2023 Florida Car Insurance Rates

State Farm has the most affordable vehicle insurance in Florida, with an average monthly premium of $144 for full coverage.

Takeaways from the Milipaper

  • State Farm has the lowest overall vehicle insurance rates in Florida, just $144 per month for full coverage.
  • The average monthly cost of vehicle insurance in Florida is $300 for full coverage.
  • Comparing quotes from at least three insurers is the best method to discover affordable auto insurance in Florida.

To securely traverse Florida’s roadways, you’ll need vehicle insurance, particularly because the Insurance Research Council estimates that one out of every five drivers does not have auto insurance, according to 2019 statistics.

However, obtaining low-cost vehicle insurance in Florida is not always simple. According to Our study, the average cost of complete coverage in Florida is the second highest in the nation.

Tips

Have your rates risen? In Florida, car insurance costs are rising. receive quotations from three or more organizations to ensure you receive the best deal possible.

Continue reading to learn about the cheapest auto insurance in Florida based on age and driving history, as well as the state-mandated minimum standards. Check out our list of the top car insurance in Florida if you’re seeking the greatest vehicle coverage.

How we choose the most affordable firms in Florida

Our editorial team analyzed car insurance rates from 12 Florida auto insurers and listed the five cheapest options for drivers of various ages and backgrounds, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect Florida’s minimum requirements. We utilized the following coverage limitations for complete coverage:

  •  Each individual is subject to a $100,000 bodily harm liability.
  •  Bodily injury liability of $300,000 per accident.
  •  Property damage liability of $50,000 per accident.
  •  Uninsured motorist coverage of $100,000 per person.
  •  Uninsured motorist coverage of $300,000 per accident.
  •  Collision protection with a $1,000 deductible.
  •  All-inclusive coverage with a $1,000 deductible.

Florida vehicle insurance is inexpensive.

Auto insurance is a vital investment, but it isn’t always simple to locate affordable auto insurance in Florida. Comparing prices from various insurers is the best approach to discovering affordable auto insurance.

According to our most recent review of full coverage car insurance prices in Florida, State Farm is the cheapest auto insurance carrier in Florida, charging an average of $1,731 per year, or $144 per month. Meanwhile, the average annual cost of full coverage auto insurance in Florida is $3,605, or about $300 per month.

On average, the minimum coverage in Florida is $1,006 per year, however, we discovered that you may likely acquire cheaper insurance. State Farm, for example, has the lowest rates in Florida, averaging $338 a year for minimum coverage car insurance for a 35-year-old motorist with a clean driving record.

Cheapest for drivers under the age of 20

Drivers in their twenties may need to receive many quotations in order to get the most affordable car insurance. Prices might be sky-high for early 20-somethings, but they tend to fall as drivers get more driving experience. Still, some firms offer cheaper insurance prices for young drivers on a regular basis, so it’s wise to search around to locate them.

The most affordable full-coverage vehicle insurance in Florida for 20-year-olds

Drivers in Florida with clean driving histories can pick the firms with the lowest average rates:

  • State Farm: $3,986 per year, or about $332 each month.
  •  Geico: $4,158 per year, or about $346 each month.
  •  Travelers: $4,457 per year (about $371 per month).
  •  AIG: $5,067 per year, or about $422 per month.
  •  United Auto Insurance: $5,625 per year, or about $469 each month. 

Minimum coverage vehicle insurance in Florida for 20-year-olds is the cheapest.

Drivers in Florida who want just the state’s minimal coverage should look into the following providers, who had the lowest average rates:

  •  Geico: $780 per year, or around $65 per month.
  •  Travelers: $902 per year, or about $75 per month.
  • State Farm: $914 per year, or around $76 per month.
  •  Nationally: $1,134 per year, or about $94 per month.
  •  AIG: $1,481 per year, or about $123 per month. 

Florida’s cheapest vehicle insurance for 20-year-olds with bad credit

Drivers with bad credit in Florida might choose the insurance with the lowest average prices for minimal coverage:

  •  Direct Auto: $1,493 per year (about $124 per month).
  •  Geico: $1,588 per year, or around $132 each month.
  •  AIG: $1,596 per year, or about $133 per month.
  •  Nationally: $1,746 per year, or about $146 per month.
  •  Travelers: $2,115 per year (about $176 per month). 

