Cheapest Auto Insurance in Miami, Florida (2025)

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 $182, Miami drivers pay an overall average of $242 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.

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.

Best insurer for teens: State Farm

Best insurer for seniors: GEICO

Best insurer for drivers with an accident: Allstate

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.

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 $203. State Farm offers the cheapest liability-only policies in Miami, at $125 per month.

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

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 $280 per month for full coverage. State Farm offers the cheapest full-coverage policies in Miami, at $134 per month.

The table below shows the cheapest car insurance companies for full coverage in Miami.

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

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:

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 $242, people with an incident on their motor vehicle records pay an average of $271 per month.

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 $324 per month. The cheapest insurer for drivers with a speeding ticket in Miami is State Farm, with a cost of $160 per month.

Here is a list of cheap car insurance companies for drivers with a speeding ticket in Miami.

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 $302 per month. The cheapest insurer for drivers with an at-fault accident in Miami is State Farm, with a cost of $157 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.

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 $315 per month. The cheapest insurer for drivers with a DUI in Miami is State Farm, with a rate of $173 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.

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 $180 for liability coverage in Miami. The cheapest insurance for senior drivers in Miami costs $101 per month, from State Farm. The table below shows the insurers with the cheapest quotes for senior drivers in Miami.

Cheapest car insurance for teens: State Farm

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.8 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 $347 per month for liability coverage. The cheapest insurer for teen drivers in Miami is State Farm, with a monthly cost of $230.

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.

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.9 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.

Is car insurance more expensive in Miami?

The average cost of full-coverage car insurance in the U.S. is $184 per month. However, Miami residents encounter a remarkably high average monthly premium of $280 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.8 Compared to Miami, drivers in Fort Myers typically enjoy slightly lower monthly premiums, averaging $206 for full coverage, while Tampa drivers tend to face higher expenses, with an average of $285.

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.10 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.