Auto Insurance Coverage Requirements in Florida

Per the Florida Office of Insurance Regulation, the minimum insurance coverage you should have on your car is $10,000 of personal injury protection (PIP) and $10,000 property damage liability (PDL). Bodily injury and uninsured motorist coverage come standard and recommended with your policy by insurers, but they are rejectable.

How We Conducted the Analysis

We averaged rates for three policyholder scenarios across twenty six auto insurance companies in sixty seven counties for the results in this data. Premiums are averaged at the parent company level, since drivers can't choose which affiliate underwrites their insurance. Coverage encompasses just bodily injury and property damage.
The family here consists of a 50 year old couple with children aged 20 and 18 who have good driving records for the past three years. They drive a 2012 Toyota Camry and a 2007 Toyota Corolla for a combined 20,000 miles per year. They carry a basic liabilty coverage of $25,000 / $50,000 for bodily injury, and $50,000 for property damage. The 65 and 70 year old senior married couple have had a great driving history with their 2007 Toyta Camry. There are liability limits of $50,000 / $100,000 in bodily injury and $100,000 of property damage on the car. The 25 year old female has had one minor traffic violation and one not-at-fault accident in the past three years. She has her 2012 Toyota Camry insured for $25,000 / $50.000 in bodily injury plus $50,000 in property damage.
Average premiums are for illustrative purposes, as individual quotes will differ based on driving history, zip codes, vehicle type, coverage limits chosen, and other factors.

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