If you’re thinking about moving from Florida to New York, keep in mind that the two states mandate different car insurance coverages and limits. For instance, Florida doesn’t require bodily injury coverage, but New York does. New York also requires personal injury protection (PIP) and uninsured motorist coverage in its car insurance policies.
In this guide, MoneyGeek breaks down the differences between car insurance laws and requirements in Florida vs. New York. We also analyzed insurance costs to find the cheapest companies for your needs.
- I want to compare car insurance laws in Florida vs. New York
- I want to see the cheapest insurance companies in Florida vs. New York
- I want an analysis of how and why car insurance costs differ in Florida vs. New York
- I want to see how car insurance costs differ by city
- I’m moving between Florida and New York, what should I know?
Car Insurance Laws in Florida vs. New York
Florida car insurance laws only require property damage liability and PIP in a minimum coverage policy. On the other hand, New York’s car insurance laws require 25/50/10 in liability limits along with PIP and uninsured motorist coverage. As a result, car insurance in New York is much more expensive than car insurance in Florida. Florida drivers pay approximately $1,123 per year for a policy, whereas New York drivers average $2,278 on auto insurance.
Florida Requirements
- $10,000 property damage liability per accident
- $10,000 personal injury protection per person
New York Requirements
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $10,000 property damage liability per accident
- $25,000 uninsured/underinsured motorist coverage per person
- $50,000 uninsured/underinsured motorist coverage per accident
- $50,000 personal injury protection per person
- $50,000 liability for death per person
- $100,000 liability for death per accident
How Are Car Insurance Laws Enforced in Florida and New York?
Both Florida and New York are no-fault states. This means that you must file a claim with your insurance provider after an accident, regardless of who was at fault. No-fault states require drivers to have PIP coverage as part of their car insurance policies. This ensures you’re financially covered after an accident, but it may raise your premiums.
Cheapest Car Insurance Companies in Florida vs. New York
According to our research, here are the cheapest insurance companies by average minimum coverage policies in Florida and New York:
- Cheapest in Florida: GEICO ($590 per year)
- Cheapest in New York: GEICO ($1,092 per year)
For eligible military members and their families, the most affordable option is USAA, with policies averaging $406 in Florida and $902 in New York.
Although GEICO is the cheapest insurer in both states, its policies are far more expensive in New York than Florida. This shows that rates can vary widely from state to state.
Cheapest Car Insurance Companies in Florida
Company | Annual Rate | |
---|---|---|
1. | $406 | |
2. | $590 | |
3. | $1,034 | |
4. | Allied | $1,056 |
5. | $1,085 | |
6. | $1,120 | |
7. | $1,356 | |
8. | $1,564 |
Cheapest Car Insurance Companies in New York
Company | Annual Rate | |
---|---|---|
1. | $902 | |
2. | $1,092 | |
3. | $1,133 | |
4. | $1,270 | |
5. | $1,531 | |
6. | $1,714 | |
7. | $1,736 | |
8. | New York Central Mutual Fire | $2,063 |
9. | $2,110 | |
10. | $3,316 | |
11. | $5,352 |
In Florida and New York, GEICO offers the cheapest policies at roughly $590 per year and $1,092 per year, respectively. However, these are only for minimum coverage. Your actual rate will differ based on location, coverage level, age, driving history and more. MoneyGeek created the following guides to help you find the most affordable options in your state:
Compare Insurance Rates
Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.
Average Cost of Car Insurance in Florida vs. New York
Coverage level is one of the factors that will influence the cost of your insurance. For instance, drivers with a minimum coverage policy pay an average of $1,123 per year in Florida and $2,278 in New York. Meanwhile, drivers with full coverage policies pay roughly $2,208 per year in Florida and $3,433 in New York.
Average Cost of Car Insurance in Florida vs. New York
Driver | Florida Annual Premium | New York Annual Premium |
---|---|---|
Minimum Coverage | $1,123 | $2,278 |
Full Coverage | $2,208 | $3,433 |
Adding a Young Driver | $4,913 | $9,285 |
Drivers With a Violation | $2,902 | $4,287 |
Drivers With Poor Credit | $4,194 | $10,640 |
Why Are Car Insurance Rates More Expensive in Florida vs. New York?
There are many reasons car insurance in one state can be more expensive than in another — it’s impossible to pin the cause on just one factor.
For instance, Florida has higher highway density (meaning more crashes) and more uninsured drivers than New York, resulting in costlier insurance. This can be true even if New York has more expensive policies for minimum and full coverage insurance according to state averages.
Car Insurance Costs by City in Florida vs. New York
Car insurance rates can range widely depending on where you live within a state.
Gainesville is the cheapest city for state minimum insurance (averaging $693 per year) in Florida, whereas Hialeah is the most expensive ($1,461 per year). As for New York, you’ll pay the cheapest rates if you live in Rochester ($715 per year), but the most expensive rates if you live in New York City ($2,732 per year).
Car insurance requirements don’t vary in a given state, so it’s most likely that living in more densely populated areas affects your rate.
Car Insurance Costs by City in Florida
City | Average Annual Rate |
---|---|
$813 | |
$1,054 | |
$1,214 | |
$1,157 | |
$1,277 | |
$693 | |
$1,461 | |
$1,248 | |
$869 | |
$846 | |
$1,334 | |
$1,390 | |
$1,107 | |
$964 | |
$853 | |
$1,094 | |
$1,208 | |
$932 | |
$1,086 | |
$738 | |
$1,288 | |
$1,338 |
Car Insurance Costs by City in New York
Moving Between Florida and New York? What to Know
When moving from Florida to New York or vice versa, you’ll have to update your driver’s license and registration. You may be able to stay with your current insurer if it can still provide you with adequate coverage. However, your rate may change based on your new state's risks and coverage requirements.
If you do need to shop for a new insurer, MoneyGeek has resources you can use to find an option that best meets your driving profile.
Use MoneyGeek’s car insurance calculators for Florida and New York
MoneyGeek’s Florida car insurance calculator or New York car insurance calculator will quickly estimate how much a policy costs in each state.
Learn about car insurance for high-risk drivers in Florida and New York
High-risk drivers tend to pay higher insurance rates or face rejection from certain insurance carriers. Moreover, those in Florida must file an SR-22 form for serious driving offenses, such as driving under the influence of drugs or alcohol (DUI).
Figure out your options for temporary car insurance in Florida and New York
Although most policies last a minimum of six months, there are ways to get temporary car insurance in Florida or temporary car insurance in New York if you’re only in the state for a short period.
If you’re a low-income driver, see if Florida or New York offer car insurance programs
Since neither state offers low-income programs for car insurance, you can still save money by searching for low-income car insurance in Florida or low-income car insurance in New York instead.
FAQs About Florida and New York Car Insurance
Car insurance laws and prices often differ from state to state. MoneyGeek answers some frequently asked questions to help you better understand the differences between car insurance in Florida vs. New York.
Methodology
To calculate average car insurance rates by company and across Florida and New York, MoneyGeek collaborated with Quadrant Information Services to collect auto insurance quotes across both locations. We used a sample profile for a 40-year-old driver with a clean driving record and minimum coverage unless modified by criteria like coverage level, age, driving offenses and credit score. Learn more about how costs are calculated in our MoneyGeek car insurance methodology.
Minimum car insurance requirements by state were sourced from the department of motor vehicles (DMV) of the respective state.
About Mark Fitzpatrick

sources
- Insurance Information Institute. "Background on: No-Fault Auto Insurance." Accessed April 7, 2022.