Greener Living
US Home Insurance Prices Set to Keep Rising With Severe Weather
California is projected to see the biggest jump, while Florida is the most expensive market overall.
A damaged pool and house in Boca Grande on Gasparilla Island, Florida, following Hurricane Milton in 2024.
Photographer: Marco Bello/BloombergUS home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs.
The average annual premium is projected to increase 4% to about $3,057 this year, after jumping 12% in 2025, according to Insurify, an online insurance comparison site. The expected gain follows several years of steep growth in rates. Since 2021, premiums have climbed 46%, roughly three times as much as inflation, Insurify said.