Florida’s cheapest vehicle insurance for 20-year-old drivers with one speeding ticket

Here are the businesses with the lowest average rates for minimal coverage for drivers with a recent speeding citation in Florida:

  •  Geico: $835 per year, or around $70 each month.
  •  Travelers: $1,107 per year ($92 per month).
  • State Farm: $1,135 per year, or around $95 each month.
  •  Nationally: $1,472 per year, or about $123 each month.
  •  Mercury costs $1,748 per year, or around $146 per month. 

Florida’s cheapest vehicle insurance for 20-year-old drivers with one at-fault accident

Here are the businesses with the lowest average rates for minimal coverage for drivers who have recently been in an accident in Florida:

  •  Geico: $878 per year, or around $73 per month.
  •  Travelers: $1,191 per year, or about $99 per month.
  •  Nationally: $1,367 per year, or about $114 each month.
  • State Farm: $1,379 per year, or around $115 per month.
  •  Direct Auto: $1,774 per year (about $148 per month). 

After a DUI, the cheapest car insurance in Florida for 20-year-old drivers

The lowest vehicle insurance we discovered after a DUI is given below, along with the average prices for minimal coverage from the insurers.

  •  Geico: $1,129 per year, or around $94 per month.
  •  Travelers: $1,336 per year, or about $111 per month.
  •  AIG: $1,593 per year, or about $133 per month.
  •  Direct Auto costs $1,607 per year, or about $134 each month.
  • State Farm: $1,672 per year, or around $139 per month. 

Most affordable for 30-year-old drivers

Most drivers will have lower auto insurance premiums in their 30s than they had in their teens and 20s. However, variables such as a person’s driving record and automobile type and model might cause costs to rise. Drivers in their 30s may save money on vehicle insurance by shopping around and taking advantage of any available discounts.

For 30-year-olds, the cheapest full-coverage vehicle insurance in Florida is in Florida.

These firms may provide the best prices to Florida drivers with clean driving records:

  • State Farm: $1,757 per year, or around $146 each month.
  •  Geico: $2,493 per year, or around $208 each month.
  •  Travelers: $2,582 per year (about $215 per month).
  •  Nationally: $3,203 per year, or about $267 per month.
  •  AIG: $3,333 per year, or about $278 per month. 

Minimum coverage vehicle insurance in Florida for 30-year-olds is the cheapest.

Drivers in Florida seeking the state’s required coverage should contact the providers with the lowest average rates:

  • State Farm: $346 per year, or around $29 each month.
  •  Geico: $520 per year, or around $43 per month.
  •  Travelers: $606 per year, or about $50 per month.
  •  Annual cost in the United States is $618, or around $52 per month.
  •  Mercury: $935 per year, or around $78 per month. 

The cheapest vehicle insurance in Florida for 30-year-olds with bad credit is in Florida.

Drivers with bad credit in Florida can look into the firms that have the lowest average prices for complete coverage:

  • State Farm: $3,291 per year, or about $274 each month.
  •  United Auto Insurance: $3,436 per year, or about $286 each month.
  •  AIG: $3,579 per year, or about $298 per month.
  •  Direct Auto: $4,193 per year (about $349 per month).
  •  Geico: $4,258 per year, or around $355 every month. 

Florida’s cheapest vehicle insurance for 30-year-old drivers with one speeding ticket

Here are the businesses with the lowest average rates for minimal coverage for drivers with a recent speeding citation in Florida:

  • State Farm: $432 per year, or around $36 each month.
  •  Geico: $637 per year, or around $53 per month.
  •  Travelers: $754 per year, or about $63 per month.
  •  Nationally: $861 per year, or around $72 per month.
  •  Mercury: $1,118 per year, or about $93 per month. 

Florida’s cheapest vehicle insurance for 30-year-old drivers with one at-fault accident

Here are the lowest average rate alternatives for full coverage for drivers in Florida who have recently been in an accident:

  • State Farm: $2,230 per year, or about $186 each month.
  •  Geico: $3,094 per year, or around $258 every month.
  •  Travelers: $3,361 per year (about $280 per month).
  •  United Auto Insurance: $4,420 per year, or about $368 per month.
  •  Nationally: $4,558 per year, or about $380 each month. 

After a DUI, the cheapest vehicle insurance in Florida for 30-year-old drivers is in Florida.

We discovered the following full coverage choices for the lowest vehicle insurance after a DUI.

