Cheapest Car Insurance For College Students in Florida 2025
GEICO is one of the best car insurance companies for college students in Florida. State Farm is the cheapest provider, with an average annual rate of $1,521.
We’ve saved shoppers an average of $600 per year on their car insurance.
Florida consistently ranks among the most expensive states for auto insurance. Between 2023 and 2024, average premiums climbed by more than 10%, and experts anticipate another 7% increase driven by factors such as severe weather, inflation, and higher risks of theft and accidents in densely populated college towns.
The state is home to 40 public colleges and universities, split between the Florida College System and the State University System of Florida. With thousands of students needing coverage, the challenge of finding affordable insurance is widespread.
On average, Floridians pay about 62% more for car insurance compared to drivers in other states, making it critical for college students to explore every possible discount and savings strategy. From good‑student discounts to bundling policies with family members, finding ways to cut costs can make a significant difference in keeping insurance affordable while pursuing a degree.
Key Takeaways
Student drivers in Florida must have car insurance that meets the state’s minimum requirements.
State Farm offers the cheapest insurance policy for students in Florida, at an average annual rate of $1,521.
There are multiple ways to reduce the cost of car insurance for students in Florida.
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.
| Company | Average Rate Per Year |
| GEICO | $3,602 |
| State Farm | $4,118 |
| Travelers | $4,506 |
| Progressive | $4,697 |
| Farmers | $4,724 |
* 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.
| Company | Average Rate Per Year |
| State Farm | $1,521 |
| GEICO | $1,580 |
| Allstate | $1,819 |
| American Family | $1,744 |
| Nationwide | $1,833 |
* 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.
| Company | Average Rate Per Year |
| GEICO | $3,602 |
| State Farm | $4,118 |
| Travelers | $4,506 |
| Progressive | $4,697 |
| Farmers | $4,724 |
* 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.
| Company | Average Rate Per Year |
| State Farm | $2,658 |
| GEICO | $2,682 |
| Travelers | $2,801 |
| American Family | $2,852 |
| Nationwide | $2,958 |
* 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.
| Company | Average Rate Per Year |
| Progressive | $4,697 |
| State Farm | $4,821 |
| GEICO | $5,188 |
| Allstate | $5,491 |
| Farmers | $6,144 |
* 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.
| City | Average Monthly Cost |
| Orlando | $339 |
| St. Petersburg | $350 |
| Fort Lauderdale | $366 |
| Tampa | $373 |
| Miami | $390 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| GEICO | $391 |
| State Farm | $418 |
| Travelers | $520 |
| UAIC | $661 |
| Progressive | $722 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| GEICO | $379 |
| State Farm | $382 |
| Travelers | $427 |
| AIG | $461 |
| United Auto | $511 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| State Farm | $337 |
| GEICO | $349 |
| Travelers | $368 |
| AIG | $422 |
| United Auto | $474 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| GEICO | $239 |
| State Farm | $278 |
| Travelers | $301 |
| Farmers | $382 |
| Progressive | $410 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| GEICO | $235 |
| State Farm | $266 |
| Progressive | $369 |
| Farmers | $374 |
| Allstate | $612 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| GEICO | $234 |
| State Farm | $253 |
| Progressive | $352 |
| Farmers | $356 |
| Allstate | $562 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| State Farm | $211 |
| Travelers | $216 |
| GEICO | $220 |
| Progressive | $331 |
| Allstate | $392 |
* 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.
| Car Insurance Provider | Average Monthly Cost |
| State Farm | $170 |
| Travelers | $188 |
| GEICO | $210 |
| Progressive | $286 |
| Allstate | $319 |
* 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
| Insurance Company | Family Policy | Individual Student Policy |
| State Farm | $434 | $379 |
| GEICO | $546 | $479 |
| Progressive | $551 | $685 |
| American Family | $368 | $398 |
| Nationwide | $364 | $617 |
* 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
Car insurance rates in Florida are among the highest in the nation, and college students often face even steeper premiums compared to older drivers. If staying on a parent’s policy isn’t an option, here are several strategies to help reduce costs and keep coverage affordable.
Student-Specific Discounts
Florida insurers offer a variety of discounts tailored to students:
- Teen driver discount: Progressive automatically applies this for drivers under 18.
- Good student discount: Progressive gives up to 10% off for students under 23 who maintain a B average or better.
- Academic achievement savings: State Farm offers discounts for students under 25 who rank in the top 20% of their class, maintain a GPA of 3.0 or higher, or make the Honor Roll/Dean’s List.
- Under-20 savings: Allstate provides discounts for students under 20 with strong grades.
- GEICO academic discount: Up to 15% off certain coverage for full-time students with good records.
- Distant student discount: If you attend school more than 100 miles from home and rarely drive your car, you may qualify for reduced rates.
Vehicle Safety Features
Florida’s high car theft rates make safety upgrades especially valuable. For example, the University of Florida reported 83 car thefts in 2022—the highest in a decade. Installing anti-theft devices, GPS trackers, or advanced safety systems can lower premiums by reducing risk.
