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CarInsuranceCostPerMonth.com

Updated April 2026 | Rank #50 of 51

Car Insurance Cost Per Month in Florida 2026

Full coverage avg

$321/mo

Minimum coverage avg

$96/mo

State minimum reqs

10/20/10 (PIP $10K)
No-fault / PIP

Florida's no-fault PIP system and high uninsured-driver rate (~20%), combined with hurricane risk and elevated medical fraud, make it the second most expensive state. Adjust age and vehicle below to see your estimated monthly cost.

Florida

in Florida with a Sedan

$321/month

Full coverage estimate (100/300/100 + collision + comp). +$113 above national avg

State Min$183/mo10/20/10 (PIP $10K)
Standard$238/mo50/100/50
Full Coverage$321/mo100/300/100

Source: NerdWallet 2026, ValuePenguin 2026, Bankrate 2026

How we calculate this

Average Monthly Cost by Age in Florida 2026

AgeMin CoverageFull Coverage (Sedan)Details
16$624$1091Age 16page →
17$569$995Age 17page →
18$495$867Age 18page →
19$422$738Age 19page →
25$183$321Age 25page →
35$156$273Age 35page →
45$160$279Age 45page →
65$174$305Age 65page →

Top 3 Carriers in Florida by Market Share (NAIC Q1 2026)

1
State Farm
By direct written premium
2
GEICO
By direct written premium
3
Progressive
By direct written premium

Market share data is from NAIC Q1 2026 public filings. Market share does not equal cheapest rate for your profile.

Nearby States by Cost Rank

Florida Car Insurance FAQs

What is the average car insurance cost per month in Florida?
The average car insurance cost in Florida is $321 per month for full coverage (100/300/100 plus collision and comprehensive) as of 2026, per cross-referenced data from NerdWallet, Bankrate, and ValuePenguin. Minimum-coverage-only policies average $96 per month. Florida ranks #50 of 51 jurisdictions by cost (1 = cheapest, 51 = most expensive).
What is the minimum car insurance required in Florida?
Florida requires minimum liability coverage of 10/20/10 (PIP $10K). Florida is a no-fault state requiring Personal Injury Protection (PIP) in addition to liability.
Who has the cheapest car insurance in Florida?
The top three carriers by market share in Florida are State Farm, GEICO, Progressive, per NAIC Q1 2026 market filings. Market share does not equal cheapest price -- the best rate for your specific profile (age, vehicle, driving record, credit score in states where legal) requires comparing quotes. We recommend comparing at least 3 carriers. carinsurancecomparisontool.com offers a side-by-side carrier comparison.
Does Florida have no-fault insurance?
Yes. Florida is a no-fault state, requiring drivers to carry Personal Injury Protection (PIP) coverage. Under no-fault, each driver's own insurance pays their own medical bills after an accident, regardless of fault. Florida's minimum PIP requirement is part of the 10/20/10 (PIP $10K) minimum package.
Why is car insurance so expensive in Florida?
Florida's no-fault PIP system and high uninsured-driver rate (~20%), combined with hurricane risk and elevated medical fraud, make it the second most expensive state.
Is my credit score used for car insurance in Florida?
Yes, in most cases. Florida allows insurers to use a credit-based insurance score (distinct from your FICO) to predict claim likelihood. A poor credit-based score can add 20-100% to your premium. Improving your credit over 12-24 months can generate meaningful savings at renewal.