Cheapest Auto Insurance in Miami, Florida (2024)

State Farm offers the cheapest car insurance in Miami, with minimum-coverage policies as low as $96 per month.

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Cheapest recent rates near Miami, Florida

Drivers using Insurify have found quotes as cheap as $48/mo for liability only and $71/mo for full coverage in Miami and other Florida cities.

*Quotes generated for Insurify users in and around Miami, Florida within the last 10 days. Last updated on October 30, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from October 30, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Miami, Florida within the last 10 days. Last updated on October 30, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from October 30, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
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Updated October 30, 2024

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On average, drivers in Miami, Florida, pay more for car insurance than other Florida drivers. While the average monthly rate for full-coverage car insurance in Florida is $211, Miami drivers pay an overall average of $315 per month. Your location, even down to the ZIP code, plays a significant role in determining insurance costs.

Miami-Dade County reported more than 31,000 car crashes between January and July 2023, and Miami is susceptible to flooding, storm surges, and hurricane-force winds.[1] [2] Miami’s weather and accident rates contribute to more filed claims in the area and, thus, higher-than-average rates.

Here’s how you can find affordable car insurance in Miami and what you need to know during the insurance-shopping process.

Quick Facts
  • State Farm offers the cheapest liability coverage in Miami.

  • Florida’s minimum car insurance requirements are much lower than other states’ requirements — drivers only need personal injury protection (PIP) and property damage liability coverages.[3]

  • Miami’s extreme weather can cause property damage to vehicles and houses, which can increase car insurance costs in the area.[2]

Cheapest car insurance companies in Miami

When searching for the best car insurance companies in Miami, it’s crucial to carefully assess your unique needs, budget, and circumstances. The cheapest car insurance company for you can vary based on factors such as your driving record, the type of vehicle you own, and your coverage preferences.

Insurify identified the most affordable car insurance companies in Miami and highlighted their standout features.

Insurance Company
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
Full Coverage
Liability Only
Best For
State Farm9.3$118$85Teens
GEICO9.0$148$106Seniors
Allstate8.9$252$180Drivers with an accident
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
  • Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 28,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.

Best insurer for teens: State Farm

Compare personalized, real-time quotes
User Reviews
3.2
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
9.3/10
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$96/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$112/mo

State Farm offers liability and full-coverage insurance. It also provides additional coverages, such as medical payments, uninsured/underinsured motorists, rental car reimbursement, and roadside assistance that can give parents of teens peace of mind.

Pros
  • Various discounts to help teens save

  • Wide selection of coverage options

Cons
  • No gap insurance 

  • Holds a low average rating on Trustpilot

Read more driver reviews of State Farm
Jannie - October 29, 2024
Verified

Good

The insurance is higher than other companies' policies.

Marsha - October 29, 2024
Verified

Friendly agents!

Check out their prices!

Linda - October 29, 2024
Verified

I also have my homeowners insurance with them. I had a fire in my hot water heater and a year later, someone stayed in my house while I was gone for 2 months. I came home to a floating kitchen floor. After these incidents, StateFarm cancelled my policy.

I also have my homeowners insurance with them. I had a fire in my hot water heater and a year later, someone stayed in my house while I was gone for 2 months. I came home to a floating kitchen floor. After these incidents, StateFarm cancelled my policy.

Best insurer for seniors: GEICO

Compare personalized, real-time quotes
User Reviews
3.1
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
9.0/10
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$98/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$116/mo

GEICO can help ensure senior drivers feel well taken care of by offering car insurance with affordable rates and personalized service. With 85 years of experience in the industry, GEICO provides seniors with the peace of mind they deserve. It offers free quotes and opportunities for car insurance savings through various discounts.

Pros
  • Highly rated mobile app

  • Bundling discounts available

Cons
  • No gap insurance

  • Low Trustpilot rating

Read more driver reviews of GEICO
Herman - October 29, 2024
Verified

Excellent

For us, it came down to cost and having all of our insurance with the same company, not farmed out.

Greg - October 29, 2024
Verified

It's Expensive

It's expensive.

Robert - October 29, 2024
Verified

Unpleasant Experience on Cape Cod

My insurance has gone from $37 a month to $82. Stay far away from this company.

Best insurer for drivers with an accident: Allstate

Compare personalized, real-time quotes
User Reviews
3.1
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
8.9/10
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$167/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$195/mo

Allstate car insurance is especially beneficial for drivers facing high insurance rates following an accident. It offers easy access to knowledgeable agents and innovative tools like Drivewise, which can help safe drivers save money on their premiums.

Pros
  • Offers various discounts

  • Offers coverage for hybrids and classic cars

Cons
  • Higher average rates than other insurers

  • Low Trustpilot rating

Read more driver reviews of Allstate
Howard - October 29, 2024
Verified

They Have You By The Short Hairs

I was on a three-lane highway in heavy traffic and couldn't avoid a piece of metal in my lane. I couldn't swerve or I would have hit other cars. Allstate said the accident was the driver's fault and then doubled my insurance cost.

Hugh - October 29, 2024
Verified

Actual Crash Damages vs. Damages Quoted Over the Phone

There were problems getting the correct amount paid out when I made a claim. I had to escalate the issue to the Senior Vice President to get a proper settlement when a deer hit my truck. There was a $5000 difference between what was paid out when the estimator assessed the value of damage to my truck and the actual estimate done by a local car dealership. The Senior Vice President agreed that the amount of damage done was the amount quoted by the local car dealership.

Miriam - October 29, 2024
Verified

Best Overall

Check around before choosing. Allstate has been my choice for years.

How to get the cheapest car insurance in Miami

Getting affordable car insurance requires a little research on your part. Consider your budget, coverage needs, and vehicle type while you search for car insurance quotes. While you’re shopping for the most affordable rates in Miami, keep these helpful tips in mind:

  • Drive responsibly. Practice safe driving habits, comply with traffic laws, and steer clear of accidents and violations to maintain a clean driving record, as this can lower your insurance rates.

  • Bundle insurance policies. Consider bundling your car insurance with other policies, like renters insurance or homeowners insurance, to potentially qualify for discounts on multiple policies.

  • Ask about discounts. Don’t forget to inquire about available discounts, such as those for good driving habits, safety features, or good grades if there’s a teenager in your household.

  • Compare multiple quotes. Take the time to shop around and compare car insurance quotes in Miami from various insurance companies, leveraging platforms like Insurify to find a car insurance rate that suits your specific needs.

Find Cheap Car Insurance in Miami

Compare rates from 100+ top-rated insurance companies

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Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualAllstate

Cheapest liability-only car insurance in Miami: State Farm

Liability-only policies are the bare-minimum required coverages that Florida sets for all drivers, and they cover damages you cause to others in an accident. Liability insurance is typically cheaper than other policies because it’s the least amount of insurance you can legally buy. However, insurance companies still offer different rates to drivers for the same liability insurance policy, so it’s important to compare quotes among different insurers.

The average monthly cost of a liability-only policy in Miami is $258. State Farm offers the cheapest liability-only policies in Miami, at $96 per month.

Here are the cheapest car insurance companies in Miami for liability-only insurance.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Monthly Quote
State Farm$96
GEICO$98
Hugo$104
Mile Auto$166
Allstate$167
Safeco$187
Travelers$198
Mercury$199
Liberty Mutual$206
Direct Auto$213
Midvale Home & Auto$242
Progressive$248
Infinity$256
Foremost$283
GAINSCO$298
National General$400
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Miami: State Farm

Full-coverage car insurance provides protection beyond liability to include comprehensive coverage and collision coverage. This type of insurance is especially beneficial for drivers with valuable vehicles, people living in areas prone to accidents or theft, or anyone who wants extensive coverage for personal and third-party damages.

On average, Miami drivers pay $373 per month for full coverage. State Farm offers the cheapest full-coverage policies in Miami, at $112 per month.

The table below shows the cheapest car insurance companies for full coverage in Miami.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Monthly Quote
State Farm$112
GEICO$116
Allstate$195
Safeco$226
Mile Auto$230
Travelers$232
Mercury$240
GAINSCO$330
Hugo$346
Liberty Mutual$349
Progressive$350
Infinity$355
Midvale Home & Auto$363
Direct Auto$384
National General$416
Foremost$428
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest recent rates near Miami, Florida

Drivers using Insurify have found quotes as cheap as $48/mo for liability only and $71/mo for full coverage in Miami and other Florida cities.

*Quotes generated for Insurify users in and around Miami, Florida within the last 10 days. Last updated on October 30, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from October 30, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Miami, Florida within the last 10 days. Last updated on October 30, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from October 30, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Car insurance requirements in Florida

Like many other states, Florida requires a minimum amount of car insurance for every driver. Drivers must purchase personal injury protection and property damage liability coverages to legally drive.

