What is the new car insurance law in Florida?
Asked by: Morris Johns | Last update: May 7, 2026Score: 4.1/5 (31 votes)
Florida is phasing out its no-fault PIP system, moving towards a fault-based system by July 2026, requiring mandatory bodily injury liability (BIL) coverage ($25k/$50k limits), and potentially increasing minimum property damage liability, with proposed bills like HB 1181 aiming to increase liability minimums and potentially add medical payments (MedPay) and death benefits, shifting responsibility to the at-fault driver for injuries, though the final law details are still evolving.
What is the new law for auto insurance in Florida?
HB 1181 repeals the personal injury protection (“PIP”) coverage requirement under Florida's Motor Vehicle No- Fault Law and increases the minimum bodily injury liability coverage limits from $10,000 per person and $20,000 per incident to $25,000 per person and $50,000 per incident; however, the minimum property damage ...
Do I really need comprehensive and collision?
You likely need comprehensive and collision if your car is leased or financed; otherwise, it depends on your car's value and your budget, but it's generally recommended for newer or valuable cars to cover events like accidents (collision) and theft/weather (comprehensive) if you can't afford major repairs out-of-pocket. If your car is older, has minimal value (e.g., under $1,000), and is fully owned, you might consider dropping them to save money, as the cost of coverage could exceed the car's worth.
Are Florida insurance rates going down?
“Floridians are seeing rate reductions in both auto and homeowners insurance across the state, with additional relief coming soon,” said Governor Ron DeSantis. “The reductions in Citizens Insurance rates are the most significant in recent memory.
What is the best auto insurance in Florida 2025?
State Farm is No. 1 in our rating of the best car insurance in Florida. It also has the state's lowest average rate. Florida's other top-rated auto insurers are Geico, USAA and Mercury, according to our research.
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Who usually has the cheapest car insurance in Florida?
What is the cheapest car insurance in Florida? The cheapest car insurance depends on your coverage needs, driving history and other factors. For adult drivers with good credit and clean records, Geico, Bristol West, Travelers, State Farm, USAA and Florida Farm Bureau Insurance are among the cheapest options.
Does car insurance go up at age 70 in Florida?
Senior car insurance rates may increase with age, especially after the age of 70. Insurance companies often associate aging with a higher risk of accidents.
How to reduce car insurance in Florida?
To lower Florida car insurance, shop around for quotes, bundle policies (auto/home), maintain a clean driving record, ask about discounts (safe driver, good student, defensive driving course), increase deductibles, and consider telematics programs, while also improving credit and choosing a safe car. State-mandated courses for seniors and discounts for home hardening also help.
How much is car insurance going up in Florida?
Commissioner Yaworsky recently announced a decline in auto insurance rates for Florida. For 2025, Florida's top five auto writer insurance groups are indicating an average -6.5% rate change, down from an average +4.3% in 2024 and a staggering average of +31.7% in 2023.
Did Governor DeSantis refund auto insurance?
Florida Governor Ron DeSantis announced that Progressive will refund nearly $1 billion to its auto policyholders in Florida, averaging around $300 per person, due to cost savings from state tort and insurance reforms that reduced litigation. These refunds, expected in 2026 for policies active as of late 2025, will come as bill credits or direct payments, stemming from excess profits over a state-mandated threshold, with other insurers expected to follow.
Should I keep full coverage on my paid-off car?
You should keep full coverage on a paid-off car if it's valuable, hard to replace, or you can't afford out-of-pocket repairs; otherwise, switching to liability-only saves money, especially if the car's value is low (under $4,000) compared to your deductible and premium costs. The decision depends on your risk tolerance and financial situation: full coverage protects your investment, while liability-only saves on premiums but leaves you responsible for your car's damage.
Is it better to have a $500 deductible or $1000?
It's better to have a $1,000 deductible if you can comfortably afford the higher out-of-pocket cost because it significantly lowers your monthly insurance premiums (potentially 20-40% savings), encouraging you to use insurance for major losses, not small repairs. A $500 deductible is better if you have less savings, as it means lower costs if you file a claim, but you'll pay more in premiums. The best choice balances your budget and risk tolerance, considering your savings and car's value.
Is hitting a pothole comprehensive or collision?
In general, collision coverage will pay for rim damage, as well as damage to your tires, caused by a pothole.
