Insurance experts say it's time to shop for your auto policy because rates are dropping across the board.

Mark Friedlander with the Insurance Information Institute says the five largest carriers that make up 80 percent of Florida's market are all dropping rates. Those include State Farm, Allstate, USAA, Progressive and Geico.

"In fact, we just learned from State Farm, they have filed four rate reductions over the past year, totaling 20%. So State Farm, which is the number one auto insurer in the United States based on its market share, they have filed four rate reductions in Florida over the past year, totally 20%," Friedlander said, "we're not seeing this anywhere else in the country."

The Auto Club Group announced that since January, they've had three separate rate decreases for AAA-b

See Full Page