Cheap Gap Insurance in Florida (Top 9 Low-Cost Companies for 2026)

The best providers for cheap gap insurance in Florida are Progressive, USAA, and State Farm, with low rates starting at $9/month and exceptional customer service reviews.

Progressive provides versatile coverage options, and USAA is renowned for customer satisfaction. Safe Drivers can get even cheaper gap insurance rates with USAA usage-based (UBI) auto insurance. Read our USAA SafePilot Review to learn more.

Our Top 9 Company Picks: Cheap Gap Insurance in Florida

These companies dominate the Florida market, ensuring you get comprehensive gap insurance without breaking the bank. Choose any of these top picks to secure reliable and cost-effective coverage.

Start saving on Florida auto insurance today by entering your ZIP code above and comparing quotes.

#1 – Progressive: Top Pick Overall

Pros

• Competitive Pricing: With a rate of $9/month, Progressive provides an affordable option for gap insurance in Florida. Get more info in our detailed Progressive auto insurance review.
• A+ A.M. Best Rating: Progressive’s strong financial stability makes it a reliable choice for long-term gap insurance in Florida.
• Snapshot Savings: Sign up for Progressive Snapshot usage-based insurance plans to save over $300/year on gap insurance in Florida.

Cons

• Potential for Rate Increases: There is a risk that rates for Progressive gap insurance in Florida could increase after the first policy term.
• Moderate Coverage Flexibility: Progressive gap insurance in Florida may not fully cover all vehicle financing situations, which could limit its appeal.

#2 – USAA: Cheapest for Military Members

Pros

• Superior Customer Service: USAA is highly regarded for its excellent customer service, providing dedicated support for gap insurance in Florida.
• Loyalty Discounts: USAA offers loyalty discounts to long-term members, making their gap insurance in Florida even more affordable. Learn more in our detailed analysis titled USAA auto insurance review.
• SafePilot Savings: Drivers who sign up for SafePilot UBI could save up to 30% on Florida gap insurance with safe driving habits.

Cons

• Not Available to Non-Military: USAA gap insurance is exclusively available to active and retired military and their families.
• Primarily Online Service: USAA’s services, including gap insurance in Florida, are largely managed online, with limited in-person support available.

#3 – State Farm: Best Customer Service

Pros

• Good Claims Satisfaction: State Farm’s strong track record in claims satisfaction makes it a reliable choice for gap insurance in Florida. Get full ratings in our State Farm review.
• Discounts for Multi-Policy Holders: State Farm provides substantial savings when you bundle gap insurance in Florida with other policies, enhancing overall value.
• Drive Safe & Save: Florida drivers can save up to 30% on gap insurance by tracking driving habits and mileage with State Farm UBI.

Cons

• Rate Increases for Bad Driving: Read our Drive Safe and Save review to see how bad driving habits can shrink discounts on Florida gap insurance.
• Moderate Financial Rating: State Farm’s B rating may be a concern for some consumers looking for the highest-rated financial security in their gap insurance in Florida.

#4 – Nationwide: Cheapest Vanishing Deductible

Pros

• Vanishing Deductibles: Nationwide makes it easy for Florida drivers to reduce gap insurance deductibles if they avoid claims and accidents.
• Online Policy Management: Nationwide’s user-friendly online tools allow you to easily manage your gap insurance policy in Florida from anywhere. Explore how in our Nationwide Insurance review.
• Strong Claims Process: Nationwide is recognized for its efficient claims handling process, ensuring prompt support and resolution for gap insurance in Florida.

Cons

• Higher Premiums: Nationwide’s gap insurance in Florida comes with a higher monthly rate of $12, making it more expensive than some competitors.
• Complex Discount Qualifications: Earning discounts for gap insurance in Florida with Nationwide can be complex, requiring customers to meet multiple criteria.

#5 – Farmers: Cheapest With Signal App

Pros

• Signal App Discounts: Farmers offers discounts on gap insurance in Florida through its Signal app, which rewards safe driving behavior with lower premiums.
• A-Rated Financial Security: Farmers’ A rating from A.M. Best provides a reliable and financially secure option for gap insurance in Florida.
• Unique Discount Opportunities: Farmers provides exclusive gap insurance discounts for safe driving in Florida. Find affordable policies near you in our Farmers auto insurance review.

