June 14, 2021

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Best Cheap Car Insurance in Orlando | Bankrate

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Finding the best cheap car insurance in Orlando can save you hundreds of dollars per year. When shopping for car insurance quotes, you could see a difference of $700 or more per year from one carrier to another. That’s because Florida has one of the highest average car insurance premiums in the country, with drivers paying $2,544 annually for full coverage car insurance.

There are over 1,000,000 registered autos and pickups in Orange County, with a significant portion in Orlando. In fact, each household owns an average of two cars. Average car insurance rates for the metropolitan area are $987 for minimum-required coverage and $2,597 if you opt for full car insurance, which is only slightly higher than the state average.

To find the cheapest car insurance Orlando rates, we examined rates, coverage options and customer reviews.

Best car insurance companies in Orlando

Choosing the best cheap car insurance in Orlando requires more than finding the lowest price possible. Working with an insurance company that pays claims promptly and is there to support you after an accident is just as important.

Insurance Company J.D. Power Overall Customer Satisfaction Score Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Geico 846 / 1,000 $656 $1,900
State Farm 826 / 1,000 $724 $1,721
Allstate 851 / 1,000 $732 $2,140
Progressive 834 / 1,000 $1,135 $2,461

Geico

For those who need the cheapest car insurance premiums in Orlando, Geico’s rates for the minimum required amount of coverage are the lowest. The Geico coverage calculator helps estimate what your monthly payments will be and find other ways to save on Orlando car insurance.

You won’t trade good customer service and speedy claims for low prices when you choose Geico’s cheapest coverage, either. Customers who participated in J.D. Power’s 2020 Auto Insurance Study survey rated Geico as #2 in claims satisfaction for Florida.

State Farm

State Farm’s minimum coverage costs slightly more than Geico’s, but it offers the cheapest full coverage car insurance in Orlando. And there is plenty of value for the money; if your car is stolen or declared a total loss, the carrier’s Payoff Protector will reimburse the full value of the vehicle.

In addition to options such as Payoff Protector, roadside assistance and rideshare coverage, State Farm also offers plenty of discounts, including driver’s training, bundling of policies and good driver discounts.

Allstate

Allstate ranks highest in customer satisfaction in Florida, according to J.D. Power. Customers liked the competitive policy pricing, ease in the claims process and variety of coverage options. Claims can be filed by phone, online or the Allstate mobile app.

Its wide network of local agents is a big contributor to the insurance company’s success. If you have any questions or need help filing or tracking a claim, there’s likely an Orlando Allstate agent nearby and ready to help.

Progressive

Progressive is typically known as a low-cost carrier, but its rates are higher than average in Orlando. Nevertheless, it still ranks as one of the best cheap car insurance providers in Orlando. The company’s Name Your Price web tool is popular among consumers, who can enter how much they’d like to pay and immediately determine how much car insurance they can afford.

Progressive is an ideal choice for drivers with a history of accidents and claims. Progressive’s Snapshot program allows the mobile app to track policyholder driving habits and offers extra savings on their auto insurance for driving safely.

Cheapest car insurance in Orlando

Florida’s average auto insurance premiums are $895 for minimum coverage and $2,544 for full coverage — one of the most expensive states in the country for coverage. The four cheapest car insurance companies in Orlando mostly offer premiums below the overall Florida average.

The following table looks at the cheapest car insurance in Orlando, and we’ve provided the average annual premiums from the most popular carriers based on market share. Any given driver’s actual premium from each company will depend largely on their financial situation and driver profile. And every driver has different needs from their insurance company.

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Geico $656 $1,900
State Farm $724 $1,721
Allstate $732 $2,140
Progressive $1,135 $2,461
MetLife $1,394 $3,655

Geico is probably the best choice for those who can only afford the minimum amount of coverage to legally drive in Orlando. At the same time, Progressive is probably more affordable for drivers with recent accidents and claims. For those with a newer model vehicle or who are required to purchase full coverage due to a car loan, State Farm’s full coverage is the cheapest.

Allstate is always a popular choice with consumers; their policies are not the cheapest, but they’re competitive and have a great reputation. MetLife is a good option for those who can purchase coverage through their workplace or bundle it with other coverage types, such as home or life insurance.

Orlando insurance requirements

Drivers in Orlando are required under Florida state law to carry liability and injury coverage. Florida has the highest number of uninsured motorists in the country, so expect to buy uninsured motorist coverage. The minimum amounts are as follows:

  • Bodily injury: $10,000 per person and $20,000 per accident
  • Property damage: $10,000 per accident
  • Uninsured motorist coverage: $10,000 per person and $20,000 per accident
  • Personal injury protection: $10,000

While it’s legal to drive for those who carry these coverage minimums, it’s not likely to be enough to provide adequate protection for most drivers. If damages exceed the low policy limits, the policyholder will need to pay out of pocket, which can get expensive quickly. In addition, the minimum coverage won’t protect the vehicle or property if you cause an accident or if your car is damaged by foul weather, which is common in Florida. It’s a good idea to consider adding comprehensive and collision coverage for full protection to avoid unnecessary expenses.

Car insurance discounts in Orlando

Some discounts offered by most providers that Orlando residents might find useful include:

  • Student discounts: Orange County has the largest school district in Central Florida, and insuring younger people is typically more expensive. Teens or college students should take advantage of the good student discounts available.
  • Senior driver discounts: Florida is also home to a large population of older drivers. Many insurance companies offer discounts to people who are 60 and older.
  • Affiliate program discounts: Orlando is home to large employers, such as The Walt Disney Company, Universal Studios and Advent Health. Many of these organizations offer discounts to their employees through certain insurance providers.
  • Defensive driver discounts: Whether you’re a new driver or a senior, brushing up on your driving skills by taking a defensive driving course can reduce your risk of causing an accident and save money on your car insurance premiums.

Frequently asked questions

What is the best car insurance company?

There is no one best auto insurance carrier because everyone’s needs are different and rates vary widely based on driving history, insurance coverage type, credit score and other factors. There are several car insurance companies worth considering, though. It’s a good idea to get quotes from a few insurers to find the best provider for your needs.

How much does car insurance in Orlando cost?

The average cost of car insurance in Orlando is $987 for minimum coverage and $2,597 for full car insurance. Check out how that compares to the rest of the country.

How much car insurance do I need in Orlando?

The minimum required by the State of Florida is listed below, although it’s usually a good idea to consider purchasing more coverage to avoid paying out of pocket for expensive repair costs:

  • Bodily injury: $10,000 per person and $20,000 per accident
  • Property damage: $10,000 per accident
  • Uninsured motorist coverage: $10,000 per person and $20,000 per accident
  • Personal injury protection: $10,000

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a cleaning driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

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