Overview
- Kin’s survey reports 82% of homeowners expect premiums to rise this year, with 19% planning to switch insurers and 31% unsure they can maintain adequate coverage.
- Nearly half of homeowners say they are considering relocating in 2026 because of extreme weather risk, with Florida and California the most commonly avoided states.
- Home insurance premiums rose 24% from 2021 to 2024, outpacing inflation by 11%, and Insurify estimates 2025’s average annual cost at $3,017, with Florida near $8,500.
- Insurify finds 59% saw premiums increase last year and 57% made financial sacrifices to pay for coverage, while many cannot drop policies because lenders require insurance.
- Analysts cited in recent reporting say tariffs, cuts to federal mitigation programs like FEMA’s BRIC, and reduced access to climate data are adding pressure to costs even as some expect fewer sharp hikes than in 2024.