PIP offers coverage for 80% of medical expenses, up to $10,000, for covered injuries, regardless of fault. And property damage liability pays for damages the insured driver causes. It’s important to maintain continuous coverage, even during periods when the vehicle isn’t in use.

Here are the coverages and minimum policy limits Florida drivers must have:[3]

Coverage
Minimum Requirements
Personal injury protection$10,000
Property damage liability$10,000

Note that Florida’s car insurance minimums are extremely low — many other states also require bodily injury liability. If you drive with liability-only insurance, it’s possible that an accident’s damages and injuries exceed these coverage limits. In that case, you’d pay out of pocket for excessive costs.

Drivers should consider these additional coverage options that can provide extra protection:

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Collision coverage

    Collision coverage pays for vehicle damages from collisions with other vehicles or objects such as trees, fences, and light poles, regardless of fault.

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    Comprehensive insurance covers theft and damages resulting from incidents other than collisions, such as fire, vandalism, falling objects, and weather hazards, including floods and hurricanes.

  • illustration card https://a.storyblok.com/f/162273/x/abffe6238f/financial-protection.svg

    Gap coverage

    Gap insurance covers the financial gap between your auto loan balance and insurance settlement in the event of a total loss, which is particularly useful if you financed or leased a vehicle.

  • illustration card https://a.storyblok.com/f/162273/100x100/3220fb55f1/broken-windshield.svg

    Glass coverage

    Glass coverage is a great option for protection from windshield and glass damage. In Florida, glass coverage has no deductible for windshield replacement, and some policies offer no-deductible coverage for side windows, rear windows, and glass sunroofs.

Learn More: How Much Car Insurance Do You Need?

Learn More: How Much Car Insurance Do You Need?

Cheapest car insurance for drivers with an incident

Finding the cheapest car insurance in Miami becomes incredibly important for drivers who have a track record of incidents, such as speeding tickets, driving under the influence (DUI) convictions, at-fault accidents, or other moving violations.

“Insurance companies assess your driving history, including any traffic violations, accidents, or claims you have made in the past,” says Mariano Demarin, president of Home Port Insurance Group. “If you have a history of accidents, speeding tickets, or other violations, insurance companies perceive you as a higher risk and may charge higher premiums as a result. Overall, it’s crucial to maintain a safe driving record to potentially qualify for more favorable car insurance rates.”

While the overall monthly average for Miami drivers with a clean record is $315, people with an incident on their motor vehicle records pay an average of $371 per month.

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Cheapest car insurance for drivers with a speeding ticket: State Farm

When you receive a speeding ticket, brace yourself for potential car insurance rate increases for several years. Speeding violations indicate a higher risk of accidents and claims. Consequently, insurance premiums are likely to spike as a result of a speeding ticket on your record.[4]

If you get a speeding ticket in Miami, you can expect your premiums to average around $382 per month. The cheapest insurer for drivers with a speeding ticket in Miami is State Farm, with a cost of $114 per month.

Here is a list of cheap car insurance companies for drivers with a speeding ticket in Miami.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Quote: Liability Only
Average Quote: Full Coverage
State Farm$114$133
GEICO$117$139
Hugo$123$410
Allstate$200$233
Mile Auto$205$285
Safeco$227$275
Travelers$239$280
Direct Auto$255$459
Mercury$257$310
Liberty Mutual$269$455
Progressive$297$419
Infinity$319$443
Foremost$369$558
GAINSCO$389$430
National General$482$501
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: State Farm

Your car insurance rates can also skyrocket following an at-fault accident. Insurance companies worry that drivers with at-fault accidents on their records are more likely to file future claims, which leads to higher rates to help balance out that risk.[4] During the first half of 2023, Miami-Dade County reported 196,000 car crashes, which is much more than neighboring Broward and Monroe counties combined.[1]

The overall average cost of car insurance for Miami drivers with an at-fault accident is $413 per month. The cheapest insurer for drivers with an at-fault accident in Miami is State Farm, with a cost of $123 per month.

