Mercury life Insurance

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Florida is a “no-fault” state, meaning insurers often pay more in injury claims here than they do in other states. This partly explains why Florida has some of the most expensive car insurance in the U.S. Geico returned the cheapest rates in our test at $1, 803 per year, or about $150 per month. Safe motorists in Florida should look for discounts to trim costs, such as those for going claim free, avoiding moving violations or taking a defensive driving course.

Cheapest for young drivers

For drivers in their early 20s.

Drivers in their early 20s tend to have fewer assets to protect than older motorists and no family members on their policies. That means they can often get by with leaner coverage and score comparatively cheap car insurance in Florida. Again, Geico was the cheapest among insurance companies open to all drivers.

Cheapest for families with a teen driver

For middle-aged couples with one teen driver.

Teen drivers bring major accident risk, which usually translates to higher-than-average car insurance rates for their parents. That said, there’s still plenty of room to save by shopping around. Parents with a teen stand to get a much better deal by comparing as many estimates as possible rather than settling for just one or two car insurance quotes.

Cheapest for drivers with poor credit

For drivers placed in the lowest credit tier as determined by the industry.

Because a driver’s credit rating can be an indicator of the likelihood of future claims, insurers might use it as a factor when determining rates. Florida drivers with poor credit, however, might not be penalized as much as poor-credit drivers in other states. In fact, Geico returned sample quotes identical to those for good drivers with no credit issues.

Cheapest for retired drivers

For drivers in their mid- to late 60s who no longer use their car for commuting.

Retired drivers typically travel fewer annual miles than their working, commuting counterparts — and can buy relatively cheap car insurance in Florida as a result. These motorists can also look for discounts targeted at mature drivers to cut costs even more. Geico also offers a unique, automatically renewable contract to certain drivers over 50 years old, which could provide peace of mind to customers worried about maintaining coverage as they age.