09/09/2026
Homeowners insurance rates have risen sharply in states like Florida and California for years. Now, the affordability crisis is spreading across the country. Nationwide, home insurance rates rose nearly 47% from 2020 through 2025, according to LendingTree's 2026 State of Home Insurance report. In the hardest-hit states, the 2025 jump was about three times the national average. Colorado saw rates jump 18.3%, while Minnesota and Iowa were close behind at 17% and 14.7%, respectively. No state included in LendingTree's analysis saw rates fall that year. Nebraska, which had the fifth-largest rate increase at 72%, now has the second-highest average homeowners insurance cost in the country at $4,956 a year. That's more than double the national average. Hail, wind, and wildfires have become the primary risk drivers. Bringing down insurance costs can involve: Shop around regularly, Raise your deductible if you can afford it, Bundle home and auto coverage: Many insurers offer a multipolicy discount. Compare the combined price with the cost of buying the policies separately. Ask about available discounts: Security systems, smoke detectors, and other safety features may qualify you for a discount. Some insurers also reward newer roofs or updated plumbing. Make your home more disaster resistant. Review your coverage limits and improve your credit score. (USA TODAY)
