![Home Insurance Rates Spike 40% Nationwide, No States Spared [LendingTree Report]](https://realtytimes.com/images/k2/6b5dd2f6b7c96ac658e4c20e00f696c1.jpg)
According to LendingTree’s 2025 State of Home Insurance Report: Home insurance rates have spiked 40.4% in the past six years, with the last 2 years seeing double-digit increases.
2025 State of Home Insurance: https://www.lendingtree.com/insurance/state-of-home-insurance/
- Home insurance rates in the U.S. have risen by 40.4% over the past six years. Rates were relatively stable from 2019 - 2021 then surged in recent years:
- 2023: 11.0%
- 2024: 11.4%
- The average annual cost of home insurance across the U.S. is $2,801.
- Most expensive states: Oklahoma ($6,133) and Nebraska ($5,912).
- The lowest average rates: Hawaii ($632), California ($1,260) and Vermont ($1,339).
- Top States where Home insurance rates rose:
- Colorado: 76.6%
- Nebraska: 72.3%
- Utah: 70.6%
According to LendingTree’s insurance expert Rob Bhatt, these figures may add to homeowners’ financial stressors:
"Rising home insurance costs are squeezing homeowners’ budgets," Bhatt explains. "For new buyers, it means borrowing less while struggling to afford a home. For current homeowners, higher premiums leave less money for essentials. It’s a financial strain many simply can’t avoid."
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