Updated: December 24, 2024
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The leading life insurance provider for men is Nationwide, with a MoneyGeek score of 97 and a monthly premium of $19. Similarly, Nationwide tops the chart for women, with a MoneyGeek score of 96 and a monthly premium of $19.
Choosing the right life insurance policy in Florida involves considering various factors, such as premiums, coverage and the insurer's financial stability.
BestLife InsuranceFloridaBest Life Insurance Companies in Florida
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Florida.
Coverage costs and company information for life insurance providers were updated in December 2024.
| Nationwide | 1 | 97 |
| GEICO | 2 | 97 |
| Protective | 3 | 95 |
| Mutual of Omaha | 4 | 94 |
| State Farm | 5 | 94 |
| Allstate | 6 | 93 |
| Transamerica | 7 | 93 |
| Haven | 8 | 91 |
| AAA | 9 | 90 |
| Prudential | 10 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Florida:
Nationwide stands out as the top life insurance provider in Florida, earning the highest MoneyGeek scores for both men and women. Nationwide has a MoneyGeek score of 97 for men and 96 for women, with an affordable monthly premium of $19 for both genders.
The top three life insurance companies in Florida based on MoneyGeek scores are:
As you look to secure your financial future, these Florida life insurance companies offer a blend of stability, affordability and customer satisfaction.
Nationwide emerges as the ultimate choice for the best life insurance in Florida for men, earning an outstanding MoneyGeek score of 97 and a monthly premium of $19.
Pros:
Nationwide is the top choice for life insurance in Florida for women, with a MoneyGeek score of 96 and an affordable monthly premium of $19.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Florida:
Costs are based on quotes gathered for a $250,000 life insurance policy with a 10-year term.
Nationwide has emerged as the company with the best term life insurance in Florida for both men and women, showcasing a commendable MoneyGeek score of 97 for women and men, alongside reasonable monthly premiums of $13 for women and $15 for men.
The top three highest MoneyGeek scores are:
Nationwide, a reputable insurer, is an outstanding choice for the best term life insurance in Florida for men and women due to its impressive MoneyGeek score of 97. With a monthly premium of approximately $15 for men and $13 for women, Nationwide demonstrates a balance of affordability and comprehensive coverage options.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Florida:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
State Farm is the best whole life insurance company in Florida for both men and women, achieving a MoneyGeek score of 99.
The top three State of Florida life insurance providers based on MoneyGeek scores are:
State Farm stands out as the premier choice for the best whole life insurance in Florida, catering to both men and women. It earned an impressive overall MoneyGeek score of 99.
Pros:
Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Florida:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
Nationwide stands out as the premier provider of the best universal life insurance in Florida, offering top-tier policies for both men and women. Nationwide's MoneyGeek score impresses with a remarkable 99 out of 100 for both genders.
The top three highest MoneyGeek scores are:
Nationwide stands out as the preeminent provider of universal life insurance in Florida for both men and women, earning the highest MoneyGeek score of 99.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Florida:
We did not weigh affordability as we did not collect no-medical-exam life insurance quotes. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide is the provider with the highest MoneyGeek score for the best no-medical-exam life insurance in Florida for both men and women, earning a MoneyGeek score of 99.
Consider securing a policy that meets your needs when planning for your future.
With an impressive MoneyGeek score of 99, Nationwide emerges as the top contender for the best no-medical-exam life insurance in Florida, catering to both men and women.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Florida:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 70 for a more accurate estimate.
Nationwide offers the best term life insurance for seniors in Florida, with the top MoneyGeek scores for both men and women. Nationwide's score is 98 for men and 97 for women. The monthly premiums are $55 for men and $51 for women.
Nationwide's blend of affordability, policy diversity, ease of the process and financial stability make it a reliable choice for term life insurance for seniors in Florida.
| Nationwide | 1 | $55 | 98 |
| GEICO | 2 | $49 | 96 |
| Mutual of Omaha | 3 | $58 | 96 |
| Protective | 4 | $54 | 95 |
| Allstate | 5 | $48 | 94 |
| Transamerica | 6 | $55 | 93 |
| State Farm | 7 | $93 | 93 |
| AAA | 8 | $69 | 93 |
| Prudential | 9 | $72 | 92 |
| Haven | 10 | $108 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Florida for people who smoke:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an active smoker for a more accurate estimate.
