Updated: November 11, 2025
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Travelers offers the cheapest car insurance in Miami. GEICO, State Farm, Mercury and Nationwide also provide coverage in the city.
Car insurance in Miami costs an average of $1,613 per year for minimum coverage and $3,786 per year for full coverage.
Travelers also offers the cheapest car insurance in Florida at $618 per year for minimum coverage and $1,343 per year for full coverage.
Adult drivers with GEICO pay Miami's cheapest rates at $816 annually for minimum coverage. Young drivers with Travelers pay $2,021 per year, 147% more than clean-record adults with GEICO.
Senior drivers from GEICO pay $895 annually, slightly higher than adult rates with GEICO. Drivers with a DUI from State Farm pay $1,319 per year, 62% more than clean-record adults with GEICO.
Because rates vary widely in Miami, it’s a great idea to compare quotes that reflect your driver profile.
| Young Drivers | Travelers | $168 |
| Adult Drivers | Travelers | $78 |
| Senior Drivers | GEICO | $75 |
| Drivers With an Accident | Travelers | $106 |
| Drivers With a DUI | State Farm | $110 |
| Drivers With a Speeding Ticket | Travelers | $100 |
| Drivers With Bad Credit | GEICO | $94 |
| Drivers With Newer Cars | Travelers | $54 |
| Drivers With Old Cars | GEICO | $50 |
Travelers offers some of the lowest car insurance rates in Miami, averaging $940 per year for minimum coverage and $2,055 for full coverage, about 42% below the city average. GEICO and Mercury are also competitive, offering minimum coverage at $816 and $1,385 per year, respectively, with nearly identical pricing.
State Farm also serves Miami drivers and may be a good fit for certain profiles. The large difference between the cheapest and average rates shows why it’s important to compare quotes before choosing a provider.
| GEICO | $68 | $217 | -37% |
| Travelers | $78 | $171 | -45% |
| Mercury | $98 | $237 | -25% |
| State Farm | $102 | $214 | -30% |
| Nationwide | $127 | $271 | -12% |
Young drivers pay Miami's highest costs at $2,021 annually with Travelers for minimum coverage. Adult drivers get the best rates at $816 per year with GEICO, saving over 60% compared to young drivers.
Senior drivers from GEICO pay $895 annually, about 10% more than adults. GEICO offers the best rates for adult and senior drivers, while young drivers find better value with Travelers.
Miami’s wide rate gaps by age make it important to compare quotes within your age group.
| Geico | $68 | $816 |
| Travelers | $78 | $940 |
| Mercury Insurance | $98 | $1,179 |
| State Farm | $102 | $1,221 |
| Metropolitan Group | $115 | $1,385 |
Drivers with an at-fault accident in Miami pay about $1,147 per year with GEICO. Speeding tickets raise rates to around $1,195 with Travelers.
DUIs bring the steepest costs, averaging $1,319 per year with State Farm, about 62% higher than clean-record rates. These numbers show that Florida’s already high base rates include much of the risk factor.
While violation penalties in Miami are still costly, they tend to be less severe than in other large cities because of the state’s high starting rates.
| Geico | $96 | $1,147 |
| Travelers | $106 | $1,267 |
| State Farm | $119 | $1,424 |
| Metropolitan Group | $159 | $1,913 |
| Mercury Insurance | $167 | $2,010 |
Travelers tops Miami’s tough insurance market with a MoneyGeek score of 98 out of 100, the highest in the city. The company offers a strong balance of affordable premiums, excellent customer service and few complaints, giving drivers reliable coverage at a fair cost.
State Farm delivers great value too, with competitive rates for adult and senior drivers and solid customer satisfaction. Its large agent network also provides the personal service many Miami drivers prefer.
Both insurers maintain strong reputations despite Miami’s challenging insurance landscape.
| Travelers | 98 | 1 | 1 | 4 |
| GEICO | 91 | 2 | 5 | 7 |
| State Farm | 90 | 3 | 3 | 7 |
| Mercury | 90 | 4 | 4 | 5 |
| Nationwide | 86 | 5 | 6 | 4 |
Excellent claims handling
Wide range of coverage options
Strong discounts for different driver types
Higher rates for drivers with DUIs
Travelers ranks first among Miami insurers for its reliable customer service and flexible coverage choices. The company is known for smooth claims processing and offers plenty of ways to tailor a policy to your needs. Miami drivers benefit from its strong performance across multiple categories, making it a leading option for young drivers, those with newer cars and drivers with prior accidents or tickets.
Low rates for basic coverage
Quick and easy online quote process
Strong mobile app features
Fewer add-on coverage options
GEICO ranks second among Miami insurers for its simple and affordable coverage. It has an easy-to-use website and mobile app that let drivers compare quotes and manage their policies anytime. Senior drivers and those with older cars get some of the lowest rates in the city. GEICO limits its add-on options but still provides dependable, budget-friendly protection.
