Insurance commissioner credits legislative reform for reductions.
Florida’s five largest auto insurance groups are indicating an average rate decrease of 8% for 2026, Florida Insurance Commissioner Mike Yaworsky announced March 5.
The five groups — Progressive, Berkshire Hathaway (GEICO), State Farm, Allstate and USAA — collectively represent 78% of Florida’s auto insurance market. One of the groups is indicating a rate decrease of as much as 16.5%.
“The historic legislative reforms continue to drive auto insurance rates down — with nearly 80% of Florida’s auto policyholders seeing lower rates for 2026,” Yaworsky said. “Florida’s top five auto writers are already
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