According to a report from CarInsurance.com about auto insurance quotes, the cost of insuring a car in Florida is one of the highest in the nation. That does not mean individual consumer’s car insurance premiums need to be high. We conducted a study of auto insurance quotes in Florida to arm drivers with best rates in the state.
The true fact that auto insurance rates can so much different from company to company, even in the same city. For example, our study found that in Jacksonville, FL, one year’s premium at the most expensive company could have paid for almost seven years at the cheapest insurer. Therefore, To find a best car insurance company is really important.
To find the auto insurance companies with the best rates, cheap car insurance, in Florida, we reviewed an auto insurance quotes from some of the largest companies for our 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 our rate analysis, the top three cheap car insurance companies in Florida are: the Florida Farm Bureau Insurance Company, United Service Automobile Association (USAA), and GEICO.
Here is rank 1-10 cheap car insurance company in Florida.
|Rank||Auto Insurance Company||Avg. Annual Premium|
|1||Florida Farm Bureau Insurance||$379|
Let find out the best auto insurance companies in Florida.We ranked the best car insurance companies by looking at which companies received the fewest complaints base on data from the National Association of Insurance Commissioners (NAIC).
We calculated a complaint index that compares the number of complaints to the number premiums in dollars. The table below ranked 30 auto insurance companies in Florida by the lowest index numbers (best) to highest (worst) complaint index.
By this metric, in Florida, The top car insurance companies with be best ratings are: Amica, Allied, Auto-Owners, Florida Farm Bureau, and Progressive. According our study above, Florida Farm Bureau Insurance and Auto-Owners are also in the list of the cheapest automobile insurance.
Read more: Cheapest Auto Insurance in Florida by City