Florida Teens: Best Auto Insurance Companies

Car insurance for teens is much more expensive than for older drivers, as teens are more likely to get into accidents. When parents add a teen to their policy, it’s normal for costs to double. However, there are some insurance companies that offer good rates for teens, which can help keep costs low.

According to recent studies, the best car insurance companies for teens in Florida include Allstate, USAA, State Farm, Nationwide, Progressive, Liberty Mutual, Travelers, Geico, American Family, and Farmers.

Cheapest teen driver auto insurance in Florida

Overview

Florida auto insurance for teens is expensive, but some companies offer more affordable rates than others. The cost of Florida car insurance for insuring a teen driver will vary based on the teen’s driving record and location in the state.

Top 10 Cheapest Teen Driver Auto Insurance Companies in Florida

According to AutoInsurance.org, the following companies offer the cheapest teen driver auto insurance in Florida:

• Allstate
• USAA
• State Farm
• Nationwide
• Progressive
• Liberty Mutual
• Travelers
• Geico
• American Family
• Farmers

Factors Affecting Teen Auto Insurance Rates in Florida

Several factors can influence the cost of teen auto insurance in Florida, including:

• Age: Rates tend to decrease as teens get older and gain more driving experience.
• Gender: In general, male drivers pay more on average than female drivers.
• Driving Record: Accidents, DUIs, and tickets can significantly increase teens' rates.
• Location: Rates can vary by city, with Miami being one of the most expensive places to purchase auto insurance.
• Policy Type: Joining a parent's policy is typically cheaper than a teen purchasing their own insurance.
• Coverage Level: Minimum coverage is cheaper but provides less protection than full coverage.

Tips for Getting Cheaper Teen Auto Insurance in Florida

To get cheaper teen auto insurance in Florida, consider the following:

• Compare Rates: Shop around and compare quotes from multiple companies.
• Discounts: Look for companies that offer discounts for teens, such as good student discounts or safe driving discounts.
• Full Coverage: While more expensive, full coverage provides more comprehensive protection in the event of an accident.
• Add to Parent's Policy: Adding a teen to a parent's policy is usually cheaper than a separate policy.
• Bundle Policies: Combining auto insurance with other types of insurance, such as renters or homeowners insurance, can often result in discounts.

Discounts for young drivers

Young drivers in Florida can save money on their car insurance by taking advantage of various discounts offered by insurance companies. Here are some of the most common discounts available to young drivers:

Good Student Discount

It is common for car insurance companies to offer discounts to full-time students who maintain good grades. For example, Allstate offers a good student discount to unmarried drivers under 25 years of age who have at least a B- average. State Farm also offers up to a 25% savings for students with good grades, up to age 25 or their last year of school.

Safe Driving Course Discount

Many insurance companies, including Geico, State Farm, Allstate, and Travelers, offer discounts to young drivers who complete approved driver safety training courses. These courses help to teach young and inexperienced drivers the rules of the road and promote safe driving habits.

Distant Student Discount

If a young driver attends college away from home and leaves their car behind, they may be eligible for a lower insurance rate. This discount is typically offered to students who live 100 or more miles away from their permanent address.

Usage-Based Insurance

Usage-based insurance programs, such as Nationwide's SmartMiles program, offer coverage with a premium that changes each month depending on the number of miles driven. This can be a cost-effective option for young drivers who do not drive frequently.

Multi-Vehicle Discount

Adding another vehicle to an existing insurance policy can often result in a discount. This can be especially beneficial for families with multiple vehicles, including those driven by young drivers.

Group Discounts

Some insurance companies, such as Farmers, offer group discounts for different occupations or associations. Young drivers who are members of certain groups or associations may be eligible for these discounts.

Safe-Driving Discounts

Insurance companies like Liberty Mutual offer discounts for safe driving habits. These discounts encourage young drivers to maintain a good driving record and practice safe driving behaviours.

Accident Forgiveness

Some insurance companies, such as Travelers, offer accident forgiveness programs that help keep rates low for safe teen drivers. This means that if a young driver has an at-fault accident, their insurance rates will not increase as a result.

