Floridians pay 121% more for car insurance than national average, study finds

WEST PALM BEACH, Fla. — A new study by MarketWatch found Floridians are paying some of the highest car insurance premiums in the country right now.

"Rates are up pretty much everywhere, but Florida is definitely up there," David Straughan, an analyst with MarketWatch, said.

According to a new study by MarketWatch, the average premium for a full-coverage auto insurance policy in Florida jumped 10.1% in 2023.

"One of the things we found out towards the end of that study is the number of uninsured drivers is 20% in 2019, which is the last kind of year we have as reliable data for that," Straughan said.