Insurify's analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. Driving without insurance in Florida could lead to a number of different consequences, which could include fines, suspension of your driver's license, or paying out-of-pocket expenses if you are found to be at fault in an accident. Liability insurance covers the cost of any damage, injury or death you cause in a car accident, up to the predefined limits of your policy. We collected data on dozens of auto insurance providers to rate companies based on a wide range of ranking factors.
However, keep in mind that what you pay for car insurance will depend on your age, gender, driving history, credit score, and other factors in your unique driving profile. If you are a disabled veteran and honorably discharged with a valid disabled veteran identification card, you are exempt from Florida vehicle licensing and registration fees. Older Florida drivers will find the lowest auto insurance quotes with GEICO if all they want is a minimum coverage policy. See NerdWallet's guide to car insurance requirements by state for more details on what coverage you might want in your Florida auto policy.
To help you find credible and accurate information about car insurance in Florida, MoneyGeek received expert advice from trusted professionals. Accidents at fault cause the cost of car insurance to rise, placing an even greater burden on teenage drivers whose premiums are already much more expensive. According to MoneyGeek research, GEICO offers the cheapest car insurance for the average driver in the state. From an internal database of more than 4 million auto insurance applications, Insurify's research team analyzes patterns in car ownership and driver behavior, including how Florida drivers live up to their fellow motorists in the States United in areas such as speeding, DUIs and more.
While you may be able to meet Florida's minimum auto insurance requirements, it may not be the policy that best fits your needs. If you're involved in an at-fault accident, there's no doubt that your car insurance rates will go up.