7 Best Car Insurance Companies in Florida

State Farm is featured in J.D. Power's 2020 U.S. Car Insurance Satisfaction Study for Florida, ranking just under the regional average for overall customer satisfaction. Lower-risk State Farm customers could pay between $276 and $564, depending on the coverage limits selected, while higher-risk drivers could pay between $2,527 and $3,196 for maximum coverage. State Farm’s premiums are the cheapest out of all the companies on our list, both for high- and low-risk Florida drivers. It also offers some appealing coverage options for those who collect antique or vintage cars. Discounts: For bundled policies, good students and students away from home, being accident-free, taking a defensive driving course and having vehicles with safety features. Tools: Auto insurance tips & resources blog, a repair facility locator tool and Simple Insights articles on insurance, savings and more. Drive Safe & Save App: Save up to 30% on car insurance by driving safely. The best ways to save money on car insurance are pretty universal, whether you live in Florida or elsewhere in the continental U.S. A rt​icle h​as be​en created by GSA C ontent G enerat᠎or ᠎DE MO!

Drivewise App: Get a discount on your car insurance rate for save driving. Milewise App: Get a lower premium based on how much and how well you drive. While Amica Mutual isn’t featured in J.D. Power's 2020 U.S. Car Insurance Satisfaction Study for the state of Florida, the company has ranked as the top car insurer in New England for eight consecutive years. Low-risk drivers can expect to pay between $1,092 for minimum coverage and $1,440 for maximum coverage with Amica. Meanwhile, higher-risk drivers could expect to pay between $4,827 and $6,036. While these premiums aren’t among the highest on our list, higher-risk drivers should keep in mind that Amica Mutual’s basic coverage option surpasses the state minimum liability requirement and includes rental reimbursement. Additionally, Amica's Advantage Points program lets drivers earn points that they can use to lower their deductibles. Accident Forgiveness/ Good Driving Rewards: Earn advantage points to reduce or eliminate your deductible. This po st h as  be en generat​ed with GSA Content Generator DEMO .

Many insurers offer discounts for signing up for telematics programs plus additional savings based on good driving behavior. Policyholders interested in these programs can sign up by downloading an app on their mobile phones and taking a test drive. But be warned, while this can yield significant savings for safe drivers, it could also increase your rates if you're not among this group. What is the minimum liability insurance requirement in Florida? Florida is one of 12 no-fault states. That means state law requires all drivers to file bodily injury or medical payment claims through their own insurer, regardless of who is at fault in an accident. For this reason, Florida residents and non-residents must show proof of Personal Injury Protection (PIP) and Property Damage Liability (PDL) automobile insurance upon registering their vehicle. All drivers must maintain coverage throughout the vehicle's registration, even if the vehicle is not in use or is inoperable.

Comparison shopping is one of the best ways to ensure you're not paying more than you have to for the car insurance coverage you need. Insurance companies price risk based on their own particular guidelines, so you may be quoted very different prices depending on the insurer, your personal details, and the coverage types and limits you select. Another reason to shop for car insurance quotes is to find discounts and savings opportunities for which you may qualify. Keep in mind that not all discounts are available in all states and that discount amounts may vary by company. The deductible is what you pay out of pocket before your insurer covers a percentage of your claim. On average, a deductible can cost anywhere from $500 to $1,000, although you may find some coverage options don't require a deductible at all. By paying a higher deductible, you take on more financial responsibility for a claim.

The result is a decreased risk of incurring an insured loss for the insurer and a lower premium for you. If you opt for a lower deductible, your premium will likely be higher. However, only choose a high deductible if you're sure it's an amount you can comfortably afford. If you have an older car, consider ditching collision and comprehensive coverage for that vehicle. According to the Insurance Information Institute, if your older car is worth less than 10 times the premium you're paying for it, these two coverages may not be worth the cost. However, if your older vehicle is a classic or collectible, consider getting extra coverage specifically geared for these types of vehicles. Many insurers use credit information to determine car insurance premiums. That's because research has shown that people with poor credit are more likely to be involved in an accident. If or when you're in the market for a new car, consider the value of having a model with good safety features.