Quandri P&C Index: U.S. Home Insurance Premium Increases Are Easing, With Renewal Hikes Roughly Halved Over the Past Year (opens original article in a new tab)

U.S. home insurance premium increases are easing, with median renewal hikes nearly halving from 13% to 6% over nine months, though most homeowners still face higher rates.

• Median home insurance premium increases fell from 13% to 6% over nine months
• Share of renewals with 20%+ increases halved from one in three to one in six
• Insurers raised dwelling coverage on 90% of renewals, with adjustments shrinking from 7% to 4%