TAMPA, Fla. (WFLA) – Florida insurance commissioner Mike Yaworski announced on Tuesday that state auto insurance premiums will fall.
According to Yaworsky, Florida’s top five auto author insurance groups have shown an average cut of 6.5% this year.
Prices have fallen from an average 4.3% increase in 2024 and an astounding 31.7% increase in 2023, according to Yaworksy.
Abandoned boy found in a car seat in a driveway in a Florida home
The state has also reported reductions in automatic personal liability loss rates. Leaders said it was the lowest in the country.
“The ongoing reduction in car insurance fees is another indication that Florida reforms are working,” Gov. Ron Desantis said. “We will protect reforms from those who try to get them back and continue fighting for the Florida people.”
The state said it is important for consumers to shop for car insurance.
“There have been reports of longer tenure consumers shopping for new car insurance for years, rather than relying on one company,” the state said.
Click here to learn more about the Florida insurance market.
