5 Best Car Insurance Companies in Florida for August 2022

Florida is one of the most beautiful states in America with nice, balmy weather, hundreds of miles of open roads, and lots of shorelines to explore. But before hopping into a car and heading to those white sand beaches, make sure you’re getting the best deal on your car insurance by choosing one of the five best car insurance companies in Florida.

Despite all the perks living in Florida has to offer, car insurance rates in Florida rank in the top three for most expensive car insurance in the entire country. It pays to do your research and compare as many rates as possible using our comparison tool below.

It’s also important to choose a car insurance company that caters to your specific needs, whether you’re an older driver, a homeowner, or have a poor driving history you’re trying to improve.

 

The Best Car Insurance Companies in Florida

5 Best Car Insurance Companies in Florida

Compare Auto Insurance Companies in Florida

Best All-Around Insurance: Progressive

Progressive Insurance is the best all-around car insurance company in Florida for a variety of reasons. Though its average statewide premium isn’t the lowest in Florida, it offers a combination of unique programs and discounts that might get you the most affordable policy possible.

Here are a few examples:

  • Unique Programs: Progressive has two unique programs that help drivers save even more money. It has the Name Your Price Tool, where you share your budget and it tells you what policies fit into it.
  • It also offers the Snapshot program, which has now evolved into an easy-to-use app on your phone that tracks your driving habits. If you are a good driver, you could save significant money on your policy.
  • Accident Forgiveness: Statistically, most drivers will have at least one accident in their lifetimes, and whether it’s a small one or a big one, Progressive offers accident forgiveness if you meet certain criteria
  • Great Discounts: Progressive offers numerous opportunities to receive discounts. It offers loyalty discounts, homeowner discounts, anti-theft discounts, multicar discounts, good student discounts, and even teen driver discounts. (Yes, it is possible to get a discount for your teenage driver.

Customer and Claims Satisfaction: 834 (No. 5 on the J.D. Power Florida Survey)

Financial Strength Rating: A+ (superior)

Statewide Average Premium in Florida: $3,228

Coverage Options:

  • Gap coverage (loan/lease payoff if you owe more than the car is worth)
  • Rental car reimbursement (typically $40 to $60 per day)
  • Custom parts and equipment value
  • Ride-hailing coverage
  • Roadside assistance

Discounts:

  • Name Your Price Tool (enter your desired premium and Progressive will design a policy)
  • Snapshot app ($145 average discount)
  • Bundle auto and property (12% average discount)
  • Multi-policy (5% average discount)
  • Multicar (12% average discount)
  • Small accident forgiveness (your premium isn’t raised for claims of less than $500)
  • Large accident forgiveness (no premium increase in an accident if you have been a customer for a least five years with no accidents for the past three years)
  • Continuous coverage (discount varies)
  • Teen driver (18 or younger)
  • Good student (discount varies)
  • Distant students (more than 100 miles from home — discount varies)
  • Homeowner (average discount nearly 10%)
  • Online quote (7% average discount)
  • Sign online (9% average discount)
  • Paperless (discount varies)
  • Pay in full (discount varies)
  • Automatic payment (discount varies)

GEICO takes top honors for the lowest car insurance premiums in Florida. The company is also ranked second in the state for customer and claims satisfaction, indicating drivers covered by the company are pretty happy with the service.

It’s not hard to see why GEICO has the lowest premiums in Florida. The company offers deeper discounts than just about any other insurance company. Some of its more attractive discounts result in savings of between 20% and 25%.

Customer and Claims Satisfaction: 846 (No. 2 on the J.D. Power Florida Survey)

Financial Strength Rating: A+ (superior)

Statewide Average Premium in Florida: $1,509

Coverage Options:

  • Roadside assistance coverage
  • Ride-hailing
  • Mechanical breakdown
  • Collector vehicles
  • Medical coverage
  • Personal injury protection

Discounts:

  • Multivehicle (25%)
  • Bundling
  • New vehicle (15%)
  • Vehicle safety and anti-theft equipment (up to 23%)
  • Good driver (accident-free for at least five years — up to 22%)
  • Good student (15%)
  • Driver education
  • Federal employees (12%)
  • Members of the U.S. military (15%)
  • Membership in — or employee of — hundreds of groups and employers
  • Customer loyalty

Best Customer Satisfaction in Florida: Allstate

There’s nothing more frustrating than being in a car accident, calling your car insurance company and getting poor customer service. In the most recent 2020 J.D. Power Auto Insurance Study, Allstate claimed the top spot for highest overall customer satisfaction in Florida.

It was closely followed by Esurance on the list, which is unsurprising because Allstate acquired Esurance in 2011. This shows that across all brands, Allstate ranks highly in Florida for customer service satisfaction.

It’s important to remember that while consumers tend to focus on price, other factors contribute to a positive experience with your car insurance company. Even though Allstate does have a higher average premium than Progressive in Florida, its commitment to customer satisfaction in Florida helped the company claim a top spot on this list.

If you’re a low-mileage driver, you may want to consider Allstate’s Milewise plan. It’s designed to base your premium on your actual mileage driven. You’ll pay a daily base rate, plus a per-mile rate.

For example, if your daily rate is $1.50, and your per mile rate is $0.06 — and you drive 20 miles per day — your combined daily rate will be $2.70. That comes to $985 per year, or just $82 per month.

Milewise is only available in 16 states, and Florida is one of them.

Customer and Claims Satisfaction: 851 (No. 1 on the J.D. Power Florida Survey)

Statewide Average Premium in Florida: $4,261

Financial Strength Rating: A+ (superior)

Coverage Options:

  • Accident forgiveness
  • Sound system insurance
  • Roadside coverage
  • Personal injury protection
  • Personal umbrella (covers liability in excess of standard auto policies)
  • Rental reimbursement
  • Classic cars
  • Car insurance for travel to Mexico
  • Ride-hailing coverage

Discounts:

  • New car
  • Multi-policy
  • Smart student
  • Vehicle safety equipment
  • Early signing
  • Responsible payer
  • Smart Student (minimum GPA 2.7)
  • EZ pay plan
  • Paperless (Allstate policy)
  • Pay by automatic withdrawal and/or full payment
  • Drivewise monitoring app
  • Deductible Rewards ($100 reduction in your deductible for each year you’re accident-free, up to $500)