Compare the Cheapest Car Insurance Quotes in Fort Lauderdale, FL

Fort Lauderdale has an average annual car insurance cost of $2,491, which is $283 more than Florida’s state average. MoneyGeek's ratings on various insurers in Fort Lauderdale, based on the coverage level and driver profile, found GEICO as the cheapest insurer. MoneyGeek also has recommendations on the city’s best insurers for those looking for other providers that balance quality service with affordability.

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Last Updated: 12/1/2022
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For Fort Lauderdale drivers, GEICO is the cheapest, widely available car insurance option for full coverage and state minimum coverage. If you have a speeding ticket, Allstate has the lowest annual average premium. USAA is by far the least expensive insurance company, although it is only for members of the military and their families. MoneyGeek’s top pick overall, based on a balance of affordability and customer service, is Esurance.

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2022

The Cheapest and Best Car Insurance in Fort Lauderdale

The Cheapest Car Insurance Companies in Fort Lauderdale

In Fort Lauderdale, the two companies offering the cheapest average annual rates for a full coverage policy are:

  • GEICO: $1,572 per year
  • MetLife: $2,276 per year

USAA is the cheapest auto insurance company, but it’s exclusive to current military members, veterans, their spouses and children. The average annual cost of full coverage car insurance from USAA in Fort Lauderdale is $1,075.

GEICO is the cheapest full coverage insurer for most people. When compared with the priciest insurer in the city, Mercury, GEICO charges about 100% less. All rates are for full coverage policies, which include comprehensive and collision insurance. Remember that when you’re looking for full coverage quotes, they’ll change depending on the liability limits you choose.

Cheapest Car Insurance in Fort Lauderdale
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    USAA
    $1,075
  • 2.
    GEICO
    $1,572
  • 3.
    MetLife
    $2,276
  • 4.
    State Farm
    $2,356
  • 5.
    Travelers
    $2,392
  • 6.
    Allstate
    $2,505
  • 7.
    Allied
    $2,580
  • 8.
    Progressive
    $3,091
  • 9.
    Mercury
    $3,153

The average car insurance rates used in this analysis are for our sample driver, a 40-year-old male with a full coverage policy, as explained in our MoneyGeek methodology.

Although a full coverage policy is more expensive than minimum coverage, it offers comprehensive and collision insurance along with the state minimum liability and other required coverages. These will protect you against financial loss if your vehicle is damaged, as follows:

  • Comprehensive insurance: pays to repair non-collision damage to your car
  • Collision insurance: pays to repair damage to your car if you hit another vehicle or a stationary object

If your car is an older model, choosing liability-only insurance or a state minimum policy might be smart financially. That’s because the premiums for full coverage insurance can add up to more than your vehicle’s replacement value.

Compare Car Insurance Rates in Fort Lauderdale

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Cheapest Car Insurance in Fort Lauderdale for Minimum Coverage

The cheapest car insurance is minimum coverage. The most affordable companies for this coverage in Fort Lauderdale are:

  • GEICO: $699 per year
  • Allstate: $1,090 per year

At an average annual rate of $463, USAA is the most affordable option for state minimum coverage. However, only eligible military families are qualified to buy USAA policies. Progressive, the most expensive option, costs $1,177 more than GEICO.

While minimum coverage is the most affordable insurance, it has lower levels of liability coverage and doesn’t include comprehensive and collision insurance. You run the risk of not being fully covered in the event of an accident.

The table below shows how costs vary depending on liability limits.

Cheapest Minimum Liability Car Insurance in Fort Lauderdale
State Minimum

Fort Lauderdale drivers are required to have car insurance that meets Florida’s minimum liability requirements. These include $10,000 in personal injury protection and $10,000 in property damage liability. It’s the cheapest insurance a driver can buy in Fort Lauderdale, but it offers the least protection.

For example, if you cause damage to someone else’s car in an accident, your insurer will cover up to $10,000 in repair costs. Anything above that is your responsibility to pay out of pocket.

Florida Minimum Liability Requirements

  • Item
    Description
  • Property Damage
    $10,000 for property damage. A more protective level is 100/300/100.
  • Personal Injury Protection
    $10,000 per person.

Cheapest Car Insurance in Fort Lauderdale if You Have Driving Violations

Driving violations, such as speeding tickets, at-fault accidents and DUIs, can push your insurance premiums up, sometimes by quite a bit.

