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Why are Florida car rentals so expensive?

With all these car hire companies looking to replenish their fleets all at once, demand is outstripping supply, thus the increase in prices. Some visitors are just swallowing the increased car hire pricing and paying up, but the increased cost is out of reach for many planning their Florida holiday.



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Florida is definitely a driving state, meaning that getting around is generally much easier in a car than by foot. There are some cities and beach towns that are more walkable, but overall, when it comes to getting around, having a car will make your life a lot easier.

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Why are car rentals so expensive right now in 2023? Car rentals cost more than they did a few years ago due to many different factors, but primarily because of supply chain issues related to the COVID-19 pandemic.

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Renting a car can be cheaper than flying because the travel expenses look a lot like driving your own car. You'll pay for the use of the car, fuel, and e-Toll service (if you use it)—but you don't have to pay for depreciation or insurance (unless you opt for add-on protections/insurance).

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Through 2023 at least, limited vehicle availability will continue. However, most experts report some recovery on the horizon. There were finally early signs of increased allocation to rental fleet channels in fall 2022. Operators still need to be clever in how they source cars as we inch toward supply recovery, though.

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No, you do not need rental car insurance in Florida. Rental car companies in Florida provide the minimum state-required liability insurance coverage, more specifically, they provide $25,000 in property damage liability coverage per accident. Florida requires drivers to carry personal injury protection (PIP), too.

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What do you need to rent a car?
  1. To be 25 years old (if you're under 25, you may be required to pay a young driver's fee, which varies by rental location)
  2. A valid driver's license with a photo.
  3. A photo ID (For example: a driver's license or passport)


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Are you a foreign traveler planning a trip to the United States? If so, you might be wondering whether it's possible for foreigners to rent a car in the US. Fortunately, the answer is yes!

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