Why is my Florida car insurance so expensive?

We have two cars and two adult drivers, no kids, one accident last year, and the insurance this renewal period is $1,900 for six months. Coverage limits are bodily injury $100,000 per person and $300,000 per accident, and property damage $100,000. Full coverage (loans on both cars) with $500 deductibles.

Apr 29, 2021
Answer provided by
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Shannon Martin
Answered at Apr 29, 2021
“Unfortunately, Florida is one of the most expensive states in the nation to insure a car. There are a number of factors that have combined to make FL more expensive for car insurance.
According to one estimate, Florida has the highest number of uninsured drivers per capita in the US. The increased cost in insurance only exacerbates this issue, creating more uninsured drivers and leading to more premium increases.
In addition, Florida has a significant number of high-risk drivers residing in and visiting the state, leading to more accidents, injuries, insurance claims, and increased insurance claim payouts.
The coverage that you carry appears to be sufficient for most situations, except the most catastrophic of claims. The longer that you go without additional accidents or claims, the less you should pay for your rate.
In the meantime, use an insurance broker like Jerry that can automatically shop for you and find you the best rate at every renewal.”
FloridaCar Insurance
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