Home Insurance Outlook 2025: Severe Weather, Building Costs Drive Up Premiums [Forbes]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Forbes
climate change, severe weather and more expensive claims increase insurance companies' costs. We talked to several Forbes Advisor insurance board members to get their thoughts and predictions for the 2025 home insurance landscape. ZIP Code Age Current Insurer Not Insured 21st Century AAA AllState Esurance Farmers GEICO The Hartford Liberty Mutual Nationwide Progressive State Farm Travelers MetLife Safeco USAA Other Military affiliation Good Credit Compare Rates Premiums Will Continue to Increase Homeowners insurance premiums have been rising steadily, and homeowners aren't likely to get a break in 2025. Home insurance rates increased by an average of 11% in 2023, according to a 2024 S&P Global Market Intelligence report. Arizona, Texas and Utah saw average increases of at least 20%. Many experts believe that this trend will continue for the foreseeable future. Home insurance costs have risen dramatically across much of the country
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SPGI
Earnings
- 10/25/24 - Beat
SPGI
Sec Filings
- 11/20/24 - Form 4
- 11/15/24 - Form 4
- 11/7/24 - Form 4
- SPGI's page on the SEC website