The 10 Most Hurricane-Prone States With Rising Home Insurance Costs

The Impact of Hurricanes on Home Insurance Costs

Residents of hurricane-prone states are well-versed in preparing for these natural disasters, but many may not be aware of the escalating costs associated with home insurance. According to recent projections by Insurify, the national average annual cost of home insurance is set to increase by 8% by the end of 2025, reaching $3,520.

Understanding the Risks and Costs

Insurify’s research combines storm probability with projected home insurance cost increases for 2025. Here’s a breakdown of the top 10 most hurricane-prone states and their expected insurance costs:

1. Florida

   • Major hurricane probability: 35% (21% above average)
   • Named storm probability: 92% (7% above average)
   • Projected home insurance cost increase in 2025: 9%
   • Projected annual cost by end of 2025: $15,460

2. Texas

   • Major hurricane probability: 19% (19% above average)
   • Named storm probability: 70% (15% above average)
   • Projected increase: 9%
   • Projected annual cost: $6,522

3. Louisiana

   • Major hurricane probability: 18% (29% above average)
   • Named storm probability: 74% (12% above average)
   • Projected increase: 27%
   • Projected annual cost: $13,937

4. South Carolina

   • Major hurricane probability: 10% (25% above average)
   • Named storm probability: 66% (16% above average)
   • Projected increase: 4%
   • Projected annual cost: $4,172

5. Alabama

   • Major hurricane probability: 10% (25% above average)
   • Named storm probability: 67% (16% above average)
   • Projected increase: 7%
   • Projected annual cost: $5,831

6. North Carolina

   • Major hurricane probability: 9% (13% above average)
   • Named storm probability: 76% (12% above average)
   • Projected increase: 6%
   • Projected annual cost: $3,432

7. Mississippi

   • Major hurricane probability: 9% (13% above average)
   • Named storm probability: 62% (17% above average)
   • Projected increase: 8%
   • Projected annual cost: $5,198

8. Georgia

   • Major hurricane probability: 8% (33% above average)
   • Named storm probability: 72% (14% above average)
   • Projected increase: 8%
   • Projected annual cost: $3,826

9. Massachusetts

   • Major hurricane probability: 4% (33% above average)
   • Named storm probability: 40% (21% above average)
   • Projected increase: 2%
   • Projected annual cost: $2,432

10. New York

    • Major hurricane probability: 3% (50% above average)
    • Named storm probability: 32% (23% above average)
    • Projected increase: 5%
    • Projected annual cost: $2,855

These projections highlight the growing financial burden of homeownership in regions vulnerable to hurricanes. Homeowners in these states should be prepared for significant increases in their insurance premiums.