The cheapest insurance providers for Fort Lauderdale drivers with violations are:

  • Cheapest after a ticket: Allstate, $2,505 per year
  • Cheapest after an at-fault accident: GEICO, $2,202 per year
  • Cheapest after a DUI: State Farm, $2,550 per year

USAA offers the most affordable policies for all three violations: after a ticket at $1,187; after an at-fault accident $1,399; and after a DUI at $1,957. However, its car insurance policies are exclusive to veterans, current military members and their families.

Improving your driving record over time can help you get cheaper rates, but in the meantime, shopping around is the best way to find cheap car insurance after a violation.

Cheapest Car Insurance in Fort Lauderdale With a Violation
Speeding Ticket

Average Cost of Car Insurance in Fort Lauderdale

Fort Lauderdale$2,491
Florida$2,208
U.S.$1,424

National car insurance rates in the United States cost an average of $1,424 annually. In Fort Lauderdale, drivers pay an annual average insurance premium of $2,491, which is almost 75% higher than the national rate. The average rate in the state of Florida is $2,208, so the rates in the city of Fort Lauderdale are higher than the state average by 12.8%.

Personalized Quotes to Get You the Cheapest Car Insurance in Fort Lauderdale

Even if you have an existing car insurance plan, it is advisable to regularly compare auto insurance quotes to get the cheapest insurance rates available. Annual car insurance premiums depend on the driver’s personal background. For instance, your car model, age, driving history and even your marital status are considered by insurance companies.

Compare Car Insurance Rates in Fort Lauderdale

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

The Best Car Insurance Companies in Fort Lauderdale

MoneyGeek ranked the best car insurance companies in Fort Lauderdale based on average prices, claims ratings and customer satisfaction. The following car insurance companies received the highest rankings based on their MoneyGeek scores:

  • GEICO: 83.2 out of 100
  • Allstate: 63.0 out of 100

USAA was not included in the rankings because policies are only offered to military members and their families. However, the insurer received a MoneyGeek score of 100 out of 100, making it the best car insurance company for military-affiliated drivers.


1
Allstate
Score:100
There are no ratings for this company
Geek Quick Take
Geek Quick Take

Allstate received high scores for customer satisfaction and financial stability. In Fort Lauderdale, the average cost of a policy for a 40-year-old is $2,505 per year. The insurer offers three rare coverages: portable electronics and media coverage, sound system coverage and custom parts coverage.

More About Allstate

With portable electronics and media coverage, the loss of tapes, compact discs and other components related to your car’s sound system is covered. However, for this coverage to apply, you also need comprehensive coverage. This company is a good choice for music-loving drivers, as it also offers sound system coverage. This feature covers your sound system itself, including all parts. Like the portable electronics and media coverage, it requires that you have comprehensive coverage.

Read MoneyGeek's Allstate auto Insurance Review
2
GEICO
Score:83

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

Geek Quick Take
Geek Quick Take

GEICO received a perfect rating for financial stability. The insurer offers one unique coverage option, accident forgiveness. A policy for a 40-year-old driver costs $1,572 on average per year.

More About GEICO

WIth accident forgiveness, the cost of your premium won’t increase after your first at-fault accident. This coverage can be added to your policy if you’re 21 years old or older and you haven’t had an accident for five years. If someone else is covered under your policy, they can also use the accident forgiveness coverage. However, it can only be used once per policy.

Read MoneyGeek's GEICO auto Insurance Review

Average Cost of Car Insurance by Postal Code

Since there are differences in accident rates, crime rates and uninsured drivers depending on where you live, car insurance coverage costs also fluctuate with these factors. Therefore, your ZIP code can affect your car insurance rates. In Fort Lauderdale, drivers from ZIP code 33312 pay an average of $2,393, whereas drivers in the 33313 neighborhood pay around $2,555.

  • Zip Code
    State Minimumper year
  • 33312
    $2,393
  • 33311
    $2,525
  • 33313
    $2,555

Factors That Impact Insurance Costs in Fort Lauderdale

In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Fort Lauderdale. How Fort Lauderdale ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities5th/300
handcuffs2 icon
Most Car Thefts75th/300
uninsured icon
Most Uninsured Motorists by State1st/50
insurance2 icon
Personal Injury Protection RequiredYes
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Most Annual Rainfall3rd/300
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Most Rainy Days30th/300

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.