4.8out of 3,000+ reviews
Updated December 21, 2022
Car insurance is mandatory in the state of Florida, and with Tampa’s notoriously rainy weather, a little extra peace of mind is always appreciated before traveling on slippery roads. After all, the Tampa area sees 51 inches of rain each year, significantly more than the national average of 38 inches.
Area car insurance rates are higher here as well. In Tampa, minimum-coverage car insurance costs an average of $421, which is almost $100 more per month than the Florida state average of $323. But there are ways for Tampa residents, like you, to lower your insurance spending. This article will show you how.
Table of contents
- How much does car insurance cost in Tampa?
- Cheapest car insurance in Tampa: Travelers
- How much car insurance do you need in Tampa?
- Tips for getting cheap car insurance in Tampa
- How age affects car insurance rates in Tampa
- How your credit score affects your car insurance in Tampa
- The effect of driving habits on car insurance in Tampa
- Find local Tampa agents
- Tampa car insurance rates FAQs
How much does car insurance cost in Tampa?
The cost of auto insurance can vary significantly in Tampa, Florida. Depending on the type of coverage you need and the insurer you choose, average rates can range from $161 to $833 per month. Because car insurance rates can vary greatly, it’s a good idea to compare quotes from a handful of different insurance providers to find the best solution for you.
The cost of insurance can be affected by your:
To identify the best quotes in your area, Insurify data scientists analyzed the latest insurance rates in Tampa. The following car insurance providers stand out for offering the most affordable rates in a handful of different coverage categories.
Cheapest liability-only insurance: Pronto ($161 per month)
Cheapest full-coverage insurance: Hugo ($224 per month)
Cheapest insurance for new/young drivers: Travelers ($324 per month)
Cheapest car insurance in Tampa: Travelers
Travelers offers the cheapest average car insurance rates when you account for both liability-only and full-coverage policies, with an average monthly rate of $288 for Tampa drivers.
The rate you can expect to pay for car insurance from Travelers or another insurer can be affected by:
Where you live: Auto insurance companies take ZIP codes into account when determining insurance rates, as statistically, certain ZIP codes have higher rates of accidents, theft, and vandalism. If the area you live in is more prone to drivers filing claims, this can lead to a higher auto insurance rate.
How clean your driving record is: If you have a sparkling-clean driving record with no accidents or tickets, you’ll typically receive a much more favorable car insurance rate.
How old you are: Because younger drivers are also newer drivers, they can experience more accidents and earn more tickets. As such, car insurance rates tend to drop as drivers get older.
The value of your vehicle: How much it costs to insure your car can be affected by how much it would cost to replace it if it were destroyed in an accident or lost to theft. The newer and more expensive the vehicle is, the higher your car insurance rates will likely be.
Your average mileage: How many miles you drive can affect how much you pay. The more someone is on the road, the more likely they are to need to file a claim. Someone with a long daily commute is likely to pay more for their auto insurance than someone who works from home.
The following table outlines the cheapest car insurance rates in Tampa.
|Insurance Company||Liability Only||Full Coverage|
|Midvale Home & Auto||$509||$551|
How much car insurance do you need in Tampa?
If you want to drive in Tampa, or in the greater state of Florida, you must have car insurance. Specifically, as a Florida driver, you’re required to carry:
$10,000 per accident for personal injury protection (PIP) coverage
$10,000 per accident for property damage liability
Because Florida is a no-fault state, insurance providers for both parties involved in a claim are required to pay for their own policyholders’ medical expenses. It doesn’t matter which driver caused the accident. If you do end up involved in an accident or traffic stop, law enforcement can require you to provide proof of insurance. That’s why it’s advisable to carry proof of insurance in your vehicle at all times.
Florida DMV information
The DMV in Florida is called the Florida Department of Highway Safety and Motor Vehicles (FLHSMV), and it provides online and in-person services related to applying for a driver’s license, renewing a driver’s license, paying for tickets, and registering a car. The FLHSMV is very accessible in Florida, as there’s a location in every one of Florida’s 67 counties.
Tips for getting cheap car insurance in Tampa
Ready to lower your car insurance rates in Tampa? Keep these helpful tips in mind.
Buy pay-per-mile car insurance. If you don’t drive very often, you can look for a pay-per-mile policy that bases your rate on how many miles you tend to drive. The fewer miles you drive, the less you’ll pay.
Ask for discounts. Before signing up for a car insurance policy, ask if you qualify for any discounts like those offered for getting good grades, taking a defensive driving course, or insuring more than one car.
Bundle your policies. If your car insurance provider also offers other insurance policies like homeowners or renters insurance, you can typically bundle your policies together under one provider to earn a discount.
Comparison shop. Don’t sign up for the first policy you’re offered. Instead, do some research and shop around for different car insurance companies. Remember, your goal isn’t to find the cheapest possible coverage; it’s to find the most affordable amount of coverage that suits your needs. You can also use a comparison-shopping tool to review quotes from several providers all in one place.
Learn More: Compare Home and Auto Insurance Bundles
How age affects car insurance rates in Tampa
As you saw earlier, young drivers (below the age of 25) are generally hit with higher insurance costs, as their lack of driving experience makes them more likely to file claims.
