Cheapest Car Insurance in Florida: Best Insurers for 2026

The cheapest car insurance company in Florida depends on your driver profile and the coverage you need. Use our analysis to find the cheapest insurers for the coverage and policy add-ons that you need, rather than just choosing the cheapest coverage available, because it may not cover enough of your liability costs to keep your assets safe.

*Source: MoneyGeek quote analysis, October 2026. Florida rates with accidents, tickets or bad credit assumed full coverage with 50/100/50 in liability protection and 100/300/50 for DUIs. Teens and Senior drivers rates reflect full coverage and 100/300/100 liability coverage.

GEICO offers the cheapest policy with 100/300/100 full coverage car insurance at $163 per month, $2 less than Travelers and $56 less than the Florida average. For $2 more per month, Travelers is a better value option for drivers who want new car replacement and comparable accident forgiveness to GEICO. For only $5 more per month, State Farm gives you a stronger local agent experience compared to GEICO's primarily digital experience, but it lacks features like new car replacement and accident forgiveness. State Farm does offer “Payoff Protector,” which pays off your car if it's totaled or stolen. That's a valuable feature if you lease or finance your car.

If you only need liability coverage, GEICO has the cheapest Florida minimum coverage policy at $42 per month, but Travelers and State Farm are only $1 to $3 more per month and offer a more personal agent experience. For higher liability limits of 50/100/50, State Farm is the cheapest at $81 per month, but it lacks coverage features that GEICO and Travelers offer, such as accident forgiveness.

The nine most expensive cities in our analysis are all in South Florida, where hurricane risk and claim frequency push rates up by up to 2.2 times compared to northern and inland cities. For example, full coverage rates in Gainesville are $139 per month, compared to $268 per month in Miami. Most cities on the southern coast are expensive due to weather risk. Larger metro areas like Miami cost more due to higher collision rates and theft. GEICO, Travelers and State Farm have the cheapest rates in all 20 Florida cities we analyzed; GEICO is the cheapest in 11 of them.

• Miami: GEICO is the cheapest at $268, 22% above the $219 state average.
• Jacksonville: State Farm is the cheapest at $178, 19% below the state average.
• Tampa: Travelers is cheapest at $237, 8% above the state average.
• Orlando: State Farm is cheapest at $178, 19% below the state average.
• Cheapest city: Cape Coral, where GEICO charges $136, 38% below the state average.
• Most expensive city: Pompano Beach, where GEICO charges $301, 37% above the state average.

For families adding a teen driver to their policy in Florida, GEICO is the cheapest for 16-year-olds on average at $339 per month. State Farm, at only $6 more per month, is the lower rate if your student has a B or better grade point average, because it offers a student discount of up to 25%. Our analysis found that actual savings vary, averaging about 17%. That makes State Farm cheaper than GEICO in this case.

By age 18, State Farm is the cheapest option at $259, $9 cheaper than Travelers and $24 less than GEICO. State Farm becomes the most affordable option once you add the good student discount, and it also gives you access to local agents for more complex family policy issues.

*Rates based on adding a driver to a 100/300/100 full coverage policy across Florida ZIP codes. Florida allows males and females to have different rates, but our analysis shows a modest rate reduction for teen females of about 3% compared to males.

GEICO offers seniors the cheapest rates for 100/300/100 full coverage at $159 per month for those age 65 and $169 for those age 75. These rates are $8 to $11 cheaper per month than the next cheapest insurer, Travelers. 

Under Florida Statute 627.0652, drivers 55 and older who complete a state-approved driving course get a three-year discount on the liability, PIP and collision portions of their insurance premium. The discount ranges between about 3% and 15%. We dug into the Florida state filings and found that State Farm had an average discount of 5%, GEICO was 6% and Travelers was 7%. This makes GEICO the cheapest option after discounts for seniors.

Our analysis shows that Florida rates increase by roughly 30% to 50% after a speeding ticket or at-fault accident, and nearly double after a DUI. Here are the cheapest full coverage rates in Florida by violation type:

• Cheapest after a speeding ticket: $173 per month with GEICO, $3 per month less than State Farm and $6 less than Travelers.
• Cheapest after an at-fault accident: $181 per month with Travelers, $14 less than GEICO.
• Cheapest with a DUI: $288 per month with UAIC, $2 less than Travelers.

After a violation, many drivers struggle to find affordable car insurance in Florida. While the cheapest rate matters, keep the coverage you need and consider features like accident forgiveness rather than chasing the lowest price alone.

*Speeding ticket and at-fault accident rates are for full coverage with 50/100/50 liability. DUI rates use the 100/300/50 limits required under an FR-44 filing.

UAIC (United Automobile Insurance Company) specializes in drivers with lower credit scores and has the cheapest bad-credit car insurance rate in Florida at $295 per month for 50/100/50 full coverage, 22% below the state average. GEICO and Progressive are the next-cheapest at $305 per month each.  

Insurance is more challenging to buy with a lower credit score, and UAIC makes it available to more drivers with bad credit. Choosing this insurer for the lower rate comes with trade-offs. UAIC scored 3.7/5 overall, mostly due to a higher-than-average complaint score from NAIC: 2.6 compared with 1.0.