Car insurance in Florida is costliest in country. What's driving the sky-high rates?

The high price of rent and home insurance are making things tough for people here in South Florida. And now, many are taking another financial hit. The cost of car insurance in our state is sky-high. But what’s “driving” the rise in rates? 7’s Karen Hensel investigates.

[Eag]

All thanks to uninsured drivers daily crashes, and reckless drivers.

[henriquesaldana]

A little worse??? I would say that's a huge increase in Florida and the insurance companies are getting richer.

[emerson]

61% annual increase....Geico....no accidents or tickets.

[drew]

So glad it left Florida when I did. I lived there for 5 years and basically threw money away paying for car insurance. Ridiculous premiums that are not justified. Get out if you can!

[mikemoffin]

My rent jumped from $800 a month to $1600 since desantis became governor, that's why I moved to Georgia.

[edschoenfeld]

It is crazy, just moved here from NJ.Have to cars still reg and insured in NJ, waiting for titles.Trade in my car and bought 2023 Challanger. I am 57 have class b license and now paying over 6000 a yr.With other 2 cars looking around 18000.Thats insane and we are going to shop around.Why are the good drivers that do the right thing are the ones who suffer.When you talk about car almost 1200, then health at 800 month add your morgage.Then say you will lower minum wage.How do you expect to live.This is why so many probally don't have insurance.

[gchsbus]

ANYONE PAUSE THE VIDEO AND READ THAT GUY'S LETTER. The state approved these rate increases. The news shows the guy's letter begging them to investigate and nothing is said.

[thomazz]

The way they drive it's not surprising.

[chillinthe]

Don’t you have to have insurance, in order to get and keep license plates?

[calliopejackson]

And to elaborate what I mean by what can they do is just like how they have gone ahead and decided as a collective as insurance companies to raise the rates on everybody in Florida all Floridians need to get together as a collective in the state of Florida and decide not to pay car insurance to anybody and I bet something will happen but I know everybody is too scared. It is what it is you’re all just lambs to the slaughter.

[RealCptHammonds]

This is because we are a no fault insurance state.

[e.]

My left window was $300.00 because the window device broke.

[stevenjohnson]

i hope more people from other state move to Florida so ya can keep on payin lots more insurance that’s what u get for living in paradise called Florida 😄

[TyGuy]

More people are going to become uninsured and those claims will go up and it will keep getting worse....cycle never ends. Insurance companies continue to chop off their nose to spite their face all out of greed. It will eventually catch up with them -and their supporters in govt - until the state becomes forced to step in.

[calliopejackson]

It’s nice to talk about it on the news, but what is the politicians going to do about? It is my question every time we have an election in Florida people promises better housing grades, cheaper insurance better roads more money none of this ever happens. What is wrong with you sheep. Either people need to vote for better politicians or wake up in rebel and nobody get a car insurance because car insurance is not a law it’s just something that’s required by the state so if none of us get it what can they do?

[mikemoffin]

Florida has the highest inflation and crime rate since desantis took over the state, Florida is going to hell under desantis, I really missed those days when everything was cheap and affordable, Rick Scott was a much better governor.

[time]

Easy. One half can't drive and the other half are stolen...

[pepirebs]

Im in the automotive business! This is a joke and a rip off!

[MRantzWI]

Interesting how it's always the fault of the number of accidents, or fraud of the insurers and now it's the fault of the auto glass replacement companies. But it's never the fault of the insurance companies just plain being greedy. No...never that. From $7, 000 to $14, 000 grand a year for a truck and trailer & perfect driving record? Come on. It's corporate greed lining their own pockets, and I hate to tell ya, but your governor down there is all about corporate greed.