Car insurance in Miami costs an average of $1,613 per year for minimum coverage and $3,786 per year for full coverage. These rates significantly exceed the Florida state average of $980 for minimum coverage.
GEICO offers rates well below the city average at $816 for minimum coverage. Miami drivers face some of Florida's highest insurance premiums, making thorough comparison shopping absolutely essential for managing costs.
| Full Coverage | $315 | $3,786 |
| Minimum Coverage | $134 | $1,613 |
In Miami, monthly car insurance rates range from $97 to $738 based on your driver category. Check the table below to see rates for your profile.
| Young Drivers | $302 | $738 |
| Adult Drivers | $134 | $315 |
| Senior Drivers | $171 | $407 |
| Drivers With an Accident | $189 | $447 |
| Drivers With a DUI | $185 | $421 |
| Drivers With a Speeding Ticket | $159 | $384 |
| Drivers With Bad Credit | $181 | $371 |
| Drivers With Newer Cars | $105 | $244 |
| Drivers With Old Cars | $97 | $221 |
In Miami, car insurance rates by ZIP code range from $120 to $417 per month. ZIP code 33169 is the most expensive, while 33131 is the cheapest. Check the average rates for your ZIP code on the table below.
| 33169 | $178 | $417 |
After reviewing basic rate factors, see how Miami car insurance costs change when combining key elements like your age and driving record to match your exact profile.
| $113 | $1,352 | 44% |
Miami drivers face some of the highest car insurance rates in Florida, but you don't have to settle for expensive premiums. Our step-by-step guide will show you proven ways to find cheaper coverage while maintaining the protection you need.
Figure out how much coverage you actually need for Miami’s busy roads. Think about your car’s value, your savings and how much risk you’re comfortable taking. Use our car insurance coverage needs calculator to choose coverage that matches your budget and driving habits.
Different policy types can help you save while still meeting your needs. If you don’t drive often, consider pay-per-mile insurance. If you don’t own a car, non-owner coverage is a good option for occasional driving.
Research the average car insurance costs in Miami so you can recognize fair pricing. Factors like traffic and weather risks affect rates, so it helps to compare prices across different ZIP codes in the area.
Maximize your savings with multiple car insurance discount options. Consider bundling multiple policies or getting multi-car discounts. Safe driver programs and defensive driving courses can also reduce your premium.
Price isn’t the only thing that matters when picking an insurer. Review customer service ratings, claims satisfaction and financial strength. It also helps to check how well a company handles Miami-specific challenges like hurricane-related claims.
Request quotes from at least three insurers. Try a mix of local agents, online tools and direct carrier websites. Compare several quotes to find the lowest rates.
Mark your calendar to review your coverage once a year. Both your needs and insurer pricing can change over time. Moving to a new neighborhood, buying a different car or improving your credit score may qualify you for better rates.
Car insurance rates depend on your driving record, credit score and coverage needs. While Travelers and GEICO offer Miami's lowest average premiums, compare quotes from multiple insurers to find your best rate.
Looking for cheap car insurance in Miami? We've researched rates and coverage options from multiple insurers to help you find affordable protection. Our FAQs answer common questions about saving money while getting the right coverage for your needs.
GEICO offers Miami's lowest rates at $816 for minimum coverage, while Travelers provides full coverage at $2,055. Compare quotes as rates vary based on personal factors.
Travelers leads Miami's car insurance providers with a MoneyGeek score of 98 out of 100, scoring seven points higher than GEICO. Travelers excels in both affordability and quality customer service.
Miami drivers pay $3,786 for full coverage and $1,613 for minimum coverage car insurance annually. Your actual rates will vary based on individual factors.
Yes. Miami ranks 611th for minimum coverage affordability and 533rd for full coverage affordability compared to other Florida cities, making it more expensive than average.
To help Miami drivers find the most affordable auto insurance companies, MoneyGeek analyzed auto insurance rates based on data and information from the Florida Office of Insurance Regulation and Quadrant Information Services. We studied all ZIP codes in the city and hundreds of thousands of quotes for 12 companies offering auto insurance in Florida to tailor options as closely as possible to you.
Miami Driver Profile
MoneyGeek created a sample driver profile to calculate car insurance quote averages with the following characteristics:
We adjusted certain factors, such as age, driving record, credit score and military affiliation, to find the most suitable insurance companies for specific driver profiles.
Coverage Levels in Miami
MoneyGeek compared the most affordable insurance providers for minimum and full coverage auto insurance policies.
The minimum coverage requirements in Florida are:
For a full coverage policy, we used the following coverage limits:
Our Best Company Rating Methodology
We rated all companies based on the following rating scale:
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
