Florida's car insurance is about 55% more expensive than the national average. But you can still get a good deal by shopping around for a cheap company. For a good driver, Geico's full coverage rates are about $100 cheaper per month than the state average. Cheap liability-only car insurance in Florida: Geico, How much is car insurance in Florida? The average cost of car insurance in Florida for a full coverage policy is $4,069 per year, and minimum coverage costs an average of $1,078 per year. Compared , Drivers in Florida spend more on car insurance than in almost any other state: Full coverage auto insurance averages $4,125 a year, far higher than the national average of $2,692. In part , , , .