Cheapest and Best Car Insurance Companies in Fort Lauderdale, FL

State Farm is the cheapest company for full coverage policies, military drivers, those with speeding tickets and drivers with DUIs. GEICO is the most affordable company after an accident, and it’s also the best for minimum coverage. Nationwide is the cheapest for teens, and Travelers has the best customer service.

The best insurer for you will vary based on your unique needs and driver profile.

The cheapest car insurance companies for a minimum coverage policy in Fort Lauderdale are:

• GEICO: approximately $610 per year
• State Farm: approximately $726 per year

The most expensive company is Direct General Insurance, with an average premium of $1,727 per year. GEICO has the cheapest minimum car insurance in Florida, where it costs $485 per year for minimum coverage as of October 2022. Despite being in the same state, the cost of coverage varies depending on the city.

Minimum coverage policies only include bodily injury liability and property damage liability. These policies must include the following in accordance with Florida law:

• $10,000 property damage liability per accident
• $10,000 personal injury protection

Liability coverage pays for the expenses of the victim or the repairs of your vehicle in case of an accident. In Florida, the law only requires property damage, which means only the costs of repairing your vehicle are covered for up to $10,000. If you get minimum coverage, you’ll be responsible for any expenses over that limit.

The cheapest car insurance for a full coverage policy in Fort Lauderdale are:

• State Farm: approximately $1,478 per year
• GEICO: approximately $1,646 per year

The most expensive company is Direct General Insurance, at around $3,247 per year. The cheapest full coverage car insurance in Florida is also from State Farm, with an average premium of $1,058 per year as of October 2022. This shows how rates can differ based on your location.

Collision and comprehensive coverage are included in full coverage policies. These cover the cost of repairs or replacements in case of an accident:

• Collision insurance: When you are at fault in a collision between your car and another vehicle or an object, this coverage helps you financially.
• Comprehensive Insurance: This insurance applies even when you’re not at fault.

Full coverage insurance may not be a good option for old cars since they have rates that might be worth more than the value of your car.

The cheapest car insurance companies after driving violations in Fort Lauderdale are:

• Speeding ticket: State Farm (approximately $1,671 per year)
• At-fault accident: GEICO (approximately $1,817 per year)
• DUI: State Farm (approximately $1,671 per year)

On average, the most expensive companies are GEICO after a speeding ticket ($3,287 per year), Direct General Insurance after an at-fault accident ($4,520 per year) and Nationwide after a DUI ($4,306 per year). Past violations might result in higher car insurance rates, making your coverage more expensive than that of drivers without these offenses on their records.

Your premiums may increase based on your driving offense. Your annual premium can increase by $1,031 after a DUI, but it will only increase by $587 after a speeding ticket.

Drivers with violations are viewed by insurers as high-risk individuals who are more likely to file claims. Premiums can be much higher as a result, but this isn't always the case. The cheapest car insurance if you have a bad driving record will depend on your violation.

The cheapest car insurance companies for teens on a family policy in Fort Lauderdale are:

• Nationwide: approximately $4,462 per year for girls and $5,025 per year for boys
• State Farm: approximately $4,867 per year for girls
• GEICO: $5,849 per year for boys

On average, the most expensive companies are Farmers for girls ($7,365 annually) and Travelers for boys ($7,793 yearly). Insurers see boys as higher-risk drivers than girls, so boys' premiums might be more expensive than those of girls. For example, the annual premium for boys is $563 more expensive than for girls if they choose to be insured by Nationwide.

Teens may pay more for individual insurance, but they can save thousands of dollars when they are covered by their parent's policy. A 16-year-old boy's car insurance in Fort Lauderdale costs around $4,940 more if they get their own coverage instead of being on their family policy. The best approach to get the cheapest car insurance for teens is to add them to the family policy.

The cheapest car insurance for military drivers and their families in Fort Lauderdale are:

• State Farm: approximately $1,478 per year
• GEICO: approximately $1,646 per year

GEICO offers the cheapest minimum coverage policy for military drivers, at around $610 per year. State Farm is also an affordable option, with an average premium of $726 per year.

Military members may also want to consider USAA since it caters to those in the military and their families.

Insurers in Fort Lauderdale, Florida, may allow you to acquire car insurance quotes through their websites. It could take about 15 minutes, and they might ask for a lot of personal information. If you have to do this for multiple insurers, it can be extremely time-consuming.

MoneyGeek created a car insurance calculator to help you get an estimate of your premiums. Just enter your age, car type, level of coverage and driving record.

Different factors, such as cost, service quality and coverage options, may affect the best car insurance for you. The best ones in Fort Lauderdale, Florida, are:

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

Scores for individual companies may vary, as factors are weighted differently in each category. The best car insurance in Florida is also State Farm.

The best overall companies for car insurance in Fort Lauderdale are:

• State Farm: MoneyGeek score 76 out of 100 (approximately $1,478 per year)
• GEICO: MoneyGeek score 72 out of 100 (approximately $1,646 per year)

State Farm scored the best for affordability and customer satisfaction. Not only does it offer the lowest rates, but it also gives the best customer service compared to its competitors.

The best companies for customer service in Fort Lauderdale are:

• Travelers: MoneyGeek score 60 out of 100 (approximately $1,916 per year)
• State Farm: MoneyGeek score 58 out of 100 (approximately $1,478 per year)

This company ranked well for customer satisfaction and coverage options. It has reasonable rates while providing excellent customer service, so you can get great support for an excellent rate.

After analyzing affordability and customer service for minimum coverage policies, we found that the best companies in Fort Lauderdale are:

• GEICO: MoneyGeek score 78 out of 100 (approximately $610 per year)
• State Farm: MoneyGeek score 74 out of 100 (approximately $726 per year)

Minimum coverage policies are significantly cheaper than full coverage because they offer very limited protection. These policies often offer the least amount of coverage for liability and property damage. As a result, the costs of your responsibilities to injured persons and your repairs for car damage will not be covered.

The average cost of car insurance in Fort Lauderdale is $2,104 per year, based on a full coverage policy with $100,000 bodily injury liability per person, $300,000 in bodily injury liability per accident and $100,000 in property damage liability per accident. It’s $168 more than the cost of car insurance in Florida and $839 cheaper than the cost of car insurance in the U.S. as of October 2022.

Keep in mind that location is one of multiple factors that impacts the price of car insurance.