When it comes to AUTO insurance, choosing the right auto insurance is sometimes very complicated. To get the Cheapest Car Insurance Companies in Florida is not that easy, because their are number of different companies available to drivers in Florida.
According to reports from ValuePenguin, car insurance rates differs from company to company, even in the same city. For instance, in Jacksonville, FL, one year’s premium at the most expensive company could have paid for almost seven years at the cheapest insurer.
Cheapest Car Insurance Companies in Florida
ValuePenguin reviewed auto insurance quotes from some of the largest companies using three policyholder scenarios as a benchmark: a family of four, a married senior couple, and a single 25 year old female across multiple counties.
Based on the rate analysis, the Florida Farm Bureau Insurance Company is the #1 in the Cheapest Car Insurance Companies in Florida. Followed by United Service Automobile Association (USAA), and GEICO. These company make up the top three cheap car insurance companies in Florida.
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Below are the top 18 car insurance companies with the best rates in the Florida State. It’s shown in the order from lowest to highest annual insurance rate.
|Rank||Auto Insurance Company||Annual Premium|
|1||Florida Farm Bureau Insurance||$381|
|15||Ocean Harbor/ Pearl Holding Group||$1,723|
|17||Windheaven Insurance||$2, 313|
Auto Insurance Coverage Requirements in Florida
Below are the minimum insurance coverage you should have on your car:
- $10,000 of personal injury protection (PIP)
- $10,000 property damage liability (PDL).
For bodily injury and uninsured motorist coverage come standard and recommended with your policy by insurers, but they are rejectable.