Geico
Geico is known as one of the cheapest car insurance companies, and, of the carriers we assessed, it offers the cheapest average rates for Miami drivers looking for minimum coverage. In addition to cheap average premiums, Geico also offers a variety of discounts for further savings. Additional coverage options include emergency road service, rental reimbursement and mechanical breakdown insurance. Although it offers some valuable add-ons, those looking for rideshare or gap insurance will have to look elsewhere.
Learn more: Geico Insurance review
State Farm
State Farm is a well-known insurance provider, and many Miami drivers rely on the company for their insurance needs. Even though State Farm offers lower-than-average car insurance rates in Miami, drivers may save even more with its Drive Safe and Save telematics program. While State Farm has several online tools and a highly-rated mobile app, it does not offer many add-on coverage choices and has limited discount offerings.
Learn more: State Farm Insurance review
Progressive
Progressive’s car insurance policies offer customizable coverage options, including roadside assistance, custom parts coverage and rideshare insurance. Progressive also features the Name Your Price Tool, which can help you identify coverage options that meet your budget. Although it offers a decent list of discounts, its average rates for minimum coverage are slightly higher than the Miami average. Progressive also came in below average in the Florida region for customer satisfaction in the J.D. Power Auto Insurance Study.
Learn more: Progressive Insurance review
Allstate
Allstate earned second place in Florida for overall customer satisfaction in J.D. Power’s auto insurance study. While Allstate has higher-than-average rates for Miami, it offers a variety of add-on coverage options and discounts, including a disappearing deductible program that lowers your premium by $100 for each claims-free year, up to $500. Increasing your deductible could offset the higher premium, as long as you can afford the higher out of pocket cost if you are involved in an accident.
Learn more: Allstate Insurance review
National General
If you’re a high-risk driver or only need basic Florida car insurance, National General may fit your needs. Miami drivers may be able to save with National General’s DynamicDrive telematics program, along with other potential discounts, like bundling home and auto, low mileage, going paperless and being a safe driver. However, the carrier has the most expensive average rates on our list and did not make the J.D. Power ranking for customer satisfaction in the Florida region.
Learn more: National General Insurance review
