FORT WASHINGTON, Penn. – A new study by Newrez, a national mortgage company, offered a good news/bad news view of homeowners’ insurance premiums from 2001 through 2025.
According to the study, after examining 1.2 million Newrez-serviced residential mortgage loans, the average annual homeowner’s insurance premium rose from $1,597 to $2,625 between yearend 2021 and yearend 2025. That figure showed a 64% increase. That’s the bad news.
However, the good news from the study was that growth in insurance costs had slowed to 10% in 2025, the slowest rate since 2021. Newrez also noted that Arizona recorded the largest annual insurance premium increase – up 94 %, while Alaska had the smallest increase of just 27% from 2021 through 2025.
According to the study, Louisiana had the highest average annual premium of $4,238, followed by Florida, $4,060, and Texas, $3,952, for 2025.