Nationwide homeowners insurance premiums are expected to keep rising in 2026, with avg. annual costs projected ↑4% to ~$3K for many US households.
Costs are climbing nationwide as natural disasters grow more frequent and severe, while repairs, materials, labor, and local factors also add pressure.
Higher premiums are increasingly flowing into monthly mortgage payments through escrow, so insurance budgeting now matters alongside principal, interest, and taxes for homeowners.
First-time buyers may feel the pressure most, because rising insurance costs can affect affordability calculations early in the homebuying process for new households.
Coverage changes remain another watch point: some insurers are cutting coverage, refusing renewals, or restructuring policies to shift more risk toward homeowners.