  • State Farm: $2,538 per year, or about $212 each month.
  •  Geico: $3,615 per year, or about $301 each month.
  •  AIG: $3,777 per year, or about $315 per month.
  •  Travelers: $3,803 per year (about $317 per month).
  •  Direct Auto: $4,360 per year (about $363 per month). 

Cheapest for Drivers Over 40

On average, drivers in their 40s have lower insurance premiums than their younger colleagues, but they still pay more than older age groups. The easiest approach to obtain reduced rates is to shop around for cheap auto insurance quotes from several providers. Good drivers who don’t drive much may want to explore pay-per-mile insurance, which costs drivers based on the number of miles they travel.

The most affordable full-coverage vehicle insurance in Florida for 40-year-olds

Drivers in Florida with clean driving histories may wish to choose the firms with the lowest average rates:

  • State Farm: $1,710 per year, or around $142 each month.
  •  Geico: $2,333 per year, or around $194 every month.
  •  Travelers: $2,362 per year, or about $197 per month.
  •  AIG: $3,170 per year, or about $264 per month.
  •  Nationally: $3,181 per year, or about $265 per month. 

Minimum coverage vehicle insurance in Florida for 40-year-olds is the cheapest.

Drivers in Florida looking for the bare minimum of coverage may look into the following providers, which had the lowest average rates:

  • State Farm: $334 per year, or around $28 each month.
  •  Geico: $485 per year, or around $40 each month.
  •  Travelers: $603 per year, or about $50 per month.
  •  Across the country: $614 per year, or around $51 per month.
  •  Mercury: $855 per year, or about $71 per month. 

Cheapest vehicle insurance in Florida for those over 40 with bad credit

Drivers with bad credit in Florida might choose the following insurers, who have the lowest average prices for complete coverage:

  •  United Auto Insurance: $3,183 per year, or around $265 each month.
  • State Farm: $3,191 per year, or about $266 each month.
  •  AIG: $3,402 per year, or about $284 per month.
  •  Direct Auto: $3,778 per year (about $315 per month).
  •  Geico: $3,869 per year, or about $322 each month. 

Florida’s cheapest vehicle insurance for 40-year-old drivers with one speeding ticket

Here are the businesses with the lowest average rates for minimal coverage for drivers with a recent speeding citation in Florida:

  • State Farm: $415 per year, or around $35 each month.
  •  Geico: $614 per year, or around $51 per month.
  •  Travelers: $787 per year, or about $66 per month.
  •  Nationally: $852 per year, or around $71 per month.
  •  Mercury: $1,031 per year, or about $86 per month. 

Florida’s cheapest vehicle insurance for 40-year-old drivers with one at-fault accident

For drivers in Florida who have recently been in an accident, the following providers have the lowest average rates for full coverage:

  • State Farm: $2,168 per year, or about $181 each month.
  •  Geico: $2,941 per year, or about $245 each month.
  •  Travelers: $3,278 per year (about $273 per month).
  •  United Auto Insurance: $4,088 per year, or about $341 each month.
  •  Nationally: $4,534 per year, or about $378 per month. 

After a DUI, the cheapest car insurance in Florida for 40-year-old drivers

The following businesses have the lowest full coverage vehicle insurance for DUI drivers that we identified.

  • State Farm: $2,466 per year, or about $206 each month.
  •  Geico: $3,393 per year, or about $283 each month.
  •  AIG: $3,613 per year, or about $301 per month.
  •  Travelers: $3,721 per year, or about $310 per month.
  •  Direct Auto costs $3,916 per year, or about $326 each month. 

Cheapest for Drivers Over 50

On average, drivers in their 50s pay less for auto insurance than most other age groups. Prices will continue to fall when people reach their 60s and acquire driving expertise. Rates may still vary based on other criteria like a driver’s gender and region, so it’s a good idea to shop around for the best deal. Our list of low-cost vehicle insurance providers is a wonderful place to start.

Cheapest full coverage auto insurance in Florida for those over 50.

Drivers in Florida with clean driving histories may choose to get quotations from the following insurance companies, which had the lowest average rates:

  • State Farm: $1,645 per year, or around $137 each month.
  •  Travelers: $2,273 per year, or about $189 per month.
  •  Geico: $2,279 per year, or around $190 each month.
  •  Nationally: $3,003, or around $250 per month.
  •  United Auto Insurance: $3,018 per year, or around $252 each month. 

