Browsing: homeowner insurance

As climate-related disasters increase, homeowner insurance becomes more expensive and harder to secure. Some states are pioneering ‘climate-proof’ construction to mitigate these risks, offering insurance discounts for homes built or retrofitted with disaster-resistant features.

Despite bipartisan support, two key insurance reform bills stalled in the Louisiana legislature, leaving homeowners to grapple with some of the nation’s highest insurance premiums.

Average homeowner insurance premiums in Florida increased by 0.3% in Q1 2025, continuing an upward trend despite legislative reforms aimed at stabilizing costs

Consumer Watchdog’s lawsuit against California Insurance Commissioner Ricardo Lara has raised concerns about the stability of the state’s homeowner insurance market, potentially exacerbating an existing crisis in fire-prone regions.

A new study by Insurify projects that Louisiana and California will see the largest homeowner insurance rate increases in the U.S. this year, with Louisiana’s average annual premium expected to rise 27% to $13,937 and California’s increasing 21% to $2,930.