Updated: December 11, 2025
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Miami drivers can get minimum coverage for as low as $68 per month through GEICO, while Travelers offers the most affordable full coverage at $171 per month or $2,055 annually. These rates apply to drivers with clean records.
Age and driving history affect which providers give you the best price, so comparing quotes from multiple carriers helps you find the most competitive option for your profile.
| Geico | $217 | $68 | -37% |
| Travelers | $171 | $78 | -45% |
| Mercury Insurance | $237 | $98 | -25% |
| State Farm | $214 | $102 | -30% |
| Nationwide | $271 | $127 | -12% |
Statewide, Florida drivers pay $87 for minimum coverage, but Miami residents pay $134 monthly for the same protection. Full coverage follows a similar pattern at $315 versus the state's $205 average. Miami's higher accident rates stem from dense traffic conditions and urban congestion, while vehicle theft targeting specific models drives up claim costs.
The city's exposure to hurricanes and tropical storms also increases the risk of widespread vehicle damage. Get quotes from multiple insurers to find competitive rates despite these urban challenges.
| $315 | $205 |
Read More: The cheapest car insurance in Florida
Miami's car insurance costs differ widely by age, with young drivers averaging $463 monthly across the top five insurers compared to $213 for adults and $262 for seniors. Young drivers pay these high premiums because they lack driving experience and have higher accident rates than older age groups.
Cheapest Miami car insurance by age:
Once drivers establish experience, age matters less for pricing. Adult and senior premiums stay relatively close, showing insurers treat experienced drivers similarly whether they're 40 or 70 years old.
Miami's young drivers pay high insurance costs, with the average hitting $463 monthly compared to just $213 for adults. Travelers offers the most affordable option at $387 monthly or $4,642 annually for full coverage, but even this cheapest rate reflects how insurers view drivers ages 16 to 25 as high-risk due to inexperience and higher accident rates.
Young driver premiums run more than double what experienced drivers pay across the city. Smart shopping pays off for young Miami drivers, who save $206 monthly by choosing Travelers over Metropolitan Group at $593 monthly. Adding young drivers to family policies costs less than separate coverage, but rates stay high until age 25.
Note: Teen drivers must meet Arizona's licensing requirements and may need parental consent for coverage.
| Travelers | $387 | $4,642 |
| UAIC | $406 | $4,868 |
| Geico | $464 | $5,563 |
| State Farm | $467 | $5,606 |
| Metropolitan Group | $593 | $7,111 |
Miami seniors benefit from competitive car insurance rates thanks to their clean driving records and decades of experience, with UAIC offering the lowest premiums at $228 monthly or $2,737 annually for full coverage. While drivers 65 and older often enjoy favorable rates, some insurers make small adjustments for those over 70 due to reaction time concerns. Across Miami's five most affordable insurers, seniors average $262 monthly, just $49 above the $213 that adults pay.
By choosing UAIC instead of Mercury at $342 monthly, Miami seniors pocket $114 in savings each month. Seniors can unlock even more savings through defensive driving courses or low-mileage discounts for driving under 7,500 miles annually.
| UAIC | $228 | $2,737 |
| Travelers | $230 | $2,763 |
| Geico | $250 | $2,998 |
| State Farm | $258 | $3,100 |
| Mercury Insurance | $342 | $4,101 |
Miami's adult drivers between ages 26 and 64 benefit from the area's most competitive insurance rates, with extensive driving experience and statistically lower accident involvement creating the perfect combination insurers reward. Travelers leads with $171 monthly or $2055 annually for full coverage, while the five cheapest providers average $213 monthly for this age group. Adults consistently secure better pricing than any other age category across Miami's insurance market.
Shopping smart means Miami adults can pocket $66 monthly by choosing Travelers over Mercury at $237, the fifth most affordable option. Clean driving records and policy bundling create additional opportunities to slash premiums even further.
| Travelers | $171 | $2,055 |
| State Farm | $214 | $2,573 |
| Geico | $217 | $2,606 |
| UAIC | $222 | $2,669 |
| Mercury Insurance | $237 | $2,848 |
Miami drivers pay much higher rates when violations appear on their records. GEICO provides the most affordable minimum liability coverage for clean drivers at $68 monthly, but rates jump to $100 through Travelers for speeding tickets and $110 through State Farm for DUIs.
Average costs across the city's five cheapest insurers climb from $92 for spotless records to $114 for speeding violations, $129 for at-fault accidents and $126 for DUIs. At-fault accidents push premiums higher because you've proven you can cause property damage or injuries, marking you as a greater risk to insurers.
DUIs create the largest increases by combining reckless behavior with serious legal trouble, placing you in the highest-risk category and often requiring SR-22 filing for license reinstatement. Speeding tickets generate smaller bumps since they signal dangerous driving without actual crash involvement.
| State Farm | $110 | $1,319 |
| Travelers | $117 | $1,407 |
| Geico | $118 | $1,413 |
| AIG | $143 | $1,719 |
| Mercury Insurance | $143 | $1,719 |
The cheapest ZIP code in Miami charges just $120 monthly while the most expensive area (ZIP 33169) costs $417 per month for car insurance. See your ZIP code's rate in the table below.
Miami's most populous neighborhoods (33142, 33135 and 33127) charge $304, $301 and $304 monthly for minimum coverage.
These rate differences reflect local factors like accident frequency, theft rates, population density and uninsured driver percentages. Use the filter above the table to find your ZIP and see what your neighborhood costs.
| 33122 | $123 | $289 |
Miami drivers can find competitive rates and proper coverage by knowing which discounts to pursue and insurers to compare.
Try our car insurance coverage needs calculator for customized advice. This tool analyzes your specific situation to recommend appropriate coverage levels for your Miami driving needs.
Familiarize yourself with types of car insurance options in Miami. Consider pay-per-mile if you drive infrequently or non-owner coverage if you occasionally borrow cars.
Look up average vehicle insurance costs for your specific Miami neighborhood. Understanding local rates helps you identify fair pricing when comparing quotes.
Explore every car insurance discount insurers offer. Consider bundling multiple policies or getting multi-car discounts. You can save with safe driver, student and anti-theft discounts.
Review company ratings and customer feedback for insurance companies serving Miami. Check both financial stability scores and customer satisfaction ratings to ensure reliable service.
Request quotes from multiple carriers in Miami. Getting at least three quotes helps you compare rates and coverage options to find the best value.
Schedule an annual policy review to stay competitive with rates. Your circumstances and available discounts change over time, making yearly comparisons essential for savings.
Want to find affordable coverage in Miami? This FAQ gives you direct answers about available discounts, state regulations and policy options. We'll help you find coverage that fits your budget and meets your needs.
Travelers has the cheapest full coverage in Miami at $2,055 annually ($171 per month), while GEICO offers the lowest minimum coverage at $816 annually ($68 per month). Since personal factors affect your rates, shop around with multiple companies for the best deal.
Travelers ranks first among Miami car insurance providers, earning a MoneyGeek score of 98 out of 100 and outpacing GEICO by seven points. The company performs well in both affordability and customer experience for Miami drivers.
Miami drivers pay $1,608 annually for minimum coverage car insurance and $3,780 for full coverage. Your actual premiums will vary depending on your situation.
Yes, Miami has expensive car insurance, ranking 611th for minimum coverage and 533rd for full coverage affordability among all Florida cities.
Miami drivers pay some of Florida's highest car insurance rates, with premiums varying across the city's ZIP codes. We designed our research to find insurers offering the best rates for Miami's unique urban driving conditions. Read more on MoneyGeek's auto insurance analysis methodology.
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.