Cons

• Lowest Customer Satisfaction: Farmers is dead last for Florida gap insurance customer satisfaction in annual J.D. Power surveys.
• App Dependency: Discounts and certain features for gap insurance in Florida with Farmers are heavily reliant on the consistent use of their Signal app, which may not appeal to all customers.

#6 – Allstate: Cheapest for Infrequent Drivers

Pros

• Usage-Based Variety: Safe drivers get 30% off gap insurance in Florida with Allstate Drivewise, and low-mileage drivers can save with Allstate Milewise regardless of driving record.
• Comprehensive UBI Programs: The Allstate Drivewise app provides discounts and helps drivers monitor and improve their driving habits, enhancing the value of their gap insurance in Florida.
• Solid Customer Support: Allstate is known for its dependable customer service, providing strong support for gap insurance in Florida. Check out policy options and monthly rates in our Allstate review.

Cons

• Higher Monthly Premiums: Allstate gap insurance rates in Florida are often more expensive without usage-based programs.
• Limited Coverage Flexibility: Allstate gap insurance in Florida may not offer as many options for customization as other providers, potentially limiting its appeal.

#7 – The Hartford: Cheapest for Senior Drivers

Pros

• Exclusive Benefits for Seniors: The Hartford offers unique benefits for senior drivers who need gap insurance in Florida.
• A+ Financial Stability: The Hartford’s strong financial rating ensures reliability and long-term security for gap insurance in Florida. Learn more in our The Hartford auto insurance review.
• Outstanding Customer Support: The Hartford is recognized for its excellent customer service, providing dedicated support for gap insurance in Florida.

Cons

• Highest Monthly Rate: The Hartford gap insurance in Florida is expensive among our top providers, with a monthly premium of $15.
• Limited Eligibility for Benefits: The Hartford gap insurance in Florida is only available to senior drivers who are AARP members.

#8 – Liberty Mutual: Cheapest Customizable Policies

Pros

• Highly Customizable Policies: Liberty Mutual excels in offering gap insurance in Florida that can be tailored to meet a wide range of customer needs.
• Accident Forgiveness Feature: Liberty Mutual includes accident forgiveness in its gap insurance in Florida, which can help keep premiums steady after an at-fault accident.
• RightTrack UBI: Safe drivers save big on Florida gap insurance with a good driving record and low mileage. Read our Liberty Mutual RightTrack review to learn how to qualify.

Cons

• Poor Customer Service: Liberty Mutual ranks below its competitors for Florida gap insurance reviews and claims satisfaction. Read more in our Liberty Mutual auto insurance review.
• Complex Customization Process: While customizable, Liberty Mutual’s gap insurance in Florida may require navigating a complex process to tailor coverage, which could be confusing.

#9 – Travelers: Cheapest When Bundling Policies

Pros

• Significant Bundling Discounts: Travelers offers substantial discounts when you bundle gap insurance in Florida with other insurance products, such as home or auto insurance.
• A++ Financial Rating: Travelers’ top-tier financial strength rating ensures a secure and reliable option for gap insurance in Florida. Get full ratings in our Travelers auto insurance review.
• Advanced Online Management Tools: Travelers offers robust and user-friendly online tools for managing gap insurance in Florida, enhancing the overall policyholder experience.

Cons

• Higher Premium Costs: At $17 per month, Travelers gap insurance in Florida is the most expensive options available.
• Limited Vehicle Eligibility: Some vehicle types may not qualify for Travelers gap insurance in Florida, limiting its availability to certain customers.

Comparing Quotes for Cheap Gap Insurance Rates in Florida

It’s critical to understand the cost of Florida gap insurance in order to save money on car insurance. The table below showcases the monthly costs for both basic and full coverage among leading insurance companies in the state:

Florida Gap Insurance Rates by Provider

When assessing gap insurance in Florida, Progressive stands out with the most affordable rates, offering basic coverage with gap at just $9/month.

