March Map of the Month

Home insurance costs are rising across the Southeast, threatening housing affordability for homeowners and renters alike. With the frequency and severity of climate-related disasters increasing, insurers are passing higher costs onto policyholders. Between 2018 and 2022, home insurance premiums written by the top 10 insurers in the region surged from $9.4 billion to $14.3 billion. Florida and Louisiana have been hit particularly hard and have some of the highest premium increases and non-renewal rates in the country.