weather unavailableweather unavailable
Make us your home page

Florida auto insurance cheaper than average, survey finds

Florida may still be one of the most expensive markets in the country for property insurance, but it's cruising comfortably as a competitive market for auto insurance.

Florida's average annual premium for auto coverage — $1,476 — is $85 cheaper than the national average, according to a survey released Monday by

Compared to other states and Washington, D.C., Florida is in the cheaper half, ranking 29th overall.

The most expensive states are Michigan and Louisiana at $2,541 and $2,453, respectively. The best bargains: Vermont and South Carolina at $995 and $1,095, respectively. found that a consumer's driving record is not always the biggest factor in determining rates. Other factors looming large are the percentage of uninsured motorists in a given state, weather and various state insurance laws.

Michigan drivers, for instance, pay the price for living in the only state that guarantees unlimited personal injury protection payments by law. Vermont drivers, in contrast, benefit from a low level of traffic congestion and a large number of competing insurers.

Florida auto insurance cheaper than average, survey finds 03/14/11 [Last modified: Monday, March 14, 2011 5:55pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours