Home insurance rates are rising due to costlier claims from severe weather, higher rebuilding costs from inflation, and growing catastrophe losses.
By the Home & Dime Editorial Team · Updated 2026
The main drivers
- More frequent, severe storms and wildfires.
- Inflation raising labor and material costs.
- Higher reinsurance costs passed to consumers.
What you can do
- Raise your deductible to lower premiums.
- Bundle home and auto.
- Improve your home’s resilience for discounts.
Frequently asked questions
Will rates keep rising?
Trends point to continued pressure in high-risk regions.
How can I lower my premium?
Raise deductibles, bundle, and ask about mitigation discounts.
Related guides
Sources: Insurance Information Institute (iii.org); Consumer Financial Protection Bureau; FEMA; state Departments of Insurance. General information, not insurance advice.