurance is the most expensive insurer in the city, offering full coverage policies with an average cost of $3,349 per year. As of October 2022, State Farm also offers the cheapest full coverage auto insurance in Florida at $1,058 per year.

Full coverage insurance with collision and comprehensive coverage is a wise option if you want more protection. It can spare you from having to incur significant out-of-pocket costs for damages to your own car.

• Collision coverage: This covers damages from a collision with a barrier (stop sign, mailbox, etc.) or another vehicle.
• Comprehensive coverage: This is for expenses related to damages from theft, vandalism or natural catastrophes.

A full coverage provides more financial security if you were to get into an accident, but it may not be worth the added cost for owners with older vehicles.

In Coral Springs, individuals with driving violations can get the cheapest full coverage auto insurance from the following providers:

• Speeding ticket: State Farm ($1,725 per year)
• At-fault accident: State Farm ($1,880 per year)
• DUI: State Farm ($1,725 per year)

Direct General Insurance has the highest rates for drivers with an at-fault accident at $4,668 per year, while GEICO is the most expensive for drivers with a speeding ticket at $3,428 annually. Meanwhile, Nationwide has the most expensive rates at $4,451 per year for drivers with DUI offenses.

Driving violations significantly increase the cost of your insurance. As such, insurers that typically offer cheap rates to policyholders with clean driving histories may not necessarily offer cheap rates to those with poor driving records.

Depending on the severity of the driving offense, the cost of your insurance will increase. Compared to those with clean driving histories, drivers with a speeding ticket will pay $545 more, while those with a DUI offense will pay $980 more for car insurance. Through research, drivers with bad driving records can find cheap auto insurance.

In Coral Springs, teen drivers and their families can get the cheapest car insurance from the following providers:

• Nationwide: $4,654 per year for female teens; $5,242 per year for male teens
• State Farm: $5,376 per year for female teens
• Allstate: $6,395 per year for male teens

Progressive offers the most expensive rates for female teens at $7,287 per year, while Travelers costs the most for male teens at $7,531 annually. Since male teens are statistically riskier to insure, they typically pay more than female teens for car insurance. However, this cost difference tends to decrease as teens approach early adulthood.

Adding a teen to a family policy is significantly less expensive than purchasing an individual policy. On average, 16-year-old male teens in Coral Springs save $4,940 per year by joining their family’s policy rather than buying an individual policy. While insurance for teen drivers tends to be more expensive, families can still find cheap car insurance for teens by shopping around.

Active-duty and former military personnel and their families can get the cheapest full coverage auto insurance from the following providers in Coral Springs:

• State Farm: $1,520 per year
• GEICO: $1,723 per year

USAA, while not included in our ranking, is another excellent option. Its policies are only available to military-affiliated drivers.

For minimum coverage, GEICO offers the cheapest car insurance for military drivers at $680 annually. State Farm has the second-cheapest rates at $792 per year.

It can take up to 15 minutes to input the personal information required to obtain a car insurance quote online. Fortunately, MoneyGeek’s calculator streamlines the process for you, providing an approximate rate based on your age, coverage level, vehicle type and driving record.

Depending on your needs, the best auto insurer for you in Coral Springs will vary. MoneyGeek’s top picks in Coral Springs for car insurance are:

• Best overall: State Farm (MoneyGeek score of 76 out of 100)
• Best for service: Travelers (MoneyGeek score of 60 out of 100)
• Best cheap: GEICO (MoneyGeek score of 78 out of 100)

A company’s total MoneyGeek score may vary by category based on how factors (affordability, customer service, etc.) were weighted.

In addition to being the best car insurer in Coral Springs, State Farm is also the best car insurance provider in Florida. Military members may find the best insurance with USAA, a provider that exclusively caters to military drivers and their families.

The following insurers offer the best full coverage car insurance policies in Coral Springs:

• State Farm: MoneyGeek score of 76 out of 100 ($1,520 per year)
• Travelers: MoneyGeek score of 72 out of 100 ($1,864 per year)

Typically, insurers that charge less provide poor customer service. However, out of the nine companies we analyzed, State Farm has the best ratings for both affordability and customer satisfaction.

Our analysis showed that the following auto insurers offer the best customer service, irrespective of cost, in Coral Springs:

• Travelers: MoneyGeek score of 60 out of 100 ($1,864 per year)
• State Farm: MoneyGeek score of 58 out of 100 ($1,520 per year)

Of the nine insurers we evaluated, Travelers has the third-highest marks for customer service and offers a fair amount of coverage options.

The best cheap auto insurance in Coral Springs was determined by MoneyGeek's research of policies that meet Florida's minimum coverage requirements. The following companies emerged as the top options:

• GEICO: MoneyGeek score of 78 out of 100 ($680 per year)
• State Farm: MoneyGeek score of 74 out of 100 ($792 per year)

Minimum coverage car insurance may cost less, but it only provides limited liability protection if you get in an accident. It also won’t cover any collision-related damages.

Car insurance in Coral Springs costs an average of $2,141 per year, which is higher than the average cost of car insurance in Florida at $1,935 as of October 2022. The national average cost of car insurance — $1,265 — is significantly lower than the cost at both the city and state levels. These rates apply for full coverage insurance with property damage liability limits of $100,000 per accident, $300,000 per person and $100,000 per person for bodily injury liability. Location is only one of many factors that affects the cost of insurance.