New report: Most and least expensive Florida cities for auto insurance

Also in this analysis are the top 10 vehicles with highest annual premiums in the state, based on factors such as repair costs and technician proficiency

Austin, Texas—InsuranceQuotes.com’s newly released report provides a big picture analysis on the state of Florida’s auto insurance market. The report also includes a metro area by metro area breakdown, along with an analysis of statewide trends and demographic differences, as well as additional factors.

“The state is struggling to bring down the number of uninsured drivers, making insurance more expensive for everyone else on the road,” said Michael Giusti, an insuranceQuotes.com analyst and author of the report.

The report features a ranking of the most and least expensive cities for auto insurance among the state’s top 100 most populous cities. The most expensive metro area is Miami-Fort Lauderdale-West Palm Beach ($9,707.87), followed by Tampa-St. Petersburg-Clearwater ($8,559.76) and Lakeland-Winterhaven ($7,164.93). 

Of the top 100 most populated cities, below are the cities with the most expensive premiums

Individual City	Avg Annual Premium
1. Miami Gardens	$10,503.60
2. Lake Worth	$10,458.72
3. Opa-locka	$10,402.78
4. Hialeah	$10,379.91
5. Town ‘n’ Country	$10,314.32
6. West Palm Beach	$10,273.51
7. Boynton Beach	$10,133.54
8. Lauderdale Lakes	$10,130.36
9. Delray Beach	$10,040.20
10. Miami	$9,989.55

Least expensive premiums of the top 100 most populated cities

Individual City	Avg Annual Premium
1. Punta Gorda	$5,733.99
2. Port Charlotte	$5,738.64
3. Venice	$5,845.94
4. North Port	$5,862.69
5. Bonita Springs	$5,868.42
6. Fort Walton Beach	$5,930.24
7. Panama City	$5,945.29
8. Gainesville	$5,957.71
9. The Villages	$6,029.11
10. Crestview	$6,036.13

Audi A6 drivers paid the highest average premium at $9,108, followed closely behind by Tesla Model 3 drivers who paid an average premium of $9,091. Ford F-series truck drivers paid the least on average, coming in at an average premium of $6,300, with Honda CR-Vs coming in at $6,653. 

Rates differ by vehicle for several reasons. One is that some vehicles tend to sustain more damage in wrecks than others, which is one of the criticisms of electric vehicles, such as the Tesla. The Chevy Bolt, however, was in the middle of the pack in terms of insurance costs. 

Vehicles tend to cost less to insure if there is more access to aftermarket repair parts and more technicians who know how to make the repairs. And in general, more expensive vehicles cost more to insure because if they are totaled, replacing them costs more.  

Vehicles with highest annual premiums in Florida

Vehicle	Avg Annual Premium
Audi A6	$9,108.57
Tesla Model 3	$9,091.29
Lexus ES	$8,619.01
Cadillac Escalade	$8,461.94
Nissan Altima	$8,239.61
Toyota Camry	$7,546.84
Honda Accord	$7,470.43
Acura MDX	$7,423.58
BMW X3	$7,399.96
Chevy Bolt	$7,255.62
Toyota Corolla	$7,177.44
Dodge Ram	$7,164.34
Nissan Titan	$7,068.48
Chevy Silverado	$6,720.02
Honda CR-V	$6,653.96
Ford F- Series Truck	$6,300.59