Insurance premiums are rising 5-15% per year in most states. See your projected 5-year premium based on your state's actual rate trajectory.
The 2020-2025 premium surge was driven by a confluence of factors that haven't resolved: reinsurance market hardening (+30-50%), construction cost inflation (lumber, labor, materials all up 25-40%), insurer market exits in high-risk states, climate change increasing severe weather frequency, and litigation cost pressure in select states.
Looking forward to 2027-2031, the base trajectory is national average increases of 5-7% per year. In disaster-prone states (FL, LA, CA, CO), expect 8-15% per year. In stable states (HI, VT, NH, ME), expect 2-5% per year. The 8% projection for Florida reflects the most likely scenario based on regulatory environment and recent rate filings.
The biggest variable in your individual rate trajectory is mitigation. Homeowners who implement Class 4 impact-resistant roofing, hurricane shutters or impact glass, secondary water barriers, and security systems can earn 15-25% in stacked discounts. In high-cost states, that's $2,322 per year by 2031 — making mitigation the single highest-ROI investment most homeowners can make.
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