Florida Minimum Coverage Car Insurance: Requirements and Costs (December 2024)


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Florida requires drivers to have at least $10,000 in property damage liability and $10,000 in personal injury protection to meet the state's minimum car insurance requirements. As a no-fault insurance state, this coverage is necessary for legal driving.

For drivers seeking the cheapest car insurance in Florida, the average cost of minimum coverage is $85 per month. Understanding these costs helps with budget planning while ensuring compliance with state regulations.

Why Trust MoneyGeek? We analyzed data from Quadrant Information Services and the Florida Office of Insurance Regulation to provide the most accurate cost data for various Florida drivers.

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These rates reflect the cost of minimum coverage car insurance requirements in Florida as of December 2024.

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Florida Minimum Coverage Car Insurance Requirements

In Florida, the required minimum amount of car insurance coverage for drivers includes:

  • $10,000 for property damage liability per accident
  • $10,000 personal injury protection per person

Florida is a no-fault state, meaning your insurance covers your damage after an accident up to your policy limit, regardless of fault. This system can impact premium costs and aims to reduce lawsuits as drivers file claims with their own insurers.

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ARE COLLISION AND COMPREHENSIVE COVERAGE REQUIRED IN FLORIDA?

Florida doesn't require drivers to carry collision or comprehensive insurance as part of its state minimum coverage. However, lenders often mandate any Florida motorist financing or leasing a vehicle to maintain collision and comprehensive insurance to protect their investment. Without these coverages, damage from accidents, theft or natural disasters would not be covered, posing a financial risk.

In Florida, collision and comprehensive coverage are optional if you own your vehicle outright, but those with leased or financed cars must carry these protections.

What Does Minimum Coverage Cover?
What Liability Insurance Covers
What Liability Insurance Doesn't Cover

Injuries to others if you're at fault in an accident

Your injuries

Damage to another person’s property if you're at fault in an accident

Damage to your car

Some coverage for injuries caused by uninsured/underinsured drivers, depending on your policy

Property damage caused by uninsured/underinsured drivers unless additional coverage is purchased

Repairs for weather-related accidents or if you were hit by an animal

The table reflects Florida's minimum car insurance requirements, including bodily injury and property damage coverage. Remember, the specific details of your coverage depend on your policy's terms and conditions.

Average Cost of Minimum Coverage Car Insurance in Florida

Age is a significant factor in determining minimum car insurance rates. In Florida, drivers aged 22 to 29 typically face the highest premiums due to inexperience and a higher risk of accidents.

The table below shows Florida's average minimum coverage cost by age, highlighting how age impacts premiums to help you find affordable options.

22-29$1,185$99
30-59$1,018$85
60 +$990$82

Cheapest Companies for Minimum Coverage Car Insurance in Florida

In Florida, the cheapest minimum coverage car insurance comes from:

  • Travelers: $657 per year; $55 per month
  • GEICO: $687 per year; $57 per month

Affordable insurance matters, but it’s also important to choose coverage that fits your needs. Knowing the best car insurance options in Florida can help you decide wisely.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Travelers$657$55
GEICO$687$57
State Farm$694$58
Nationwide$955$80
Mercury$972$81
Allstate$1,003$84
Progressive$1,257$105
Farmers$1,381$115
Direct General Insurance$1,555$130

Optional Add-On Coverages in Florida

In Florida, optional add-on coverages include collision, comprehensive, uninsured motorist, medical payments, rental car reimbursement and towing and labor. These coverages offer financial protection beyond minimum coverage, covering costs from vehicle damage to medical expenses, irrespective of fault.

Considering the benefits they provide, understanding how much car insurance you need can ensure you're adequately protected.

Add-On Coverage
What It Covers
What It Doesn't Cover

Uninsured/Underinsured motorist coverage

Medical expenses, lost wages and repair costs if you're hit by a driver with no or insufficient insurance

Damage to your vehicle if you're at fault or damage that exceeds policy limits

Personal injury protection (PIP)

Medical expenses, lost income and funeral costs for you or your passengers regardless of who's at fault

Vehicle damage or injuries to the other driver

Roadside assistance

Services like towing, flat tire changes and jump-starts when your car breaks down

Cost of parts or repairs needed after the tow

Gap insurance

Pays the difference between your car's current value and what you still owe if it's totaled or stolen

Vehicle depreciation or overdue loan payments

Rental car reimbursement

The cost of a rental car while your vehicle is being repaired after a covered event

Fuel, insurance or other rental extras

Penalties for Driving Without Insurance in Florida

The cost of a ticket for driving without insurance in Florida varies based on whether it's a first or subsequent offense. Penalties escalate for those with a history of uninsured driving. For a first offense, you can expect a fine and vehicle-related sanctions. If caught again, the penalties become harsher, including higher fines and longer restrictions on vehicle use.

Additional penalties for driving without state minimum coverage in Florida may include:

  • Vehicle impoundment: Your vehicle may be held somewhere, so extra fees may be added to retrieve it.
  • Suspension of vehicle registration: The state may suspend your car's registration.
  • License suspension: Your driving privileges may be removed temporarily.
  • Requirement to file an SR-22 form: You could be mandated to carry this certificate as proof of future financial responsibility.

Always adhere to Florida's driving laws to avoid these stiff penalties. Maintaining state minimum coverage is essential for your protection on the road.

What to Do if Your Policy Is Canceled

If your car insurance policy is canceled in Florida, immediately seek new insurance to maintain coverage because driving without insurance is illegal. Without delay, either renegotiate with your agent or find a new insurer. The Florida Highway Safety and Motor Vehicles (FLHSMV) will be notified of your lack of insurance and may suspend your license.

If you're struggling to find coverage due to a canceled policy, you can look into the Florida Automobile Joint Underwriting Association (FAJUA), a plan available to drivers who can't get insurance in the standard market. To drive legally in Florida, you need to have at least the minimum car insurance coverage.

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WHY WAS MY POLICY CANCELED?

Your car insurance policy in Florida may have been canceled for several reasons:

  • Non-payment: The insurance company can cancel your policy if you miss paying your premium.
  • Fraud: Providing false information or lying about your application can lead to cancellation.
  • License suspension: Your policy can be canceled if you lose your driving privileges.
  • High risk: Being labeled a high-risk driver due to multiple traffic violations or accidents can terminate the policy.
  • Policy violation: Failure to follow the terms of your insurance policy, such as failing to report a new driver, can result in cancellation.

FAQ: Florida Minimum Coverage Car Insurance

We answered common questions about minimum coverage in Florida to help you understand the car insurance needed to comply with state laws.

What is the minimum car insurance coverage in Florida?

Why does Florida require minimum automobile liability coverage for motorists?

Do you need comprehensive insurance in Florida?

What happens if you drive uninsured in Florida?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.