Choosing Between Used And New Cars
While a new car may seem appealing, it often comes with higher insurance costs. Because newer vehicles are more expensive to repair or replace, insurers charge more to cover them. Opting for a reliable used car can help keep premiums manageable for students.
Affiliation Discounts
Membership in certain organizations can unlock savings. Florida insurers may offer discounts for students affiliated with fraternities, sororities, honor societies, or alumni groups. Some universities, like Nova Southeastern University and the University of West Florida, even partner with insurers to provide alumni discounts.
Discounts can help college students save money, but every policy is different. With PolicyOwl, you can upload your current policy and instantly see whether your student driver is fully protected.
How To Buy Car Insurance As A College Student In Florida
For many Florida college students, purchasing car insurance for the first time can feel overwhelming—especially if you’re not covered under a parent or guardian’s policy. Thankfully, comparison platforms like Insuranceopedia make the process easier by letting you review multiple quotes side by side. This allows you to see whether discounts from State Farm, GEICO, or other providers stack up best for your situation.
Step 1: Compare Multiple Quotes
Start by gathering at least three quotes from different insurers. Using online platforms ensures you’re comparing the same coverage levels across providers, making it easier to spot the best deal.
Step 2: Decide On Coverage Levels
Florida law requires minimum liability coverage, but you may want to add collision or comprehensive protection depending on your car’s age and value. Think carefully about deductibles too—choosing a higher deductible can lower your monthly premium, but make sure it’s an amount you can afford if an accident occurs.
Step 3: Gather Essential Information
Before requesting quotes, have your details ready. You’ll need your driver’s license number, vehicle information, and personal details for anyone else on the policy. Having this information upfront ensures accurate quotes and avoids delays.
Step 4: Purchase And Transition Smoothly
Once you’ve chosen the best policy, complete the purchase online or in person. If you’re switching providers, notify your old insurer to avoid billing overlaps and ensure a seamless transition.
Do College Students Need Their Own Insurance, Or Can They Stay On A Parent’s?
For Florida college students, whether you need your own car insurance or can remain on a parent’s plan depends on where you live and where your vehicle is primarily kept. Let’s break down the scenarios.
When Students Need Their Own Policy
If you establish a permanent residence separate from your parents and bring your vehicle with you, insurers generally require you to purchase your own policy. This ensures coverage reflects the location where the car is primarily parked and driven.
Staying On A Family Policy
Unlike health insurance, auto insurance does not impose age limits. As long as you live at home or continue to use your parents’ permanent address while attending college, you can remain on their plan. This applies even if you live in a dorm or student housing, or if you occasionally bring your vehicle to campus but keep it parked at your parents’ home most of the time.
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
| State | Average Annual Premium |
| Alabama | $3,460 |
| Alaska | $3,276 |
| Arizona | $3,412 |
| Arkansas | $3,557 |
| California | $4,016 |
| Colorado | $3,937 |
| Connecticut | $3,325 |
| Delaware | $3,663 |
| Florida | $4,294 |
| Georgia | $3,570 |
| Hawaii | $3,117 |
| Idaho | $3,028 |
| Illinois | $3,132 |
| Indiana | $3,115 |
| Iowa | $3,230 |
| Kansas | $3,500 |
| Kentucky | $3,828 |
| Louisiana | $4,483 |
| Maine | $2,775 |
| Maryland | $3,346 |
| Massachusetts | $3,326 |
| Michigan | $3,952 |
| Minnesota | $3,511 |
| Mississippi | $3,608 |
| Missouri | $3,582 |
| Montana | $3,793 |
| Nebraska | $3,502 |
| Nevada | $3,660 |
| New Hampshire | $2,865 |
| New Jersey | $3,502 |
| New Mexico | $3,649 |
| New York | $3,470 |
| North Carolina | $3,341 |
| North Dakota | $3,265 |
| Ohio | $3,017 |
| Oklahoma | $3,738 |
| Oregon | $3,278 |
| Pennsylvania | $3,472 |
| Rhode Island | $3,661 |
| South Carolina | $3,422 |
| South Dakota | $3,880 |
| Tennessee | $3,277 |
| Texas | $3,643 |
| Utah | $3,425 |
| Vermont | $2,919 |
| Virginia | $3,069 |
| Washington | $3,208 |
| West Virginia | $3,605 |
| Wisconsin | $3,264 |
| Wyoming | $3,358 |
* These figures are estimates based on general market trends, and they may differ from your actual rate.
Our Methodology
To find the cheapest car insurance rates for college students in Florida, we analyzed findings from numerous insurance rating sites, some of which analyzed rates from public filings obtained by Quadrant Information Services. We also utilize the combined 25 years of experience from our team of insurance experts to evaluate each carrier.
It’s important to note that even though the rates listed in this guide are accurate, premiums shift daily and can fluctuate based on each driver.
About Doug Schaffer
