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The 5 U.S. states where home insurance rates have climbed the most

Home insurance premiums aren't climbing evenly across the country. A LendingTree analysis ranks the states absorbing the steepest increases since 2020

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Homeowners renewing their insurance policies over the past five years have opened each annual letter to a larger number than the one before, and not a single state has been spared. The increases started as small adjustments that were easy to absorb, then accelerated into double-digit jumps that caught millions of policyholders off guard. For many households, the premium line on their annual budget has quietly become one of the fastest-growing expenses they carry, outpacing both wages and broader inflation over the same period.

The numbers reflect a compounding problem. National home insurance rates rose a cumulative 46.8% from 2020 to 2025, with the sharpest single-year spike hitting 12.7% in 2024 before easing slightly to 6% in 2025. Severe weather drove much of the acceleration, with the U.S. averaging about 23 billion-dollar disasters per year between 2020 and 2024, up from roughly 15 per year in the prior five-year stretch, and the jump in severe convective storms was even more pronounced, rising from about nine per year to more than 14. Pandemic-era supply chain disruptions compounded the damage further, with lumber prices alone surging more than 300% between 2020 and 2021, pushing up the cost of every repair from roof patches to structural framing, and labor shortages in the construction trades made rebuilding both slower and more expensive.

LendingTree's 2026 State of Home Insurance report analyzed rate data from S&P Global $SPGI -0.55%'s RateWatch alongside Quadrant Information Services premium filings to rank every state by cumulative rate growth and current average cost. The findings reveal enormous variation hidden beneath the national average, with cumulative increases ranging from 19.2% in the most insulated states to more than 100% in the hardest-hit one. Five states absorbed the steepest premium growth over the five-year window, each pushed by a distinct mix of weather exposure, rising construction costs, and market instability.

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Home insurance rates in Colorado more than doubled between 2020 and 2025, a 100.8% cumulative increase that leads the nation by a wide margin, LendingTree's analysis found. The average annual premium in the state now runs $4,310, roughly 80% above the national average of $2,395, and the 18.3% single-year increase in 2025 was also the country's largest. Homeowners here haven't had a single year of modest premium growth in the past half-decade, with each renewal cycle compounding on an already elevated baseline and pushing the total further from what comparable coverage costs in lower-risk regions.

Three overlapping risk categories explain why insurers treat Colorado as one of the most expensive states to underwrite. CoreLogic data cited in the report places Colorado second in the country for wildfire-exposed housing, with more than 321,000 properties facing at least moderate fire risk and roughly $141 billion in total rebuilding costs tied to those homes. That exposure isn't concentrated in a handful of mountain communities. Residential development along the Front Range has steadily expanded into terrain that wasn't considered........

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