America’s Home Insurance Crisis Has a New Epicenter
Summary
Homeowners insurance problems in the U.S. have shifted from coastal states like California and Florida to Utah. In 2025, Utah had the highest rate of insurance companies refusing to renew policies, showing a new challenge in a state previously less affected.Key Facts
- Utah had the highest homeowners insurance nonrenewal rate in 2025 at 4.45%, meaning many insurers stopped renewing policies there.
- This rate in Utah was 8.4 times higher than in 2018 and 2.6 times higher than in 2024.
- California and Florida previously led in insurance nonrenewals due to risks from natural disasters and other issues.
- Florida has reduced problems by changing laws to limit lawsuits and reduce fraud.
- California updated rules to help insurers set better prices using climate risk data.
- Despite improvements, California still had the second-worst nonrenewal rate in 2025.
- Florida has the highest homeowners insurance premiums, with most paying $6,000 to $8,500 per year.
- Insurers leaving or cutting coverage create challenges for homeowners trying to find affordable insurance.
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