By taking advantage of these discounts and comparing rates from multiple insurance providers, young drivers in Florida can find more affordable car insurance options. It is important for young drivers and their parents to carefully review the coverage options, discounts, and customer reviews before choosing an insurance company.

Best for deductible options

Nationwide is a great option for teens in Florida who want flexibility with their deductibles. Deductibles are the amount you pay out of pocket before insurance coverage kicks in. With Nationwide, teens can raise or lower their deductibles to meet their budget, and the company will also lower deductibles for each year of safe driving. This can help keep premiums low, but it's important to remember that if an accident occurs, there will be higher out-of-pocket costs.

Nationwide also has high financial stability ratings and offers a UBI (usage-based insurance) program called SmartRide that can help teens save on their premiums. However, it is not sold in all states and does not offer rideshare insurance.

Best for UBI discount

When it comes to UBI discounts for auto insurance in Florida, there are a few companies that stand out. Here is a detailed overview of the best options for teens:

Progressive: Best for UBI Discount

Progressive offers a UBI program called Snapshot, which provides high savings for teen drivers. With Progressive's Name Your Price tool, teens can find out how much coverage they can afford. In addition to the UBI discount, Progressive also offers various add-on coverages, such as roadside assistance and loan/lease payoff. However, it's important to note that Progressive may raise rates if you score poorly on their UBI program. Their customer service ratings are also just average.

Nationwide: Best for Deductible Options and UBI

Nationwide is another great option for teens in Florida. They offer a UBI program called SmartRide, which offers a discount of up to 40%. Additionally, Nationwide provides deductible options, allowing teens to raise or lower their deductibles to meet their budget. Nationwide also has high financial stability ratings and is ranked #1 in Customer Satisfaction among Usage-Based Auto Insurers by J.D. Power. However, Nationwide is not sold in all states, and they do not offer rideshare insurance.

Liberty Mutual: Best for Safe-Driving Discounts

Liberty Mutual is available in all states and offers a UBI program called RightTrack, which provides discounts for safe driving. They also have various add-on coverages, such as gap insurance and roadside assistance. However, Liberty Mutual's rates are most competitive for teen drivers with clean driving records. Their customer satisfaction ratings are just average.

American Family: Best for Claims Service and UBI

American Family offers a UBI program called KnowYourDrive, which provides discounts for safe driving. They also have good ratings for customer service and claims service. However, American Family is only available in less than half of the U.S. states, and their rates may not always be as competitive as larger companies.

When considering UBI discounts for auto insurance in Florida, it's important to compare the discounts and features offered by each company to find the best fit for your needs and driving habits.

Best for safe-driving discounts

Safe driving discounts are a great way to save on auto insurance for teens in Florida. Here are some of the best insurance companies offering safe-driving discounts for teens:

Liberty Mutual:

Liberty Mutual offers safe-driving discounts for teens in Florida. They provide discounts for safe driving and have a wide range of add-on coverages, such as gap insurance and roadside assistance. Liberty Mutual is available throughout the state, making it a convenient option for teens and their families. However, they have just average ratings for customer satisfaction and claims handling.

State Farm:

State Farm is another option for safe-driving discounts. They offer a good student discount for students with a B+ average or higher and have a Drive Safe & Save UBI program where teen drivers can earn discounts for safe driving. State Farm also provides high levels of customer satisfaction and is known for its local agents, making it easy to find an agent no matter where you live in Florida.

Progressive:

Progressive offers a UBI discount called Snapshot, which offers high savings for teen drivers in Florida. Their Name Your Price tool allows teens to see how much coverage they can afford. However, it's important to note that Progressive may raise rates if you score poorly on the UBI program.

Allstate:

Allstate provides an accident forgiveness program that won't raise rates after an accident, which can be beneficial for teens who are new to driving. They also offer bundling discounts for teens who have moved out and need both renters and auto insurance. While Allstate has affordable rates, their J.D. Power ratings for customer satisfaction vary from year to year.

USAA:

USAA is a great option for military families in Florida. They offer safe-driving discounts, such as a good student discount for students with a B average or higher and a driver training discount for teens who complete a basic driver education course. USAA also provides high customer satisfaction and financial ratings, with coverage available across all 50 states.

Frequently asked questions