Disaster costs fell in the U.S. in 2025. Still, it was the fourth time in five years that extreme weather inflicted more than $100 billion in annual losses. Industry experts say the growing financial toll will make insurers wary of rushing to cut rates.
Wildfires last January destroyed communities around Los Angeles. Homeowners say recovery has been slowed by fights with insurers to get their claims paid.
Some of the country's highest home insurance prices are in the central U.S., a region generally considered to be protected from climate-driven disasters such as wildfires and hurricanes.
Home insurance is getting less affordable, and less available, as insurers raise prices and pull back from areas with extreme weather. That's forcing families across the country to make tough choices.
Insurance costs are soaring, and coverage is hard to find in some parts of the United States. Communities say insurers are ignoring their efforts to confront the problem.
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Homeowners in Florida, like other states, are seeing their home insurance rates soar. Multibillion-dollar disasters like hurricanes, tornadoes and wildfires have led insurers to hike premiums.
Climate change, technological leaps, panicked insurers, the shifting sense of responsibility: All are powering the still-nascent, but fast-growing industry of preparing homes for wildfires.
It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.
Floods, wildfires, heat waves and hurricanes cause billions of dollars of property damage each year. Can federal climate scientists help the insurance industry keep up?
