Cheapest Auto Insurance in Miami, Florida (2024)

State Farm offers the cheapest car insurance in Miami, with minimum-coverage policies as low as $85 per month.

Jacqueline DeMarco
Jacqueline DeMarco
  • 13+ years writing insurance and personal finance content

  • Insurance, lending, and retirement expert

Jacqueline has contributed content, and her personal finance passion, to dozens of noteworthy financial brands, including Credit Karma, Bankrate, and MagnifyMoney.

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

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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 Friedlander
Mark Friedlander
Mark FriedlanderDirector, Corporate Communications
  • 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 Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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.

Updated May 16, 2024

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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 $107/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 May 16, 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 May 16, 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 May 16, 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 May 16, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

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 $255, Miami drivers pay an overall average of $317 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 CompanyIQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
Full CoverageLiability OnlyBest For
State Farm4.6$126$85Teens
GEICO4.4$158$107Seniors
Allstate4.4$268$182Drivers 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 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. Criteria are weighted 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 5 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. We update ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: We use 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 20,000 customer reviews across 155 car insurance companies. We also considered 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 United States, 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 identified the number of states in which insurers offer coverage and company size by market share to score availability and reach.

Best insurer for teens: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.5
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
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.
$85/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.
$99/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 our State Farm review
Marie - May 15, 2024
Verified

Terrible

If you have a claim, they will drop you.

Mike - May 15, 2024
Verified

Increased Monthly Premium

There isn't much customer loyalty; discounts are negligible.

Charles - May 15, 2024
Verified

Good but Pricey

The price went up 36% this year and 15% last year, but the coverage is good and the claims seem to be fair. I use insurance that is better than the state requirements.

Best insurer for seniors: GEICO

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.2
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
833
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.
$88/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.
$102/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 our GEICO review
Julie - May 15, 2024
Verified

Overpriced

My rate increased from $50 in Mississippi to $180 in Texas. This is outrageous!

William - May 15, 2024
Verified

Not the Cheapest, But Worth Every Dime

You can drop AAA if you have it. They cover emergency road assistance as well as glass replacement.

Nancy - May 15, 2024
Verified

Good for Claims, Unsatisfactory for Price

The price keeps changing without any notice or explanation.

Best insurer for drivers with an accident: Allstate

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.2
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
849
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.
$149/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.
$172/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 our Allstate review
Ali - May 15, 2024
Verified

Feels Like a Mortgage

It's too expensive these days!

Cecil - May 15, 2024
Verified

They increased my rates with an unsatisfactory explanation about 'raising everyone's rates due to the number of claims in Colorado.' Rates should be raised on people who turn in claims, not safe drivers with no claims.

They increased my rates with an unsatisfactory explanation about 'raising everyone's rates due to the number of claims in Colorado.' Rates should be raised on people who turn in claims, not safe drivers with no claims.

Patrick - May 15, 2024
Verified

Let Down

It's a great insurance company, but they are dropping me because of two accidents, both of which were not my fault. I would not recommend signing up with All State.

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

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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 $272. State Farm offers the cheapest liability-only policies in Miami, at $85 per month.

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

The below rates are estimated rates current as of: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Monthly Quote
State Farm85
GEICO88
Hugo95
Allstate149
Safeco163
Mile Auto166
Travelers177
Mercury185
Liberty Mutual194
Direct Auto198
Midvale Home & Auto220
Progressive224
Infinity251
Foremost264
Dairyland267
AssuranceAmerica292
Bristol West345
National General385
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 $363 per month for full coverage. State Farm offers the cheapest full-coverage policies in Miami, at $99 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: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Monthly Quote
State Farm99
GEICO102
Hugo108
Allstate172
Travelers207
Mercury217
Safeco223
Mile Auto230
GAINSCO271
Infinity293
Liberty Mutual297
Midvale Home & Auto317
Direct Auto318
Progressive318
National General388
Foremost389
AssuranceAmerica399
Dairyland476
Bristol West494
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.

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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]

CoverageMinimum 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 $317, people with an incident on their motor vehicle records pay an average of $378 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 $378 per month. The cheapest insurer for drivers with a speeding ticket in Miami is State Farm, with a cost of $99 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: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm99116
GEICO104120
Hugo119135
Allstate175202
Safeco195267
Travelers210246
Mile Auto212293
Mercury235275
Direct Auto236379
Liberty Mutual254389
Progressive264375
Midvale Home & Auto269387
Infinity308360
Dairyland316564
Foremost346510
AssuranceAmerica352481
Bristol West402576
National General505508
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 $409 per month. The cheapest insurer for drivers with an at-fault accident in Miami is State Farm, with a cost of $107 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: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm107124
GEICO111129
Hugo116132
Allstate188217
Safeco199272
Travelers225263
Mile Auto231320
Mercury249292
Direct Auto256411
Liberty Mutual269411
Progressive288409
Midvale Home & Auto294424
Infinity312364
Dairyland337600
Foremost366539
AssuranceAmerica370506
Bristol West428613
National General483487
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 $472 per month. The cheapest insurer for drivers with a DUI in Miami is State Farm, with a rate of $135 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: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm135157
GEICO139162
Hugo151171
Allstate236273
Mile Auto237329
Safeco258353
Mercury263309
Travelers280328
Liberty Mutual307471
Direct Auto314504
Midvale Home & Auto349502
Progressive355504
Infinity398464
Foremost418616
Dairyland423754
AssuranceAmerica463632
Bristol West547783
National General610615
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 $226 for liability coverage in Miami. The cheapest insurance for senior drivers in Miami costs $66 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: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm6677
Hugo6877
GEICO7081
Allstate120138
Mile Auto126175
Safeco131180
Travelers139163
Mercury140164
Direct Auto153245
Liberty Mutual153235
Progressive162229
Midvale Home & Auto168242
Infinity190222
Foremost207304
Dairyland214382
AssuranceAmerica222304
Bristol West277397
National General310312
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 $127.

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: Thursday, May 16 at 12:00 PM PDT
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 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 CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
GEICO127147
State Farm133155
Hugo153174
Allstate241278
Travelers295345
Mile Auto299415
Mercury312366
Safeco319437
Direct Auto335539
Liberty Mutual335514
Midvale Home & Auto354510
Progressive376533
Dairyland413736
Infinity426498
Foremost433637
AssuranceAmerica503688
Bristol West542777
National General667672
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 $215 per month. However, Miami residents encounter a remarkably high average monthly premium of $363 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 $266 for full coverage, while Tampa drivers tend to face higher expenses, with an average of $373.

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.

CityAverage Quote: Full CoverageAverage Quote: Liability Only
Fort Lauderdale$340$256
Fort Myers$266$190
Jacksonville$301$202
Lakeland$293$193
Ocala$260$178
Orlando$312$221
Pompano Beach$358$253
Tampa$373$310
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 $272 a month for liability-only insurance and $363 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 $85 per month. GEICO and Hugo also offer affordable liability insurance in Miami, with rates of $88 and $95, 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
Mark Friedlander
Mark FriedlanderDirector, Corporate Communications
  • 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 HalachevVice President of Engineering
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Konstantin HalachevVice President of Engineering
  • 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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