If you live in Florida, chances are that you drive everywhere. If you drive a lot, it only makes sense to have car insurance. Getting car insurance can be expensive and a lot of factors can affect your rate like your prior driving history. Other factors that can affect your Florida Car Insurance rate are the kind of coverage that you are settling for, prior accident records, age, experience, relationship status, and credit score just to name a few. Also, you have to ask yourself if you wish to settle for a minimum coverage auto insurance policy or full coverage auto insurance policy. Another item that car drivers in Florida are not commonly aware of is the effect of your current and previous zip code on your car insurance quote. If you live in Florida and income is a major deciding factor when it comes to selecting your insurance policy, then it helps to know which company offers the best rate for the kind of car insurance policy that you are looking for.
Florida is one of the states that was impacted the most by Covid in 2020, and this affected how people commute to work with the increase in remote work. Now that Covid appears to be winding down, people are getting back on the road, and for the ones who own a vehicle or are planning to purchase, lease, or finance a vehicle, one item you need to keep in mind is the cost of insurance. From online research that was conducted, Geico, State Farm, Progressive, Allstate, and Direct Auto are some of the cheapest auto insurance companies in Florida in 2021.
Some of the Florida auto insurance companies offer more benefits for certain auto insurance buyers than others. In this article, we will dive into some of these companies that are offering affordable auto insurance in 2021 to drivers in Florida and how some of your pre-existing conditions may affect your rate.
Auto Insurance Company profile breakdown 2021
Geico Auto Insurance Florida
| Geico Customer Reviews | 1,500+ Reviews with an average of 3.8 out of 5 stars rating |
|---|---|
| Geico Year over Year Rate change | 4.8% |
| Geico Market Share 2021 | 13% |
| Average Savings from Switching to Geico | 15 minutes can result in 15% or more in savings |
| How to Cancel Geico Insurance | Call (800) 841-1587 |
State Farm Auto Insurance California
| State Farm Customer Review | 17,000+ Reviews with an average of 4.1 out of 5 stars rating |
|---|---|
| State Farm Auto Insurance Year over Year Rate change |
24% after an accident |
| State Farm Auto Insurance Market Share 2021 |
16% |
| Average Savings from Switching to State Farm Auto Insurance | 13% |
| How to Cancel State Farm Auto Insurance | Call 800-STATEFARM |
Progressive Auto Insurance Florida
| Progressive Customer Reviews | 1,800+ Reviews with an average of 3.9 out of 5 stars rating |
|---|---|
| Progressive Year over Year Rate change | 0.2% |
| Progressive Market Share 2021 | 12% |
| Average Savings from Switching to Progressive | $550 |
| How to Cancel Progressive Insurance | Call 1-800-776-4737 |
Allstate Auto Insurance Florida
| Allstate Customer Reviews | 1,400+ Reviews with an average of 3.9 out of 5 stars rating |
|---|---|
| Allstate Year over Year Rate change | 1.2% |
| Allstate Market Share 2021 | 9% |
| Allstate Savings from Switching to Geico | $473 if switching from Geico |
| How to Cancel Allstate Insurance | Call your agent. |
Direct Auto Insurance Florida
| Direct Auto Customer Reviews | 1,836+ Reviews with an average of 4.1 out of 5 stars rating |
|---|---|
| Direct Auto Rate Change | ~40% after DUI |
| Direct Auto Market Share 2021 | 0.16% |
| Average Savings from Switching to Direct Auto | Up to 25% |
| How to Cancel Direct Auto Insurance | Call 1-877-GO-DIRECT |
Factors That Can Affect Your Florida Auto Insurance Rates
The table below breaks down your estimated annual auto insurance rate coverage for an insurance policy in Florida and the factors that can lead to the estimated rates. Some of the factors that are taken into consideration are prior tickets record, prior accidents, credit scores, and relationship status. These numbers and discounts or add ons are based on annual rates.
| Driving Profile | Geico Auto Insurance | State Farm Auto Insurance | Progressive Auto Insurance | Allstate Auto Insurance | Direct Auto Insurance |
|---|---|---|---|---|---|
| Speeding Tickets | $2,583 | $2,059 | $6,120 | $5,163 | $0 increase if 15 miles over the limit for a first offense |
| At-fault Accidents | 58% | 24% | 54% | 53% | N/A |
| Poor Credit Score | N/A | N/A | N/A | N/A | N/A |
| Single | No savings | No savings | No savings | No savings | No savings |
| Married | 5% savings | 5% savings | 5% savings | 5% savings | 5% savings |