Conversely, The Hartford features the premiums, with basic coverage priced at $15/month. Fortunately, these Florida auto insurance rates are still cheap, especially for older drivers who qualify for senior discounts.

Florida Report Card: Auto Insurance Discounts

The Hartford provides some of the best auto insurance for seniors in Florida with exclusive AARP discounts that lower rates.

Primary Factors Impacting Gap Insurance Costs in Florida

Guaranteed asset protection (gap) insurance protects you from paying out the remainder of an auto loan or lease if your vehicle is totaled in a claim. So it’s no surprise that the make, model. and age of your car affect Florida gap insurance rates the most.

Newer and luxury models typically cost more to replace and repair, which increases gap insurance costs. Where you live and park your car is also important. Florida cities with high traffic or weather risks will see elevated rates.

Florida Report Card: Auto Insurance Premiums

Your driving history is another critical component. A spotless record can lower your premiums, whereas accidents, infractions, or claims might cause substantial hikes. Additionally, choosing comprehensive coverage over minimum coverage significantly impacts your overall insurance costs by providing broader protection.

Read More: Compare Auto Insurance Rates by Vehicle Make and Model

Effective Approaches to Reduce Florida Gap Insurance Costs

It can be hard to keep track of your auto insurance, but if you know what to do, you can lower your rates without lowering your coverage. You can save money on Florida car insurance by following these useful tips:

• Compare Quotes: Get quotes from several insurance companies to find the best rate. This easy step can save you a lot of money.
• Adjust Deductibles: If you choose a bigger deductible, your monthly payments will be lower, but make sure you can pay for the higher costs if you need to file a claim.
• Drive Less: Pay-as-you-go auto insurance in Florida is an affordable option for low-mileage drivers who drive less than 10,000 miles a year.
• Ask for Discounts: Save even more money by taking advantage of discounts for things like safe driving, low mileage, or adding anti-theft devices.

Sometimes you can get a discount on your auto insurance if you bundle it with other types of insurance, like home or renters insurance. Explore more gap insurance discount opportunities in the table below:

Auto Insurance Discounts from the Top Providers for Gap in Florida

A clean driving record is also very important because, not only are Florida insurance rates cheaper for people who drive safely, but you can qualify for additional discounts based on driving habits and remaining claim-free.

A Breakdown of Auto Insurance Claims Costs in Florida

Auto insurance claims in Florida come in various forms, with some types being far more common than others. Understanding these claims and their associated costs can help drivers make more informed decisions about their insurance coverage.

5 Most Common Auto Insurance Claims in Florida

These figures show how often each claim occurs and the typical costs associated with them, which can vary depending on the severity of the incident.

Cities in Florida experience varying levels of accidents and insurance claims. Below is a comparison of major cities based on the number of accidents and claims:

Florida Accidents & Claims per Year by City

Drivers in these cities should be aware of the higher accident and claim rates, particularly in Miami, where the number of incidents and related claims are significantly above the state average. Deepen your understanding by reading our guide called, “Florida Minimum Auto Insurance Requirements.”

The Best Gap Insurance Providers in Florida

Getting cheap auto insurance in Florida starts with getting the right gap insurance for your new car. In Florida’s highly competitive auto insurance market, three standout providers consistently emerge as leaders, each delivering unique benefits tailored to satisfy the diverse needs of a broad spectrum of drivers.

Progressive, USAA, and State Farm have cheap gap insurance in Florida with additional usage-based savings for good and low-mileage drivers.

Progressive provides customizable insurance plans that can evolve with the changing needs of drivers. Whether it involves adding new coverages or modifying existing ones, Progressive offers both financial security and flexible options that attract drivers looking for personalized solutions.

USAA delivers specialized auto insurance for military families and veterans in Florida. USAA’s dedication to outstanding customer service and comprehensive protection ensures that its members receive the highest level of care and peace of mind.

Use our free comparison tool below to see what Florida gap insurance quotes look like in your area.