The average cost of home insurance in Florida is $2,490 per year, or about $208 per month, which is slightly lower than the national average of $2,511. The average rates in the state become much more expensive in the southern part of the state due to the increased risk of hurricanes, with premiums averaging closer to $4,000 a year.
The average cost of car insurance in Florida varies depending on the type of coverage you choose. For full coverage, the average monthly cost is around $316, or about $3,797 per year. For minimum coverage, the average cost is approximately $89 per month, or $1,065 annually. Another source notes that full coverage can average about $272 per month, equating to roughly $3,268 per year, while liability-only coverage costs around $196 per month, or $2,347 annually.