Cheapest Car Insurance In Florida

Cheapest Car Insurance in Florida After a Ticket

The cost of Florida car insurance is typically more expensive for drivers who have been in crashes or who have gotten citations for DUIs or traffic violations. Geico or State Farm were the cheapest car insurance companies in Florida for high-risk drivers.

Cheapest For Drivers With A Speeding Ticket

State Farm has the cheapest car insurance for people who have gotten a speeding ticket. On average, State Farm’s rates are 50% cheaper than the state average for drivers with a ticket.

Geico also has cheap rates for drivers with a speeding ticket — although Geico’s rates are $1,012 more expensive than State Farm’s.

Cheapest Car Insurance in Florida For Drivers with One At-Fault Accident

A history of accidents or tickets can play a big role in how much you pay. This is because your driving history is another indicator of risk — and risk is something insurance companies want to avoid. Having a recent at-fault accident in your driving record could raise your premiums by as much as $992 per year.

On average, Geico is the cheapest insurance company for drivers who have been in an accident. That’s 64% cheaper than average for minimum liability coverage.

Cheapest Car Insurance in Florida for Drivers with Poor Credit

A low credit score often flags drivers as higher risk, so insurers will usually charge them more for coverage. However, since insurers use different formulas to calculate premiums, poor credit might affect your rates more with one company than another. Because each insurance company treats credit differently, it pays to compare quotes.

Florida allows insurers to set rates based on your credit history. Fortunately, drivers with poor credit may still find cheap coverage from State Farm or Geico. Both companies offer car insurance rates that are 35% cheaper than average.