Home Insurance Rates Are Still Running Hot in Disaster-Prone States

Home Insurance Rates Are Still Running Hot in Disaster-Prone States

Homeowners in America’s most disaster-prone states are facing average premium increases of 34% year-over-year in 2026, according to fresh data released this month by the Insurance Information Institute.

The surge has pushed more than 18 million U.S. policyholders to actively compare quotes in the first quarter of 2026 alone, a 61% jump over the same period in 2025. The pressure is spreading into Louisiana, Texas, Oklahoma, Colorado, and parts of the Carolinas, where insurers are pulling back coverage or repricing policies.

In the hardest-hit counties, average premiums have crossed $6,500 to $11,200 per year, with some luxury coastal homes insured at more than $40,000 annually. State-backed insurers of last resort are absorbing more of the overflow. Florida’s Citizens Property Insurance now covers more than 1.9 million policies, California’s FAIR Plan has grown 312% since 2022, and Louisiana Citizens has more than doubled its policy count in 18 months.

Gobble's Take: When premiums keep climbing and more people start shopping, homeowners are left with fewer easy answers.
Source: Perplexity Search

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