Average home insurance rates in 2025 will be $1,000 more per year than four years ago

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Average home insurance rates in 2025 will be $1,000 more per year than four years ago

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Average home insurance rates in 2025 will be $1,000 more per year than four years ago

//house-home.news-articles.net/content/2025/04/3 .. -be-1-000-more-per-year-than-four-years-ago.html

Published in House and Home on Wednesday, April 30th 2025 at 13:09 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

And some states are looking at a 27% spike this year.

Home insurance prices are projected to increase by an average of 8% in 2025, with some states facing hikes as high as 27%, according to a study by Insurify. This rise is attributed to factors such as increasing natural disaster risks, inflation, and higher reinsurance costs. States like Arizona, Utah, and Georgia are expected to see the most significant increases, with Arizona potentially facing a 27% surge. The study also notes that while some regions may experience relief due to regulatory changes or decreased disaster frequency, the overall trend points to higher premiums across the U.S., impacting homeowners' budgets and potentially affecting housing markets.

Read the Full Fortune Article at:
[ https://fortune.com/article/home-insurance-prices-will-spike-8-in-2025-with-some-states-seeing-a-27-rise-says-study/ ]