Florida Drivers Save Big on Car Insurance
Orlando News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Florida drivers rejoice as major insurance companies like GEICO, Progressive, and USAA slash rates by an average of eight percent, saving seventy-eight percent of drivers real money. This comes after state regulators approved changes, with GEICO, USAA, and AAA already implementing cuts. Long-time Florida motorist Bryan Russi and insurance agent Ramon Moronta welcome the news, with Russi noting the help amid high costs. The rate cuts are a result of laws passed in 2022 and 2023, which cut insurers legal expenses from lawsuits, allowing companies to pass savings to customers. A family paying three thousand dollars a year on insurance can now save two hundred forty dollars annually. Agents recommend shopping around yearly for even bigger breaks.
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