Updated: October 29, 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 $84 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.
These rates reflect the cost of minimum coverage car insurance requirements in Florida as of November 2024.
In Florida, the required minimum amount of car insurance coverage for drivers includes:
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.
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 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.
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 | $1,179 | $98 |
| 30-59 | $1,013 | $84 |
| 60 + | $985 | $82 |
In Florida, the cheapest minimum coverage car insurance comes from:
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.
| Travelers | $657 | $55 |
| GEICO | $687 | $57 |
| State Farm | $694 | $58 |
| Mercury | $926 | $77 |
| Nationwide | $955 | $80 |
| Allstate | $1,003 | $84 |
| Progressive | $1,257 | $105 |
| Farmers | $1,381 | $115 |
| Direct General Insurance | $1,555 | $130 |
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 |
Collision coverage | Repairs to your car after an accident, regardless of fault | Damage due to theft, vandalism or natural disasters |
Comprehensive coverage | Repairs to non-collision damage from events like theft, fire or hail | Damage from a collision or personal injuries |
Towing and labor coverage | Towing and basic roadside assistance labor costs at the site of your vehicle's breakdown | More extensive repairs needed at a garage |
Custom parts and equipment coverage | Safeguards aftermarket enhancements like custom wheels or stereo systems | Original parts that came with your vehicle |
Accidental death coverage | Offers a payout if you or a passenger dies or experiences certain injuries in a car accident | Non-accidental death or injuries |
Classic car insurance | Agreed-upon values for your unique vehicle, tailored for vintage or collector cars | Regular use like your daily commute |
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:
Always adhere to Florida's driving laws to avoid these stiff penalties. Maintaining state minimum coverage is essential for your protection on the road.
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.
Your car insurance policy in Florida may have been canceled for several reasons:
We answered common questions about minimum coverage in Florida to help you understand the car insurance needed to comply with state laws.
The minimum car insurance coverage in Florida includes $10,000 for personal injury protection and $10,000 for property damage liability. Florida doesn't require bodily injury liability for the minimum coverage, though getting additional coverage can provide more comprehensive protection.
Florida requires minimum coverage auto insurance to ensure that drivers can cover the costs of damage or injuries they cause in an accident. This coverage helps protect the policyholder and others on the road from the high expenses of accidents.
While comprehensive insurance isn’t required by law in Florida, it’s valuable for protection beyond the minimum coverage. This policy covers non-collision-related damage, such as theft or natural disasters, providing broader protection and peace of mind.
Driving without insurance in Florida can result in severe penalties, like suspension of your driver's license and vehicle registration and paying a reinstatement fee of $150 to $500. Ensure you have at least the state minimum coverage to avoid these problems and cover costs if you're in an accident. Without insurance, you'll be responsible for paying for the damage, which can be very costly.
About Mark Fitzpatrick
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.
