Florida is 2nd most expensive for car insurance, study says

TAMPA, Fla. (WFLA) – Florida may be the 12th best for driving, but that doesn’t mean it’s not expensive. However, one of the downsides of driving in the Sunshine State is the high cost of car insurance.

According to a new study of insurance costs b ValuePenguin, Florida is the second most expensive state when it comes to the average cost of car insurance in the country. The study looked at liability-only coverage and full coverage for drivers across the United States.

Of all 50 states and the District of Columbia, Florida was the second highest, with an average cost of $238 per month for comprehensive insurance. The study also found higher insurance rates for young drivers than any other age group.

The total cost of car insurance is estimated at $584 per month compared to $143 per month for a 35 year old driver.

“The average cost of individual car insurance can be significantly reduced between the ages of 18 and 25, as insurance companies often consider older drivers to be less risky and less likely to file a claim ,” the study said.

In addition, male drivers have higher monthly premiums compared to drivers in their 20s. Women have the lowest monthly cost. Non-binary drivers fall in the middle. The analysis showed that while women pay $126 a month on average for insurance, men pay $142, and non-drivers pay $129. once. However, not all states have different rates for drivers based on gender identity.

California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, and Pennsylvania have regulations that ensure drivers pay the same rate if all else is equal, instead of adjusting rates for gender.

Driving under the influence can also affect your insurance premiums. In Florida, if you have a DUI, your insurance can go up by 54% per month.

Married Floridians on average will receive a 4% discount, according to ValuePenguin. While most states have discounts for married couples, Hawaii, Massachusetts, and Montana do not, the study said.

The top 10 most expensive for car insurance, according to the study.

State Liability only Full coverage
Michigan $196 $399
Florida $91 $238
Rhode Island $100 $229
Nevada $97 $216
Louisiana $73 $198
Massachusetts $61 $178
Connecticut $80 $171
Delaware $84 $171
Kentucky $73 $170
Colorado $60 $168
(Source: ValuePenguin)

ValuePenguin also analyzed the prices based on it where Florida residents live.

This chart shows the most expensive cities for car insurance in Tampa Bay, their monthly rates and how much they differ from the state average.

City Monthly Cost Deviation from the Average
Apollo Beach $268 +13%
Auburndale $230 -4%
Avon Park $204 -14%
Bartow $217 -9%
Bay Pines $254 +6%
Bayonet Point $269 13%
Bayshore Gardens $231 -3%
Belleair Beach $250 +5%
Beverly Hills $208 -13%
Bradenton $221 -7%
Brandon $288 +21%
Brooksville $232 -3%
Carrollwood $307 +29%
Clear water $255 +7%
Davenport $227 -5%
Dunedin $255 +7%
Egypt Lake-Leto $329 +38%
Englewood $193 -19%
Gulfport $261 +9%
City of Haines $226 -5%
main view $273 +14%
Lakeland $223 -6%
Turn on $212 -11%
New Port Richey $265 +11%
North Town $194 -18%
Oldsmar $254 +6%
Palm Harbor $256 +8%
Palmetto $228 -4%
Sarasota $212 -11%
Sebring $201 -16%
Seffner $281 +18%
Siesta Key $209 -12%
Springhill $210 -12%
St. Petersburg $260 +9%
Tampa $306 +28%
Very Big $301 +26%
Eat them $205 -14%
Wachee Gardens Week $236 -1%
Winter Haven $231 -3%
(Source: ValuePenguin)

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