Minimum coverage vehicle insurance in Florida for 50-year-olds is the cheapest.

Drivers in Florida who choose the state of minimal coverage should look into the following firms, that have the lowest average rates:

  • State Farm: $317 per year, or around $26 per month.
  •  Geico: $460 per year, or around $38 per month.
  •  Travelers: $542 per year, or about $45 per month.
  •  Nationally, the cost is $589 per year, or around $49 per month.
  •  Mercury: $719 per year, or around $60 per month. 

Cheapest vehicle insurance in Florida for those over 50 with bad credit

Drivers with bad credit in Florida should contact the following providers, who had the lowest average prices for complete coverage:

  •  United Auto Insurance: $3,018 per year, or around $252 each month.
  • State Farm: $3,049 per year, or about $254 each month.
  •  AIG: $3,429 per year, or about $286 per month.
  •  Direct Auto costs $3,651 per year, or about $304 each month.
  •  Geico: $3,757 per year, or about $313 each month. 

Florida’s cheapest vehicle insurance for 50-year-old drivers with one speeding ticket

Here are the businesses with the lowest average rates for minimal coverage for drivers with a recent speeding citation in Florida:

  • State Farm: $394 per year, or around $33 each month.
  •  Geico: $583 per year, or around $49 each month.
  •  Travelers: $710 per year, or about $59 per month.
  •  Nationally: $827 per year, or about $69 per month.
  •  Mercury: $1,027 per year, or about $86 per month. 

Florida’s cheapest vehicle insurance for 50-year-old drivers with one at-fault accident

Here are the insurers with the lowest average full coverage rates for Florida drivers who have recently been in an accident:

  • State Farm: $2,081 per year, or about $173 every month.
  •  Geico: $2,867 per year, or about $239 each month.
  •  Travelers: $3,164 per year (about $264 per month).
  •  United Auto Insurance: $3,873 per year, or about $323 each month.
  •  Nationally: $4,339 per year, or about $362 per month. 

After a DUI, the cheapest car insurance in Florida for 50-year-old drivers

The following businesses provide the lowest vehicle insurance for drivers with a recent DUI, including prices for full coverage.

  • State Farm: $2,365 per year, or about $197 each month.
  •  Geico: $3,304 per year, or around $275 each month.
  •  Travelers: $3,591 per year (about $299 per month).
  •  AIG: $3,638 per year, or about $303 per month.
  •  Direct Auto costs $3,786 per year, or about $316 each month. 

Cheapest for Drivers over 60

Although 60-year-olds have lower average auto insurance premiums than many other age groups, costs will begin to rise as they become older. Drivers in their 60s should look around for the lowest cost on affordable auto insurance for seniors. Drivers in this age bracket should also take advantage of any senior citizen discounts that are offered.

Cheapest full coverage auto insurance in Florida for those over 60.

Drivers in Florida with clean driving histories can consider receiving quotes from the following firms, which had the lowest average rates:

  • State Farm: $1,559 per year, or around $130 per month.
  •  Travelers: $2,083 per year (about $174 per month).
  •  Geico: $2,169 per year, or about $181 each month.
  •  Nationally: $2,758 per year, or about $230 per month.
  •  AIG: $2,895 per year, or about $241 per month. 

Minimum coverage automobile insurance in Florida for 60-year-olds is the cheapest.

Drivers in Florida seeking just the state minimum coverage should contact the following insurers, who had the lowest average rates:

  • State Farm: $294 per year, or around $24 per month.
  •  Geico: $431 per year, or around $36 each month.
  •  Travelers: $502 per year, or about $42 per month.
  •  Nationally: $535 per year, or about $45 per month.
  •  Mercury: $674 per year, or around $56 per month. 

Cheapest vehicle insurance in Florida for those over 60 with bad credit

Drivers with bad credit in Florida can choose the following providers, who have the lowest average prices for complete coverage:

  • State Farm: $2,853 per year, or about $238 each month.
  •  United Auto Insurance: $2,916 per year, or about $243 per month.
  •  AIG: $3,105 per year, or about $259 per month.
  •  Direct Auto: $3,581 per year (about $298 per month).
  •  Geico: $3,596 per year, or around $300 each month. 

