Tariffs

Tariffs Are Driving Up Your Homeowners Insurance Premiums

When it costs more to build a house, it also costs more to rebuild one.

Joe Lancaster | 4.22.2026 1:05 PM

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More than a year ago, on "Liberation Day," President Donald Trump unilaterally imposed double-digit tariffs on imports from nearly every country on the planet. As a direct result, Americans have suffered higher prices ever since.

This holds true even in less obvious sectors of the economy. For example, I wrote last year that Trump's tariffs would likely drive up the cost of car insurance.

Similarly, the tariffs appear to be raising homeowners' insurance premiums, as well.

"Tariffs will add an extra $106 to the average homeowner's annual insurance costs," insurance comparison site Insurify projected earlier this year.

"Since April 2025, a 10 percent universal tariff has been applied to most imported goods, with steeper tariffs........

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