Extreme Weather Impacts Home Insurance
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•Climate change is making home insurance costs more expensive. These maps show prices and weather risks in your state.
85% Informative
The average cost of dwelling insurance is $ 2,285 per year in the U.S. for a policy with a $ 300,000 limit.
That cost is based on numerous factors, including home size and claim history.
In some areas, homes are such great a risk that they're — if private insurance is even available.
Last year was the worst year for overall U.S. insured losses due to extreme weather.
Housing development insurance rates increased by an average of 12.5% annually , a report says.
A third of housing providers surveyed saw premium increases of 25% or more from 2022 to 2023 .
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