Florida Auto Insurance Rates (2026): Geico files lowest at $211/mo
As of May 2026, Rate Authority's analysis of Florida auto insurance rate filings draws on Rate Authority (NAIC 2023 baseline + 1 DOI filings). Source: Rate Authority, May 2026.
Last updated May 2026 · Rate Authority.
Cheapest filed auto rate in Florida right now: Geico at $211/mo (Rate Authority, May 2026) (effective 2026-01-01). Across 1 recent carrier filings, baseline rates range $211-$211/mo, averaging $211/mo. The 2023 NAIC state-average baseline is $166/mo for reference.
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Why rates in Florida look the way they do
Florida home insurance ($2,385/yr NAIC 2023) is high but isn’t the most expensive — Oklahoma’s $2,810/yr beats it. Florida’s distinguishing feature is volatility: 7 carriers became insolvent in 2022-2023, and Citizens (the state-run insurer of last resort) ballooned to over 1.4 million policies before reforms cooled the market.
Florida’s insurance market is restructuring after the 2022 legislative reforms (SB 2A) eliminated assignment-of-benefits abuse and capped attorney-fee multipliers. Carriers that had exited or were on the brink of insolvency are starting to write new business again, but home rates remain among the highest in the country.
A few state-specific dynamics worth knowing:
- PIP (no-fault) auto insurance is required by Florida statute; $10K minimum medical coverage.
- Citizens Property Insurance is the state-run insurer of last resort; ~1.2M policies as of late 2024.
- SB 2A (2022) eliminated AOB abuse, capped contingency-fee multipliers, and required a one-way attorney-fee statute repeal.
Recent filings + market moves:
- State Farm filed a 14.2% FL home rate increase effective December 2025 (filing on file with state DOI).
- Citizens depopulation program transferred ~430K policies to private carriers through Q4 2024.
Recent Florida auto rate filings
Most recent publicly-filed rate changes from state DOI / SERFF. Each row is one carrier’s filed-baseline rate as of the effective date — not a personalized quote. Filing IDs link to the source filing.
| Carrier | Filed Rate | Effective | Filing | Source |
|---|---|---|---|---|
| Geico | $211/mo | 2026-01-01 | filing | State DOI |
Best Florida auto insurance by driver profile
The “best” auto carrier in Florida depends on your specific profile. Below is how we route the top-rated carriers based on profile signals, using 1 recent filings + the 2023 NAIC baseline.
Best for low-rate shoppers in Florida: Geico (most recent filed baseline ranks lowest). Get an actual quote in 60 seconds with Sage.
Best for high-asset households in Florida: USAA (members only) and Travelers offer higher-limit options most carriers do not write at scale. For households above $500K in assets, Sage routes to umbrella-eligible carriers first.
Best for drivers with claims history or SR22 needs in Florida: Progressive and The General specialize in nonstandard auto in this state. These carriers write profiles other carriers decline.
Best for younger drivers (under 25) in Florida: Geico and State Farm typically file the lowest under-25 rates after the parent-policy discount is applied.
Florida auto insurance — what affects your rate
Florida’s insurance market is restructuring after the 2022 legislative reforms (SB 2A) eliminated assignment-of-benefits abuse and capped attorney-fee multipliers. Carriers that had exited or were on the brink of insolvency are starting to write new business again, but home rates remain among the highest in the country.
The four factors that drive your specific rate the most: ZIP code (theft + claim density), age (under 25 and over 70 pay materially more), vehicle (repair-cost class and theft rate), and driving record (one at-fault accident or moving violation typically lifts a rate 20-40%).
Minimum auto insurance required in Florida
$10,000 PIP (no-fault medical) / $10,000 property damage. Florida is unusual in that it does not require bodily-injury liability — though most lenders and prudent drivers carry it anyway.
Frequently asked: Florida auto insurance
How much does auto insurance cost in Florida?
The 2023 NAIC published average is $1,993/year (about $166/mo). Recent carrier filings suggest current rates run 10-25% above this baseline; the table above shows the actual filed numbers. Your specific quote depends on your ZIP, age, vehicle, driving record, and credit (where credit-based scoring is permitted).
Which carriers have filed recent Florida auto rate changes?
Rate Authority’s filings tracker recorded filings from Geico in the past 30 days. See the table above for filed rates and effective dates. Each row links to the source filing where the carrier published its actuarial justification.
Why are Florida auto insurance rates high?
Florida’s insurance market is restructuring after the 2022 legislative reforms (SB 2A) eliminated assignment-of-benefits abuse and capped attorney-fee multipliers. Carriers that had exited or were on the brink of insolvency are starting to write new business again, but home rates remain among the highest in the country.
How can I lower my Florida auto insurance bill?
The single biggest lever is comparing quotes across carriers — rate differences for the same profile commonly run 30-50%. The table above shows where carriers currently file baseline rates; your actual quote may rank carriers differently. Compare quotes in 60 seconds: Compare quotes
How Rate Authority sources this data
Rate Authority aggregates three public + licensed sources, with per-record provenance. Every row above can be traced to its source filing or partner-feed quote.
- State Department of Insurance / SERFF filings — public rate filings. Filings appear within days of carrier submission.
- NAIC published averages — annual state aggregates, currently using NAIC’s 2023 data (latest publicly released).
- SEC EDGAR carrier disclosures — quarterly 10-Q and annual 10-K filings from US public personal-lines carriers.
Methodology: /methodology/rate-authority/
Per Rate Authority’s analysis of public regulatory filings as of May 2026, this page reflects the current insurance rate environment.
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