Let’s take a look at the following table to understand how age typically affects car insurance rates in Tampa.
|Age Group||Average Monthly Rate|
Cheapest car insurance for young drivers in Tampa
The cheapest car insurer in Tampa for teen drivers is Travelers, with an average monthly rate of $324 for a full-coverage policy. Young drivers can also usually help lower their insurance costs by getting good grades and qualifying for a good student discount.
|Insurance Company||Average Monthly Rate|
|Midvale Home & Auto||$691|
Cheapest car insurance for middle-aged drivers in Tampa
Once again, Travelers offers the best rates in Tampa, with an average monthly rate of $281 for middle-aged drivers on full-coverage policies. Because middle-aged drivers likely also need other forms of insurance, like homeowners, they can often benefit from bundling multiple insurance policies under one provider to get more discounts.
|Insurance Company||Average Monthly Rate|
|Midvale Home & Auto||$480|
Cheapest car insurance rates for senior drivers in Tampa
Senior drivers in Tampa can find the best car insurance rates with Progressive, which offers an average monthly rate of $212 for full-coverage policies. Seniors who no longer commute for work may want to look into a per-mile policy that charges more favorable rates for not driving that often.
|Insurance Company||Average Monthly Rate|
|Midvale Home & Auto||$458|
How your credit score affects your car insurance in Tampa
Your credit information can play a role in your car insurance rate. This is because certain credit behaviors have been shown to help predict how likely someone is to file a claim.
Although credit score rankings can vary depending on which credit scoring model is being used, they generally are grouped as follows:
Very poor: 300–499
It’s also worth noting that in certain states — such as Florida — it’s illegal to use someone’s lack of credit scores to help determine their insurance premiums. In some other states, it’s illegal to use a credit score to determine rates in any way.
This table outlines the averages for full-coverage policies in Tampa based on different credit scores.
|Credit Tier||Average Monthly Quote|
Read More: Car Insurance Rates by Credit Tier
The effect of driving habits on car insurance in Tampa
Your driving habits and driving record significantly affect how much you’ll pay for car insurance. The tables below outline how different driving infractions could increase your insurance rates.
It’s important to note that when you see a negative difference in a table, it doesn’t mean that particular insurance company lowers rates for drivers with that infraction on their records. Rather, it may mean that our sample size was small — insurers may choose to not offer policies to drivers with that infraction. Your actual rate can vary, based on a number of factors other than driving record.
Cheapest car insurance with an accident in Tampa: Travelers
Below you can see how your involvement in a single car accident can affect your insurance premiums.
|Car Insurance Company||Clean Record||With Accident||Difference|
|Midvale Home & Auto||$549||$624||+$75|
Cheapest car insurance with a DUI in Tampa: Mercury
A DUI can greatly increase the cost you’ll pay for car insurance. The table below shows you what you can expect to pay from several Tampa insurers.
|Car Insurance Company||Clean Record||With DUI||Difference|
Cheapest car insurance with a speeding ticket in Tampa: National General
This chart shows you how a speeding ticket can affect your car insurance rates in Tampa.
|Car Insurance Company||Clean Record||With Speeding Ticket||Difference|
|Midvale Home & Auto||$549||$619||+$70|
Car insurance in other Florida cities
Looking for affordable car insurance rates in other Florida locations? These articles can help.
Find local Tampa agents
Lovinger Financial Services Inc4016 HENDERSON BLVD,
Tampa, FL 33629
Cornerstone Insurance, Inc.13035 W Linebaugh Ave,
Tampa, FL 33626
Omega Insurance Agency5300 W Cypress St Ste 100,
Tampa, FL 33607
Commercial Insurance Specialists, LLC3438 Colwell Ave,
Tampa, FL 33614
Seibert Insurance Agency, Inc.5121 Ehrlich Rd Ste 111B,
Tampa, FL 33624
YourEadvisor.com, LLC550 N Reo St,
Suite 200, Tampa, FL 33609
Spencer Financial, Inc3901 North Blvd,
Tampa, FL 33603
Italiano Insurance Services3021 Swann Ave,
Tampa, FL 33609
Varney Agency Tampa5005 W Laurel Street Ste 202,
Tampa, FL 33607
Blankit Insurance Group Inc.1211 Tech Blvd. Suite 124,
Tampa, FL 33619
Tampa car insurance rates FAQs
Here are answers to some commonly asked questions about car insurance in Tampa.
The average cost of car insurance in Tampa is $484 per month. Factors such as how old you are, where you live, your car’s value, and your driving record can all affect your insurance rate.
With an average monthly cost of $288, Travelers offers the cheapest car insurance in Tampa, Florida.
Where you live can greatly affect how much you spend on car insurance, and the severe weather Florida experiences may be what causes high insurance prices in the state. For example, flood damage is common in Florida, which can lead to more drivers filing claims.
Florida is a no-fault state, which means when two drivers are involved in an accident, their own insurance providers must pay for the bodily injury expenses (such as medical bills), no matter which driver actually caused the accident.
If you’re looking to save on auto insurance, one of the easiest ways is to ask your insurance provider what discounts you can qualify for. Keeping a clean driving record can also be a major help in lowering insurance costs.
Compare Car Insurance Quotes Instantly
Data scientists at Insurify analyzed more than 40 million real-time auto insurance rates from our partner providers across the United States to compile the car insurance quotes, statistics, and data visualizations displayed on this page. The car insurance data includes coverage analysis and details on drivers' vehicles, driving records, and demographic information. Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Service's database of auto insurance rates. With these insights, Insurify is able to offer drivers insight into how companies price their car insurance premiums.
- Insurance Information Institute. "What determines the price of an auto insurance policy?." Accessed December 20, 2022
- Florida Department of Highway Safety and Motor Vehicles. "Florida Insurance Requirements." Accessed December 20, 2022
- Florida Department of Highway Safety and Motor Vehicles. "Working to make a safer Florida." Accessed December 20, 2022
- Experian. "What Is a Good Credit Score?." Accessed December 20, 2022
- National Conference of State Legislatures. "States Consider Limits on Insurers’ Use of Consumer Credit Info." Accessed December 20, 2022
- Florida Division of Emergency Management. "State of Florida Enhanced Hazard Mitigation Plan." Accessed December 20, 2022