evidence: High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue [...] Florida is in the middle of an unprecedented insurance crisis. The state has the highest homeowners' insurance rates in the country, an Insurify study found. [...] Florida isn’t alone when it comes to rising homeowners' insurance rates. Nationally, the average cost of homeowners' insurance went up by 12% for $300,000 in property coverage, Insurify’s report found. The average annual cost now sits at $1,770.