GEICO stands out as the best term life insurance for smokers in Florida, earning the highest MoneyGeek score of 96 for men and 94 for women. The monthly premium for both male and female smokers is estimated at $32.
For those seeking the best term life insurance for smokers, GEICO's top placement is due to its high satisfaction and stability scores.
| GEICO | 1 | $32 | 96 |
| Nationwide | 2 | $41 | 96 |
| Mutual of Omaha | 3 | $36 | 96 |
| State Farm | 4 | $48 | 95 |
| Prudential | 4 | $34 | 95 |
| Transamerica | 6 | $31 | 94 |
| AAA | 7 | $39 | 93 |
| Protective | 8 | $52 | 91 |
| Allstate | 9 | $48 | 90 |
| Haven | 10 | $63 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Florida for young adults:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 20 for a more accurate estimate.
Nationwide offers the best term life insurance for young adults in Florida, with a MoneyGeek score of 98 for men and women and a monthly premium of $9 for both genders.
This company stands out among the life insurance companies in Florida due to its high satisfaction and stability scores.
| Nationwide | 1 | $9 | 98 |
| GEICO | 2 | $7 | 97 |
| Mutual of Omaha | 3 | $9 | 96 |
| Protective | 4 | $8 | 95 |
| State Farm | 5 | $16 | 95 |
| Allstate | 6 | $8 | 94 |
| AAA | 7 | $10 | 94 |
| Transamerica | 8 | $8 | 94 |
| Haven | 9 | $11 | 93 |
| Prudential | 10 | $14 | 92 |
| Bestow | 11 | $24 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Florida:
We applied the same weighting factors as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
Allstate stands out as the best cheap term life insurance company for women in Florida, with a MoneyGeek score of 97 and a monthly premium of $10, while GEICO earns the top spot for men, with a score of 97 and a monthly premium of $11.
Both companies demonstrate a strong balance of cost-effectiveness and customer service excellence, which are among the biggest contributors to their outstanding MoneyGeek scores.
| GEICO | $11 | 97 |
| Nationwide | $15 | 96 |
| Allstate | $12 | 96 |
| Mutual of Omaha | $14 | 95 |
| Protective | $12 | 95 |
| Transamerica | $13 | 95 |
| AAA | $16 | 92 |
| State Farm | $24 | 89 |
| Haven | $20 | 87 |
| Prudential | $21 | 86 |
The average monthly premiums for life insurance in Florida are $42 for women and $50 for men. Factors impacting these costs include smoking status, medical history and occupational hazards.
Differences in life expectancy and health statistics between genders can influence pricing. Understanding these variables is important when considering the average cost of life insurance.
The top life insurance in Florida for men is from Nationwide. The company is recognized for its reliable coverage and excellent customer service, making it a top choice among life insurance companies in Florida.
The cost of life insurance in Florida varies per person. Nationwide offers a competitive average monthly premium for men seeking FL life insurance at $19.
Nationwide offers the best life insurance in Florida for women. It provides comprehensive coverage tailored to meet specific needs at competitive rates, reinforcing its status as a leading life insurance provider in FL.
Nationwide, which offers the best life insurance in Florida for women, has an average rate of $19 per month. Actual rates for Florida life insurance may differ depending on individual profiles.
In Florida, life insurance policies typically include a clause regarding suicidal death. Benefits are payable after the policy has been active for a specified period, usually two years, to prevent fraud.
Generally, life insurance proceeds are not taxable as income. In Florida, beneficiaries receive life insurance payouts without having to pay state income taxes, ensuring financial support remains intact.
Florida law mandates that a group life insurance policy must cover a minimum of ten members. This regulation helps ensure broader accessibility of life insurance benefits within workplaces.
Life insurance replacement in Florida involves discontinuing an existing life insurance policy or annuity and obtaining a new one with another company, typically to gain better terms or coverage.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.
