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Home Insurance Rates Spike 40% Nationwide, No States Spared [LendingTree Report]

Written by Posted On Wednesday, 02 July 2025 09:19

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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LendingTree

LendingTree is an online lending marketplace headquartered in the United States. The business platform allows potential borrowers to connect with multiple loan operators to find optimal terms for loans, credit cards, deposit accounts, insurance, etc.

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