Florida’s cheapest vehicle insurance for 60-year-old drivers with one speeding ticket

Here are the businesses with the lowest average rates for minimal coverage for drivers with a recent speeding citation in Florida:

  • State Farm: $365 per year, or around $30 each month.
  •  Geico: $544 per year, or around $45 each month.
  •  Travelers: $671 per year, or about $56 per month.
  •  Nationally: $764 per year, or about $64 per month.
  •  Mercury: $974 per year, or around $81 per month. 

Florida’s cheapest vehicle insurance for 60-year-old drivers with one at-fault accident

For drivers in Florida who have recently been in an accident, the following providers have the lowest average rates for full coverage:

  • State Farm: $1,963 per year, or around $164 each month.
  •  Geico: $2,742 per year, or about $228 each month.
  •  Travelers: $3,061 per year, or about $255 per month.
  •  United Auto Insurance: $3,732 per year, or about $311 each month.
  •  Nationally: $4,069 per year, or about $339 per month. 

After a DUI, the cheapest car insurance in Florida for 60-year-old drivers

The following businesses provided the lowest vehicle insurance after a DUI, along with their typical prices for full coverage.

  • State Farm: $2,225 per year, or around $185 per month.
  •  Geico: $3,168 per year, or around $264 every month.
  •  AIG: $3,337 per year, or about $278 per month.
  •  Travelers: $3,485 per year (about $290 per month).
  •  Direct Auto: $3,716 per year (about $310 per month). 

Cheapest for drivers over the age of 70

Car insurance rates for 70-year-old drivers may begin to climb. Shop around and compare quotes from different insurance providers to obtain the best deal. Look for insurers that provide senior discounts. Some insurers, for example, provide discounts to elderly drivers who complete a defensive driving course.

Cheapest full-coverage auto insurance in Florida for those over the age of 70

Drivers in Florida with clean driving histories can consider receiving quotes from the following firms, which had the lowest average rates:

  • State Farm: $1,602 per year, or around $134 each month.
  •  Geico: $2,127 per year, or about $177 each month.
  •  Travelers: $2,279 per year (about $190 per month).
  •  United Auto Insurance: $3,050 per year, or about $254 per month.
  •  AIG: $3,130 per year, or about $261 per month. 

Minimum coverage automobile insurance in Florida for 70-year-olds is the cheapest.

Drivers in Florida seeking just the state minimum coverage should contact the following insurers, who had the lowest average rates:

  •  State Farm: $301 per year, or around $25 each month.
  •  Geico: $433 per year, or around $36 each month.
  •  Travelers: $522 per year, or about $44 per month.
  •  Across the country: $607 per year, or around $51 per month.
  •  Mercury: $722 per year, or around $60 per month. 

Cheapest vehicle insurance in Florida for those over 70 with bad credit

Drivers with bad credit in Florida can choose the following providers, who have the lowest average prices for complete coverage:

  • State Farm: $2,964 per year, or around $247 each month.
  •  United Auto Insurance: $3,050 per year, or about $254 per month.
  •  AIG: $3,360 per year, or about $280 per month.
  •  Geico: $3,625 per year, or around $302 every month.
  •  Direct Auto: $3,806 per year (about $317 per month). 

Florida’s cheapest vehicle insurance for 70-year-old drivers with one speeding ticket

Here are the businesses with the lowest average rates for minimal coverage for drivers with a recent speeding citation in Florida:

  • State Farm: $374 per year, or around $31 each month.
  •  Geico: $552 per year, or around $46 per month.
  •  Travelers: $740 per year, or about $62 per month.
  •  Nationally: $849 per year, or around $71 per month.
  •  Mercury: $1,015 per year, or about $85 per month. 

Florida’s cheapest vehicle insurance for 70-year-old drivers with one at-fault accident

For drivers in Florida who have recently been in an accident, the following providers have the lowest average rates for full coverage:

  • State Farm: $2,029 per year, or about $169 each month.
  •  Geico: $2,737 per year, or about $228 each month.
  •  Travelers: $3,424 per year (about $285 per month).
  •  United Auto Insurance: $3,910 per year, or about $326 per month.
  •  AIG: $4,534 per year, or about $378 per month. 

After a DUI, the cheapest car insurance in Florida for 70-year-old drivers

The following businesses provided the lowest vehicle insurance after a DUI, along with their typical prices for full coverage.

