Cheapest Car Insurance For College Students in Florida 2025

Florida has some of the highest car insurance rates across the United States, with costs between 2023 and 2024 increasing over 10% and an expectation for another 7% increase thanks to the risk of damage and theft in larger cities, particularly around universities, severe weather, and inflation.

That said, there are also 40 public colleges and universities divided by the Florida College System and the State University System of Florida, which means thousands of college students need insurance coverage.

With Floridians paying an average of 62% more for their car insurance compared to other states, it’s essential that college students find ways to save money on car insurance costs.

Best Car Insurance Companies For College Students In Florida

When selecting car insurance for college students in Florida, you need to consider your priorities and pick a policy that matches your needs, whether that is low rates or comprehensive coverage.

Use the table below to see our picks for the best auto insurers for students in Florida.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Cheapest Liability-Only Car Insurance For College Students In Florida

Minimum coverage policies are often an effective way to decrease overall costs, but can leave you vulnerable in an accident. These low-cost plans will only cover the state minimum insurance needed to operate a vehicle, which means paying expenses out of pocket.

Minimum coverage policies are great options for college students as they provide the insurance needed to drive legally while keeping costs low.

As you can see from the table below, State Farm is the cheapest average option at $1,521 per year.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Cheapest Full Coverage Car Insurance For College Students In Florida

College students who commute to campus or routinely drive for work should consider a full coverage policy over minimum coverage. These plans offer additional protection, often including liability, comprehensive, and collision coverage.

While the full coverage policies offer more protection, they come at a higher cost. It’s essential to weigh the benefits of the additional insurance against the extra monthly cost.

GEICO is the cheapest full coverage car insurance policy for students in Florida, at an average annual rate of $3,602.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Cheapest Car Insurance For College Students With Low-Mileage In Florida

If you’re a college student who doesn’t plan on driving much throughout the school year, there’s no reason to pay for insurance you don’t need. While you’ll still need to maintain the state minimum auto insurance, most low-mileage policies offer discounted rates if you stay below a certain number of miles yearly.

The limit will vary between insurance companies but is usually around 7,500 to 10,000 miles annually.

Use the table below to view the cheapest low-mileage rates for college drivers in Florida.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Cheapest Car Insurance For College Students With Driving Violations In Florida

Driving violations can significantly increase the amount a driver pays for monthly coverage, regardless of age. College students will likely experience an even more significant rate increase after an accident or ticket due to their already high-risk rating.

One way to mitigate the damage of a driving violation is to work with a company like Progressive that specializes in insuring motorists with a history of tickets or accidents.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For College Students In Florida – By City

Where you live in Florida can have a significant impact on your car insurance premiums.

Use the table below to view average rates for different cities in Florida.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 18-Year-Old College Students In Florida

GEICO offers the cheapest rates for 18-year-old college drivers in Florida, at an average monthly cost of $391.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 19-Year-Old College Students In Florida

GEICO provides the cheapest policy for 19-year-old college students in Florida, averaging $379 per month.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 20-Year-Old College Students In Florida

The cheapest auto insurance rates for a 20-year-old college driver can be found with State Farm, averaging $337 per month.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 21-Year-Old College Students In Florida

The most affordable college student car insurance policy for a 21-year-old can be found at GEICO, with an average monthly cost of $239.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 22-Year-Old College Students In Florida

22-year-old student car insurance can be found from $235 per month, with a GEICO auto policy.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 23-Year-Old College Students In Florida

23-year-old college drivers can find affordable insurance from GEICO at an average monthly cost of $234.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 24-Year-Old College Students In Florida

The cheapest car insurance policy for a 24-year-old college student is $211 per month, which can be found with State Farm.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance For 25-Year-Old College Students In Florida

State Farm offers the cheapest auto policies for 25-year-old college students in Florida at $170 per month.

* These figures are estimates based on general market trends, and they may differ from your actual rate.

Average Cost Of Car Insurance On Family Policy Vs. Individual Policy

* These figures are estimates based on general market trends, and they may differ from your actual rate.

How Can College Students Save Money On Car Insurance In Florida

Unfortunately, for most college students, average car insurance rates are significantly higher than drivers in any other age group, even those in their mid to late 20s. So, if you are in college and don’t have the option of staying on the policy of another driver, you will need to find ways to keep your payment down.

You can stack several discounts depending on your provider with these tips and strategies:

Affiliation Discounts

There are some groups that partner with insurance providers to give you discounts, like alumni discounts through Nova Southeastern University or the University of West Florida.

You can usually get discounts by being part of things like honor societies, fraternities, or sororities, depending on your insurance provider.

Student Discounts

If you are 18 years or younger, companies like Progressive give you a teen driver discount automatically in Florida. This means you can save on your premium, and once you turn 19, look at other student discounts.

All students under the age of 23 who maintain a B average or better get a discount of 10% from companies like Progressive.

All students under the age of 25 who are in high school, college, or university can get a good student discount from State Farm if they have maintained one of the following in the previous semesters:

1. Ranked in the top 20% of their class
2. Maintained a B average
3. Had a GPA of 3.0 out of 4.0 or more
4. Made the Honor Roll or Dean’s List

All students 20 under the age of 20 with Allstate can save money by getting good grades as well.

