Auto insurance in Florida

Chances are when you first got your driver’s license, your parents paid for your Florida car insurance. Now that you’ve moved out on your own, auto insurance is now your responsibility. Before you run out and purchase an auto insurance in Florida, make sure you know what you are looking for when choosing the best policy for your budget.

Why do you need Florida auto insurance?

In most states, it is illegal to drive without insurance. In fact, if you are pulled over by the police and don’t have your insurance, most likely you will have to pay a hefty fine. If you are caught multiple times without insurance, you might even spend some time in jail. Some states, like Florida, have no-fault insurance according to This means that when you are involved in a car accident, even if you are not the one who caused the accident, your insurance still has to pay for damage and/or medical bills.

Auto insurance companies in Florida usually list what their coverage is for injuries, property damage and medical. When going over your policy, you might see something like this:

Bodily Injury Liability Coverage: $100k per person, $50k per accident
Property Damage Liability Coverage: $50k per person, $50k per accident
Medical Payments Coverage: $10k per person
These numbers are in case you do cause an accident. Instead of suing you, they will sue your insurance company. Most insurance companies will settle for a certain amount of money. What if you accidentally hit the gas instead of the brake and end up running into your neighbor? Don’t worry! Your car insurance will cover his medical bills. (As long as it was an accident. If it wasn’t, then you probably have bigger problems to worry about than your auto insurance.)

What about if your car gets stolen? Auto insurance in Florida will cover that too. They will either pay for a replacement or give you the cash difference between your old car and your new car. Florida car insurance also covers what is inside your car such as your stereo. What about natural disasters? Auto insurance has you covered! If your car takes an unscheduled trip to the land of Oz via a tornado, your insurance will pay for a replacement or again, give you the cash difference.

The cost of Florida car insurance.

Auto insurance in Florida gets better as you age according to, meaning the older you get, the cheaper the rate. For drivers under 24, expect to pay the most you will ever pay for auto insurance at around $2000 a year. That is if you have a perfect record. The more accidents or tickets you have, the higher your rates. When you turn 25, a magical thing happens: you are deemed to be responsible and your rate is now around $700 a year. The rates don’t really change that much until you reach the ripe old age of 55. Then your rates decrease by about $200 a year. Remember, auto insurance is mandatory in Florida so you always need to have coverage.