What auto insurance coverage should I have in Florida?
Recommendation: $25,000/$50,000 minimum coverage (depending on car age and value). Why: From hailstorms to stones hitting the side of your car because of road construction, there are many ways your car may be damaged without a crash. Homeowner's policies or business insurance may not cover these types of damages.
How can I lower my auto insurance costs?
To lower car insurance, shop around for better rates, bundle policies, increase your deductible, and ask for discounts like good driver, low mileage, or anti-theft features; you can also improve your driving record, maintain good credit, and consider usage-based insurance to show you're a safe driver, as rates vary significantly between companies and based on individual factors.
What are the five new laws in Florida?
This is what you should know about the new laws in effect in Florida.
- SB 1808 - Faster medical refunds. ...
- HB 255 - "Dexter's Law," registering animal abuse. ...
- SB 158 - No more copayment for breast examinations. ...
- HB 655 - Pet insurance regulation. ...
- SB 944 - Reducing overpayment claims for psychologists.
Who has the cheapest auto insurance in Florida?
For the cheapest car insurance in Florida, GEICO often offers the lowest rates for minimum coverage, while State Farm, Travelers, and GEICO frequently appear as top contenders for both minimum and full coverage, though rates vary significantly by driver profile and location, making comparing personalized quotes from multiple providers like Liberty Mutual and Progressive essential.
Are car insurance rates going up in 2026?
Major insurance companies aren't expected to raise rates significantly in 2026. In fact, five of the 10 largest car insurance companies in the U.S. are expected to lower their car insurance rates. Allstate has the largest estimated rate hike among major insurance companies, but it is a modest increase of just 1.98%.
Is 200 a month a lot for insurance?
Whether $200 a month for insurance is "good" depends on the type (auto vs. health) and your specifics, but for full-coverage auto insurance, $200 is around the national average, making it neither great nor terrible, while for health insurance, it might be a good deal for a low-deductible plan, but expensive for a high-deductible one. For auto, location, driving record, and coverage level matter; for health, it's about deductibles and network size.
How much is the average car insurance in Florida?
The average car insurance cost in Florida varies, but expect around $2,400-$3,900 annually ($200-$325/month) for full coverage, with minimum coverage being significantly less, though still high compared to the national average due to factors like fraud, weather, and population density. Your specific rate depends heavily on your location (Miami is pricier), age, driving record, and chosen coverage, with younger drivers and those in high-risk areas paying much more.
How to avoid high car insurance in Florida?
How to Lower Your Car Insurance Premium in Florida
- 10 Smart Tips to Save Without Cutting Essential Coverage. ...
- Shop Around and Compare Quotes Annually. ...
- Increase Your Deductibles. ...
- Bundle Your Policies. ...
- Take Advantage of Safe Driver Discounts. ...
- Consider Usage-Based Insurance. ...
- Improve Your Credit Score.
Who normally has the cheapest car insurance?
The cheapest car insurance often goes to USAA (for military/veterans) and companies like GEICO, Travelers, Nationwide, and American National, but rates vary significantly by driver profile (age, record, location) and coverage needs, with USAA and State Farm often cheapest for specific groups like young adults, seniors, or after incidents. Comparing quotes from multiple providers is essential, as no single company is cheapest for everyone.
Who has the cheapest car insurance for senior citizens?
For the cheapest car insurance for seniors, USAA often has the lowest rates if you're eligible, while national carriers like Geico, Travelers, and State Farm are frequently cited as affordable, with regional insurers like Erie Insurance offering lower prices, but it's essential to compare personalized quotes as rates vary widely. Taking defensive driving courses and bundling policies can also significantly lower costs.
What is the best auto insurance in Florida for seniors?
The Best Car Insurance for Seniors in Florida
- State Farm : Best Pay-Per-Mile Insurance.
- The Hartford/AARP : Best for AARP Members.
- Progressive : Best for DUIs.
- Allstate : Best for Bundling Home and Auto.
- Geico : Lowest Premiums.
Does Geico offer senior citizen discounts?
While GEICO doesn't have one single "senior discount," they offer significant savings for drivers 50+ through programs like their Defensive Driving Discount (for completing approved courses), a Five-Year Good Driving Discount, and other common savings like multi-policy or military/government employee discounts, often grouped under their "Prime Time" program for mature drivers to help reduce costs.