Florida auto insurance policyholders will soon receive rebate checks as Progressive Insurance is set to issue $1 billion in refunds, following recent insurance reform legislation in the state. The initiative aims to provide direct financial relief to millions of drivers, with average rebates expected to reach $300 per policyholder. For more details on this program, see the Progressive Insurance rebates for Florida policyholders in 2025 and how it may impact you.
Florida Auto Insurance Rebate Checks: Details on the $1 Billion Refund
The announcement of rebate checks for Florida auto insurance customers comes after significant legislative changes targeting the insurance market. According to Governor Ron DeSantis, the reforms enacted in 2022 and 2023 have stabilized the insurance sector, reduced litigation, and attracted new insurers to the state.
During a press conference in Sarasota, Florida, Governor DeSantis, joined by Florida Office of Insurance Regulation (OIR) commissioner Michael Yaworsky, confirmed that Progressive Insurance will distribute $1 billion in refunds to its Florida auto policyholders. The refunds are a direct result of lower claim costs and improved financial performance attributed to the state’s recent tort and insurance reforms.
Progressive Insurance to Distribute Rebate Checks
Progressive Insurance, an 88-year-old company and one of the largest auto insurers in the United States, will fund the rebate checks from a $1 billion pool. According to a preliminary report from the Governor’s Office and statements from Progressive, the company recorded a $950 million policyholder credit expense in September 2025, reflecting profits earned over a three-year period ending this year. This move comes as property insurance companies in Florida see profits surge due to recent legislative reforms.
Troopers said the average rebate for Florida policyholders is expected to be around $300. However, the exact amount may vary based on the length of time a customer has held a policy with Progressive. The rebate could be issued as a mailed check or as a credit applied to the policyholder’s account.
Timeline for Rebate Distribution
According to official sources, most Progressive auto policyholders in Florida should expect to receive their rebate checks or credits by December 31, 2025. The company serves approximately 2.7 million personal auto policyholders in the state.
Impact of Florida Insurance Reform Legislation
The rebate checks are part of broader efforts to improve the insurance market in Florida. Governor DeSantis stated that the reforms have led to decreasing auto and home insurance rates and a decline in frivolous litigation. These changes have allowed insurers like Progressive to realize significant savings, which are now being passed on to consumers.
According to the Florida Office of Insurance Regulation, the state has seen an increase in filings for rate decreases or 0% rate increases among residential insurers. As of January 2024, 33 companies filed for rate decreases, while 46 requested no increase. One major insurer, Florida Peninsula Insurance proposes a historic rate cut for homeowners, reporting its largest rate decrease in company history, with reductions averaging between -8.4% and -12% for condo owners.
Potential for Additional Refunds
Commissioner Michael Yaworsky indicated that other insurance companies may follow Progressive’s lead in issuing rebate credits starting in 2026. He emphasized that millions of consumers could benefit as more companies process refunds in response to the improved market conditions.
Auto Insurance Costs in Florida: Current Trends
According to industry data, the average monthly cost for full coverage auto insurance in Florida in 2025 is approximately $223, while minimum coverage averages $67 per month. Annually, this amounts to about $2,671 for full coverage and $806 for minimum coverage. Since 2024, the average cost for full coverage has increased by 12%.
The top five auto insurance companies in Florida are State Farm, Progressive, GEICO, Allstate, and USAA, according to Bankrate.
Other Consumer Relief and Settlements
In addition to the Progressive rebate checks, select Americans have until the end of 2025 to claim up to $2,500 in a data breach settlement involving six major insurance companies. Some individuals may qualify for even larger payouts in other settlements, according to official reports.
Frequently Asked Questions About Florida Auto Insurance Rebate Checks
What are Florida auto insurance rebate checks?
Florida auto insurance rebate checks are refunds issued to policyholders by insurance companies, such as Progressive, as a result of recent state insurance reforms. These rebates are designed to return savings from reduced claim costs and litigation expenses to consumers.
How much will Progressive policyholders receive in rebates?
Most Progressive auto insurance policyholders in Florida are expected to receive an average rebate of about $300. The exact amount may vary depending on how long a customer has held a policy with the company.
When will Florida drivers get their auto insurance rebate checks?
According to official sources, most Progressive policyholders in Florida should receive their rebate checks or credits by December 31, 2025. The rebates may be sent as checks or applied as credits to existing policies.
Are other insurance companies offering similar rebate credits?
Officials from the Florida Office of Insurance Regulation have stated that other insurance companies are expected to begin issuing rebate credits starting in 2026. Details may be updated as more companies announce their plans.
Can you get a rebate if you have home insurance in Florida?
Currently, there is no confirmation that home insurance policyholders will receive rebates. However, some insurers have filed for rate decreases or 0% increases, which may provide indirect savings for homeowners in Florida.
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