ORLANDO – Florida homeowners may be familiar with the high insurance costs in the state, brought on in large part by the Sunshine State’s predilection for hurricanes.

But while Florida ranks high for homeowners insurance costs, there are actually two other states that rank even higher, according to a recent report by Bankrate.

In the February report, researchers looked at insurance rates from across all 50 states to determine which areas had the highest average annual premiums for dwelling coverage.

Overall, Florida came in No. 3, with a yearly average of over $5,800.

“Florida is a notoriously tough market for homeowners insurance due to the state’s risk level,” the report reads. “The Sunshine State’s long coastline and narrow shape mean that much of the state is at risk for hurricane damage, wind damage and flooding. Sinkholes are also a danger to Florida homes.”

However, the top two most expensive states turned out to be Nebraska (No. 1) and Louisiana (No. 2), with average premiums of over $6,200

Meanwhile, the full state-by-state ranking is as follows:

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