Insurance experts say Florida drivers could see major savings as top carriers lower rates. According to the Insurance Information Institute, State Farm, Allstate, USAA, Progressive, and Geico have reduced premiums, with State Farm cutting rates 20 percent over the past year. The Auto Club Group has also lowered AAA policy rates by more than 15 percent, with another round of cuts planned. Experts advise drivers to consider bundling auto with home or renters insurance for additional savings.