Florida Car Insurance Company: Everything You Need to Know

Car insurance is mandatory in Florida for all drivers. According to the Florida Department of Highway Safety and Motor Vehicles, all drivers must carry a minimum of $10,000 in personal injury protection (PIP) and $10,000 in property damage liability (PDL). However, it is recommended to have higher coverage limits to protect yourself in case of an accident. In this article, we will discuss everything you need to know about choosing a car insurance company in Florida.

What to Consider When Choosing a Car Insurance Company

There are several factors to consider when choosing a car insurance company in Florida:

Coverage Options

Make sure the insurance company provides the coverage options you need. This can include liability, collision, comprehensive, uninsured/underinsured motorist, medical payments, and rental car coverage.

Cost

Compare the rates of different insurance companies to find the best deal. However, keep in mind that the cheapest option may not always provide the best coverage.

Customer Service

Check the insurance company’s customer service ratings and reviews. You want to make sure you can easily contact the company and receive prompt and helpful assistance when needed.

Financial Stability

Choose an insurance company with a strong financial rating. This will ensure they have the necessary funds to pay out claims in case of an accident.

Top Car Insurance Companies in Florida

Here are some of the top car insurance companies in Florida:

Insurance Company	J.D. Power Customer Satisfaction Rating	A.M. Best Financial Rating
State Farm	846/1000	A++
Allstate	825/1000	A+
Geico	824/1000	A++
Progressive	818/1000	A+
USAA	895/1000	A++

State Farm

State Farm is the largest car insurance company in the U.S. and has been providing insurance in Florida for over 100 years. They offer a variety of coverage options, including liability, collision, comprehensive, and uninsured motorist. State Farm also provides discounts for safe driving, multiple vehicles, and good student grades.

State Farm has a J.D. Power customer satisfaction rating of 846/1000 and an A++ financial rating from A.M. Best.

Allstate

Allstate is another popular car insurance company in Florida. They offer a range of coverage options, including liability, collision, comprehensive, and rental car coverage. Allstate also provides discounts for safe driving, multiple vehicles, and good student grades.

Allstate has a J.D. Power customer satisfaction rating of 825/1000 and an A+ financial rating from A.M. Best.

Geico

Geico is known for their low rates and user-friendly website. They offer a variety of coverage options, including liability, collision, comprehensive, and uninsured/underinsured motorist. Geico also provides discounts for safe driving, multiple vehicles, and military service members.

Geico has a J.D. Power customer satisfaction rating of 824/1000 and an A++ financial rating from A.M. Best.

Progressive

Progressive is a popular car insurance company with a range of coverage options, including liability, collision, comprehensive, and uninsured/underinsured motorist. Progressive also provides discounts for safe driving, multiple vehicles, and good student grades.

Progressive has a J.D. Power customer satisfaction rating of 818/1000 and an A+ financial rating from A.M. Best.

USAA

USAA is exclusively for military service members and their families. They offer a variety of coverage options, including liability, collision, comprehensive, and uninsured/underinsured motorist. USAA also provides discounts for safe driving, multiple vehicles, and good student grades.

USAA has a J.D. Power customer satisfaction rating of 895/1000 and an A++ financial rating from A.M. Best.

FAQ

What is the minimum car insurance requirement in Florida?

Florida drivers must carry a minimum of $10,000 in personal injury protection (PIP) and $10,000 in property damage liability (PDL).

What factors affect the cost of car insurance in Florida?

The cost of car insurance in Florida is affected by several factors, including your age, driving record, location, and the type of car you drive.

What discounts are available for car insurance in Florida?

Many car insurance companies in Florida provide discounts for safe driving, multiple vehicles, good student grades, and military service members.

What is personal injury protection (PIP) coverage?

PIP coverage is a type of car insurance that covers medical expenses and lost wages for you and your passengers in case of an accident, regardless of who is at fault.

What is property damage liability (PDL) coverage?

PDL coverage is a type of car insurance that covers damage you may cause to another person’s property in an accident.

Choosing a car insurance company in Florida may seem overwhelming, but by considering the factors mentioned above and researching the top companies, you can make an informed decision. Remember to always carry the minimum required insurance coverage and consider increasing your coverage limits for extra protection.