GEICO offers up to 15% on certain coverage for full-time students with a good academic record.

Most people are familiar with student discounts that involve achieving good grades.

That said, student discounts go beyond grades.

Students can qualify for discounts if they attend school over 100 miles from home, and their car is stored at, or driven very little.

Note: With companies like Progressive, the student discounts that get applied to college students only apply if the student is on someone else’s policy, not their own.

Vehicle Safety Features

All college students and other drivers can be rewarded for installing vehicle safety or security features on their cars.

Crime data for the University of Florida reported 83 car thefts in 2022, the highest in the last decade. Whether you attend the University of Florida or somewhere else, devices that diminish your risk of car theft or increase the risk of locating the car once it has been stolen will decrease your premiums.

Used vs. New Cars

While the idea of a brand new car might seem like a better investment for a young college student, especially in terms of gas, newer cars tend to cost more in terms of car insurance because their repairs and replacement parts are much higher.

Common Auto Insurance Claims In Florida

Generally, there are four common types of auto insurance claims in Florida, which include:

• Collision Claims (5.8 claims per 100 years of a vehicle’s life)
• Property Damage Claims (3.36 claims per 100 years of a vehicle’s life)
• Comprehensive Claims (2.81 claims per 100 years of a vehicle’s life)
• Bodily Injury Claims (0.95 claims per 100 years of a vehicle’s life)

In Florida, the most common car insurance claims are for comprehensive coverage brought about by inclement weather such as hurricanes, lightning, wind, and floods.

Beyond that, other common auto insurance claims in Florida are for chipped or cracked windshields, rear-end accidents, backup damage, and damage to parked vehicles.

Do College Students Need Their Own Insurance, or Can They Stay On A Parent’s?

In Florida, whether or not you can remain on your parents’ policy is based on where you call home and where your vehicle resides most of the time.

Staying On A Family Car Insurance Policy

There are no age limits for how long you can remain on a parent’s policy. However, if you use your parents’ permanent address while at college or you live at home while attending college, you can typically stay on a family car insurance policy. This applies to students who live in a dorm or student housing and even extends to those who might bring their vehicle with them to college but otherwise keep it parked at home.

Read More: What Happens If I Don’t Add My Teenager To My Car Insurance?

Keeping Your Own Coverage As A College Student

As soon as you change your permanent residence to your own home and your vehicle comes with you, you have to buy your own insurance policy.

Read More: Can a 17-Year-Old Get Their Own Car Insurance?

How To Get Discounts

Some of the easiest ways to get discounts on coverage is through programs like loyalty discounts, good driving behavior, and good grades as offered by your car insurance provider.

In addition to the option for affiliation discounts and student discounts listed above, some of the other options you might consider involve the following:

1. Being a ‘student away’ where your main vehicle is parked at home while you attend college far away
2. Driving limited miles with your vehicle
3. Having multiple vehicles or multiple Insurance products under the same policy
4. Paying your insurance annually instead of monthly
5. Being accident-free without any claims for several years in a row

Other options can include affiliations like the military or government discounts as well as discounts from an employer.

How To Buy Car Insurance As A College Student In Florida

Finding your first auto insurance policy, especially if you are not covered under that of a parent or guardian, can be stressful.

Platforms like Insuranceopedia make the car insurance shopping experience easy and enjoyable.

Using such websites makes it easy to compare the rates you would get for the same set of circumstances from different providers. This can help you determine whether the good student discount provided by State Farm might be higher than what’s provided by GEICO or whether affiliation discounts combined with good student discounts from State Farm are better than what you get from GEICO or any number of other providers in the state.

Below is a step-by-step process for buying car insurance as a college student in Florida:

Step 1

Have personal information ready, including things like your driver’s license number and vehicle information.

Step 2

Figure out what level of coverage you want and can afford, including the Florida state minimums, any additional coverage you might prefer, and what deductible you can afford.

Step 3

Compare several companies using online sites so that you can look at the same quote based on the same information from at least three companies.

Step 4

Purchase your policy either in person or online. Make sure that if you are switching to a new provider, you let your old insurance provider know that you are making the switch.

Florida Car Insurance Laws To Know

Florida requires all drivers to carry insurance if they plan on operating a vehicle. State law indicates you must purchase a policy from a licensed provider and maintain coverage throughout your registration period.

You must also have continual coverage even if your vehicle is inoperable or not being driven.

Florida requires that all drivers carry no-fault insurance prior to registering or driving a vehicle within the state lines. No-fault insurance facilitates faster and easier claims processes because you don’t have to prove to your insurance provider or another insurance provider who was at fault in order to have claims potentially approved.

Florida is a no-fault state, and that means it doesn’t matter who is at fault in an accident; you will be liable for some part of the cost. For that reason experts recommend that those who can afford it purchase higher levels of coverage beyond the state required minimums which are as follows: Personal Injury Protection (PIP) with a minimum of $10,000 in PIP and PDL (Personal Damage Liability.)

There are some additional requirements based on your circumstances. For example, if you are in a car accident that causes severe injury or fatality to other drivers, you will also need an SR-22 form filed on your behalf.

Compare College Student Rates To Other U.S. States

* These figures are estimates based on general market trends, and they may differ from your actual rate.