How Much Is Car Insurance for a 16-Year-Old in Florida?

The average monthly cost of car insurance for a 16-year-old driver in Florida is $359 for full coverage and $267 for liability-only insurance. But you may pay more or less for your teen’s insurance policy. This is because car insurance companies look at factors like driving history, vehicle type, and other factors to calculate premiums.

Whether your teen joins your insurance policy or gets their own also affects your insurance rate. Learn more about how insurers price your policy and where to get the best and cheapest car insurance.

How much is car insurance for a 16-year-old in Florida?

The average cost of car insurance for a 16-year-old driver in Florida is $313 per month. The table below shows the average monthly cost of coverage for Florida teen drivers from different companies.

Cost of adding a teen to parents’ policy vs. their own policy

Parents will likely see more expensive average annual car insurance premiums after adding a teen driver. But this is usually cheaper than having teens buy their own policy.

Be aware that if your teen gets into a car accident, your car insurance rates may increase even more. Speeding tickets and DUIs also lead to higher rates.

The table below compares premiums for parents with a teen driver, parents without a teen driver, and a teen driver with their own insurance policy.

Best car insurance for 16-year-olds in Florida

The “best” car insurance for a 16-year-old driver in Florida has several characteristics. For example, it may offer teen-specific discounts or rewards, competitive rates, and driver education programs.

As you begin your search, start with the insurers listed below based on what’s most important to you.

Best for Florida teens overall: GEICO

Best for good students: State Farm

Best for safe teen drivers: Root

Best for building driving skills: Allstate

Factors affecting insurance rates for 16-year-olds in Florida

Car insurance costs won’t be the same for every 16-year-old driver in Florida. These are some factors that affect your rates:2

• Age: Younger drivers tend to get into more accidents than drivers 25 and older. As such, insurance companies raise rates to offset the risk of covering teen drivers.

• Gender: Data shows that men are more likely to experience a fatal crash.3 As a result, teen male drivers pay some of the highest insurance rates.

• Driving experience: New drivers get into accidents at a higher rate than seasoned drivers. So, if you have less experience, expect to see more expensive premiums.

• Vehicle type: Companies look at vehicle characteristics such as car theft rates, repair costs, safety records, and safety features to determine your premiums. If you own a vehicle with higher risk factors, your insurance policy will likely cost more.

• Geographic location: Insurers use factors like population, crime, weather risks, and driver demographics to calculate premiums. For example, living in a larger city like Miami may come with more driving risks than a smaller one like Lakeland. Miami residents may end up paying more.

• Driving record: Drivers with moving violations usually pay higher rates than drivers with a clean record. If you have accidents, speeding tickets, or DUIs on your record, insurers view you as more likely to file a claim in the future.

• Coverages: The more coverage you buy, the more you’ll pay. Buying the minimum coverage required will be cheaper than a full-coverage insurance policy. Having higher limits and adding optional coverages will also increase your premiums.

• Discounts: Many companies offer savings for young drivers. Teen drivers can save money on their insurance by earning good grades and completing a qualifying driving program. Policyholders who buy multiple policies with one insurance company can also score a bundling discount.

Comparing teen driver rates in Florida with other age groups

Florida teens pay more for car insurance than older drivers. Take a look at the table below for the cost of car insurance for different age groups in Florida.

How to reduce insurance costs for 16-year-olds in Florida

Car insurance for 16-year-old drivers in Florida can get expensive. But you still have ways to find cheap car insurance without sacrificing your coverage:

Cost of insurance for a 16-year-old in Florida FAQs