If you’re seeking the cheapest average car insurance companies for Miami drivers with an at-fault accident on their record, consult the table below.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Quote: Liability Only
Average Quote: Full Coverage
State Farm$123$143
GEICO$126$149
Hugo$144$478
Allstate$215$251
Mile Auto$224$311
Safeco$235$284
Travelers$256$300
Mercury$274$330
Direct Auto$280$504
Liberty Mutual$284$482
Progressive$323$455
Infinity$324$449
GAINSCO$366$405
Foremost$391$591
National General$518$538
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: State Farm

Getting a DUI can lead to a substantial increase in your car insurance rates, as car insurance companies view DUI convictions as a major red flag, signifying a high-risk driver prone to accidents and claims.

It’s important to prioritize responsible and sober driving to avoid DUIs and keep your insurance costs in check — and to keep yourself and other drivers safe on the road. If you have a DUI conviction in Florida, the state may require you to buy FR-44 insurance, which raises your liability requirements for at least three years.[5]

The overall average cost of car insurance with a DUI in Miami is $476 per month. The cheapest insurer for drivers with a DUI in Miami is State Farm, with a rate of $152 per month.

If you’re looking for the cheapest car insurance companies in Miami for drivers with a DUI on their record, check out the table below.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Quote: Liability Only
Average Quote: Full Coverage
State Farm$152$177
GEICO$155$183
Hugo$164$547
Mile Auto$262$364
Allstate$264$308
Mercury$287$346
Safeco$296$357
Travelers$313$367
Liberty Mutual$326$552
Direct Auto$337$607
Progressive$392$553
Infinity$405$561
Foremost$447$677
GAINSCO$471$522
National General$632$658
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: State Farm

Generally, as drivers accumulate experience and enter their mid-30s, rates tend to decline. However, there is a shift around the age of 70, as premiums may see a slight rise due to considerations like potential health concerns and increased likelihood of accidents.[6]

Rates for senior drivers average $206 for liability coverage in Miami. The cheapest insurance for senior drivers in Miami costs $73 per month, from State Farm. The table below shows the insurers with the cheapest quotes for senior drivers in Miami.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Quote: Liability Only
Average Quote: Full Coverage
State Farm$73$86
GEICO$77$91
Hugo$81$270
Mile Auto$123$171
Allstate$132$154
Mercury$152$183
Travelers$153$179
Safeco$155$187
Direct Auto$164$295
Liberty Mutual$169$287
Progressive$175$247
Infinity$191$265
Foremost$221$334
GAINSCO$246$272
National General$302$314
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: GEICO

Car insurance rates for teenagers and young adults are often considerably higher than those for older drivers, primarily due to their lack of experience and increased risk factors.[7] One effective method of securing affordable car insurance as a teenager is to remain on a parent’s insurance policy, as it typically offers more favorable rates.

Additionally, opting for a safe and reliable vehicle equipped with excellent safety features and maintaining good academic performance to qualify for good student or student away at school discounts can help teens get their hands on affordable insurance rates.

Rates for teen drivers in Miami cost an average of $419 per month for liability coverage. The cheapest insurer for teen drivers in Miami is GEICO, with a monthly cost of $149.

Take a look at the table below for some of the lowest average car insurance quotes available for teens in Miami, based on Insurify data.

The below rates are estimated rates current as of: Sunday, September 1 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Quote: Liability Only
Average Quote: Full Coverage
GEICO$149$177
State Farm$158$184
Hugo$164$545
Allstate$285$333
Mile Auto$312$432
Mercury$345$417
Travelers$345$405
Liberty Mutual$352$597
Safeco$362$438
Direct Auto$375$676
Progressive$427$602
Infinity$450$624
Foremost$486$735
GAINSCO$502$556
National General$764$795
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Miami car insurance quotes by credit tier

Florida auto insurance companies can use credit history to generate a credit-based insurance score that they use when determining insurance rates, although it can’t be the only factor insurers use.[8] Credit-based insurance scores play a crucial role in determining premiums, and people with excellent or good credit typically have lower rates due to their lower perceived risk. Conversely, drivers with poor credit may face higher premiums, reflecting their higher perceived risk.

This chart outlines the average monthly quotes for car insurance for Miami drivers with different credit scores.

Rates by Credit Tier

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Is car insurance more expensive in Miami?

The average cost of full-coverage car insurance in the U.S. is $211 per month. However, Miami residents encounter a remarkably high average monthly premium of $373 for comparable coverage.

Car insurance rates can vary significantly based on a number of factors, like weather conditions, crime rates, and traffic volume specific to each city.[7] Compared to Miami, drivers in Fort Myers typically enjoy slightly lower monthly premiums, averaging $250 for full coverage, while Tampa drivers tend to face higher expenses, with an average of $362.

More cities in Miami

Miami stands out as one of the more expensive cities in Florida for car insurance rates. This higher average rate is likely due to the fact that Miami reported more instances of reckless driving than other Florida cities, like Winter Haven.[9] Fraud schemes, severe weather conditions, numerous accident-related court cases, a high volume of uninsured drivers, and higher medical and vehicle repair costs also contribute to Miami’s higher rates.

The following data compares average car insurance quotes in Miami with other major cities across Florida.

City
Average Quote: Full Coverage
Average Quote: Liability Only
Fort Lauderdale$325$249
Fort Myers$250$174
Jacksonville$266$187
Lakeland$248$179
Ocala$230$158
Orlando$289$202
Pompano Beach$309$238
Tampa$362$293
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Miami car insurance FAQs

High-risk drivers in Florida should carefully research car insurance options for the best rates that meet their coverage needs. Additionally, Insurify answers some common questions about Miami car insurance below.

  • How much is car insurance in Miami?

    The average cost of car insurance in Miami is $258 a month for liability-only insurance and $373 a month for full-coverage insurance.

  • What are the cheapest car insurance companies in Miami?

    State Farm has the cheapest car insurance rates in Miami, with rates for liability coverage as low as $96 per month. GEICO and Hugo also offer affordable liability insurance in Miami, with rates of $98 and $104, respectively.

  • What are the best car insurance companies in Miami?

    Some of the best car insurance companies in Miami include Allstate, GEICO, and State Farm. While Insurify identified these insurers as the top companies, the best one for you depends on your budget and coverage needs. Make sure you compare quotes from at least three different insurers at the same coverage levels to find the best rate for your unique situation.

  • Why is auto insurance so expensive in Miami?

    Auto insurance is expensive in Miami compared to other Florida cities and the state average because of its accident rates and severe weather events. Miami-Dade County reported more than 31,000 car crashes in the first half of 2023, and the Miami area is susceptible to flooding and storms.[1] [2]

  • Is Florida a no-fault state?

    Yes. Florida is a no-fault state. This means that drivers file claims with their respective insurance companies for compensation and reimbursement for injuries after an accident.[10]

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Florida Department of Highway Safety and Motor Vehicles. "Crash Dashboard."
  2. City of Miami. "How does climate change impact City of Miami?."
  3. Florida Department of Highway Safety and Motor Vehicles. "Florida Insurance Requirements."
  4. III. "Do auto insurance premiums go up after a claim?."
  5. Florida Department of Highway Safety and Motor Vehicles. "DUI Frequently Asked Questions."
  6. III. "Senior driving safety and insurance tips."
  7. III. "What determines the price of an auto insurance policy?."
  8. The Florida Senate. "626.9741 Use of credit reports and credit scores by insurers.."
  9. Florida Department of Highway Safety and Motor Vehicles. "Annual Uniform Traffic Citation Report."
  10. Nolo. "Florida No-Fault Car Insurance Laws."
Jacqueline DeMarco
Jacqueline DeMarco

During college, Jacqueline DeMarco interned at a retirement plan advisory firm and was tasked with creating a presentation on the importance of financial wellness. During her research into how money can affect our health, relationships and career, Jacqueline realized just how important financial education is. Jacqueline is a contributor for Insurify and has worked with more than a dozen financial brands, including LendingTree, Capital One, Credit Karma, Fundera, Chime, Bankrate, Student Loan Hero, ValuePenguin, SoFi, and Northwestern Mutual, providing thoughtful content to give readers insight into complex topics that they likely didn’t learn in school.

Courtney Mikulski
Edited byCourtney MikulskiSenior Editor, Auto
Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
  • 3+ years producing insurance and personal finance content

  • Main architect of the Insurify Quality Score

Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.

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Mark Friedlander
Reviewed byMark FriedlanderDirector, Corporate Communications, Triple-I
Mark Friedlander
Mark FriedlanderDirector, Corporate Communications, Triple-I
  • Corporate communications director for Insurance Information Institute

  • 20+ years in insurance and communications

As Director, Corporate Communications for Triple-I, Mark serves as the non-profit’s national spokesperson, sharing information and education on a wide array of insurance issues.

Konstantin Halachev
Data reviewed byKonstantin HalachevVP of Engineering & Data Science
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

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