  • State Farm: $2,308 per year, or about $192 each month.
  •  Geico: $3,195 per year, or around $266 each month.
  •  AIG: $3,575 per year, or about $298 per month.
  •  Travelers: $3,906 per year (about $326 per month).
  •  Direct Auto: $3,964 per year (about $330 per month). 

Florida’s minimum vehicle insurance requirements

Floridians are required to carry the following levels of property damage liability and personal injury protection (PIP):

  •  Property damage liability of $10,000 per accident.
  •  Personal injury protection of $10,000.

In the event that you are at fault in a collision, the Florida Financial Responsibility Law requires you to be prepared to pay up to:

  •  Bodily harm liability of $10,000 per person.
  •  A bodily injury liability of $20,000 per accident.

Liability auto insurance pays for any damage, injuries, or fatalities you cause in a car accident, according to the limits of your policy.

Personal injury protection will pay your medical fees and expenditures if you are injured in a vehicle accident, according to the limits of your policy, regardless of who was at fault. PIP may also cover the following expenses, depending on your state:

  •  Wages are lost if you are unable to work owing to injuries sustained in an accident.
  •  Services you are unable to undertake due to your injuries, such as home cleaning or child care.
  •  Funeral expenses if an accident-related injury results in death.
  •  A little death benefit paid in cash.

When it comes to all aspects of your vehicle liability insurance, experts advocate purchasing more than the absolute minimum. Optional coverages like collision, comprehensive, and uninsured motorist insurance may provide you with further protection.

In Florida, SR-22, FR-44, and alternative car insurance are available.

Drivers guilty of certain felonies may be compelled to have their insurance company submit an SR-22 with the state of Florida. There is no such thing as “SR-22 insurance”; rather, an SR-22 is paperwork that certifies you have current motor insurance coverage that complies with Florida law. You may need an SR-22 if you:

  •  I was involved in an accident without insurance.
  •  Had your license been suspended owing to accumulating too many points or for another reason?
  •  Have a history of serious and recent traffic offenses.

If you are caught driving while inebriated or under the influence of drugs in Florida, you may be forced to complete another form, a FR-44. Once again, “FR-44 insurance” is not a sort of insurance. Rather, a car insurer is required to submit a FR-44 certificate on behalf of a person convicted of a DUI or comparable charges.

In comparison to an SR-22, a FR-44 has extra liability insurance requirements. In addition to the comparatively modest liability limitations indicated above, you would require at least:

  •  $100,000 for a single person’s injuries or death.
  •  $300,000 if two or more individuals are injured or killed.
  •  $50,000 for liable for property damage.

Drivers in the Sunshine State who have been rejected automobile insurance due to a poor driving record or other considerations may seek for coverage via the Florida Automobile Joint Underwriting Association.

Florida has no-fault insurance.

Florida is one of many states with no-fault vehicle insurance, but it is one of only two that does not need bodily injury liability coverage.

In most places, drivers who are wounded in an automobile accident caused by another driver will seek compensation from the at-fault motorist’s insurance carrier. The claim and compensation are funded by that person’s bodily injury liability insurance.

Under Florida’s no-fault law, all parties involved in a collision must first file injury claims with their individual PIP coverage, with reimbursements limited to 80% of the expenses. (More on it later). If the collision causes “serious” injuries, the at-fault driver’s bodily injury responsibility pays for the increased expenditures. At least one of the following is considered a serious injury:

  •  Significant facial deformity.
  •  A fractured bone.
  •  A physical organ or member’s permanent restriction.
  •  A significant impediment to a physiological function or system.
  •  Total and permanent incapacity for 90 days.

In Florida, injuries that match this criterion are grounds for a lawsuit. Drivers who have bodily injury coverage may use it to pay for legal fees as well as the injured person’s medical expenses, but anybody who simply has the minimum needed coverage — that is, no bodily injury coverage — will have to pay out of pocket if they are at fault.

To make matters even more complicated, drivers may be partly to blame for a collision. Florida has a “comparative fault” provision, which means that two drivers may share blame for an accident. In a case, a jury might assign 30% of the blame to the wounded motorist, giving him or her just 70% of the total damages from the other driver.

Insurance companies do not just absorb these expenses. Drivers in Florida, like those in many other jurisdictions that mandate personal injury protection coverage, pay more for vehicle insurance on average than those in non-PIP states.