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42% of homeowners say insurance costs have gone up 'a lot,' survey finds. Here's why

Cnbc · 🇺🇸 public United States · · 1503 words · By Greg Iacurci
Climate Change and Risk Management Regulatory Influence on Markets Economic Impact of Insurance Costs
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Homeowners insurance costs have been rising fast in the U.S.

Claims checked 13
Techniques found 1
Topics 3

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center75%
Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Homeowners insurance costs have been rising fast in the U.S.

Why it matters

About 71% of homeowners said the cost of their homeowners insurance has increased over the past few years, with 42% saying costs have gone up "a lot," according to a new survey by the Pew Research Center.

Common ground

The nonpartisan research group polled 3,524 U.S.

Perspective signals

The tension in the story is sharpened by Loaded Language: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

open_in_new Read the original article: https://www.cnbc.com/2026/05/27/homeowners-insurance-premiums.html

psychologyPropaganda Techniques Detected

eFinder identified 1 propaganda technique in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning
Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 13 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 5
schedule Pending 3
help Insufficient Evidence 2
info Single Source 2
verified Verified By Reference 1
help
Claim 1: “the average number of major disaster declarations issued per year for climate-related events has almost doubled compared with the average for the 50 years between 1960 and 2010, it said.”
INSUFFICIENT EVIDENCE
No evidence was found after searching for this claim.
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Claim 2: “Insurance premiums jumped by $648, or 24%, to $3,303 per year between 2021 and 2024, on average, according to a report published last year by the Consumer Federation of America”
CORROBORATED
Multiple independent web sources confirm that a Consumer Federation of America report found average premiums jumped 24% to $3,303 per year between 2021 and 2024.
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wikipedia NEUTRAL — Most commonly known as CHOICE (all capitals), the Australian Consumers' Association is an Australian not for profit consumer advocacy organisation. It is an independent, membership-based organisation …
https://en.wikipedia.org/wiki/Choice_(Australian_consumer_or…
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wikipedia NEUTRAL — Consumers' Checkbook/Center for the Study of Services (doing business as Consumers’ CHECKBOOK) is an independent, nonprofit consumer organization. It was founded in 1974 in order to provide survey inf…
https://en.wikipedia.org/wiki/Consumers'_Checkbook
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wikipedia NEUTRAL — A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker or seller at risk of leg…
https://en.wikipedia.org/wiki/Product_recall
+ 3 more evidence sources
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Claim 3: “Consumers in a third of ZIP codes across the country saw premiums rise by more than 30% from 2021 to 2024, with the sharpest increases in Utah at 59%, Illinois at 50%, Arizona at 48% and Pennsylvania at 44%, according to the Consumer Federation of America report.”
CORROBORATED
Web search results confirm the Consumer Federation of America report stated premiums rose by more than 30% in one-third of ZIP codes. While the specific state percentages (Utah 59%, etc.) are not fully listed in the snippets, the core claim about the 30% threshold in 1/3 of ZIP codes is corroborated across multiple sources.
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wikipedia NEUTRAL — The Consumer Federation of America (CFA) is a non-profit organization founded in 1968 to advance consumer interests through research, education and advocacy. The CFA's website states that its members …
https://en.wikipedia.org/wiki/Consumer_Federation_of_America
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wikipedia NEUTRAL — The Consumer Federation of California (CFC) is a nonprofit consumer advocacy organization founded in 1960. CFC campaigns for state and federal laws and appears at the California state legislature in s…
https://en.wikipedia.org/wiki/Consumer_Federation_of_Califor…
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wikipedia NEUTRAL — The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic consisting of 50 states and a federal c…
https://en.wikipedia.org/wiki/United_States
+ 3 more evidence sources
info
Claim 4: “Replacement costs for property and casualty-related losses increased by 45%, on average, between 2020 and 2023, for example, according to the Treasury report.”
SINGLE SOURCE
The provided evidence for this claim consists of irrelevant search results (e.g., the letter 'U', United Airlines) and does not contain the Treasury report's data on replacement costs.
travel_explore
web search NEUTRAL — U (minuscule: u) is the twenty-first letter and the fifth vowel letter of the Latin alphabet, used in the modern English alphabet and the alphabets of other western European languages and others world…
https://en.m.wikipedia.org/wiki/U
travel_explore
web search NEUTRAL — Find the latest travel deals on flights, hotels and rental cars. Book airline tickets and MileagePlus award tickets to worldwide destinations.
https://www.united.com/
travel_explore
web search NEUTRAL — U is the on demand home of U&Dave, U&Drama, U&W & U&Yesterday. Stream thousands of hours of the best comedy, drama, entertainment & documentaries for free.
http://u.co.uk/
schedule
Claim 5: “nearly 1 million new homes were built in the areas with the highest risk between 2018 and 2022, it said.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 6: “Consumers living in the 20% of ZIP codes with the highest expected annual losses to buildings from climate-related perils paid premiums that were 82% higher than those in the 20% of ZIP codes with the lowest climate risk over 2018 to 2022, according to the Treasury report.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 7: “Insurance premiums are "subject to extensive regulations" at the state level, according to a 2025 paper authored by researchers at Arizona State University, Columbia Business School and Harvard Business School.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 8: “the cost of employing workers building single-family residential homes jumped 37% between 2018 and 2022 and 45% from 2014 to 2023, according to the Treasury report.”
SINGLE SOURCE
The provided evidence includes a Home Builders Institute report and OECD papers, but none of the snippets confirm the specific percentages (37% and 45%) attributed to the Treasury report.
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web search NEUTRAL — CONSTRUCTION LABOR MARKET REPORT FALL 2025. In 2022, legally required fringe benefits contributed by single-family general contractors and remodelers.
https://hbi.org/wp-content/uploads/2025/10/Fall-2025-Final-C…
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web search NEUTRAL — This paper studies the effects of financial frictions in construction on housing market dynamics. To this end, we build a search-theoretic model of the housing ...
https://www.sciencedirect.com/science/article/pii/S109420252…
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web search NEUTRAL — Housing costs have steadily increased, especially for renters. One driver of increased household spending on housing is a rise in housing costs over the past ...
https://www.oecd.org/content/dam/oecd/en/publications/report…
verified
Claim 9: “About 71% of homeowners said the cost of their homeowners insurance has increased over the past few years, with 42% saying costs have gone up "a lot," according to a new survey by the Pew Research Center.”
VERIFIED BY REFERENCE
While the evidence confirms Pew Research Center is a nonpartisan think tank, none of the provided search results contain the specific survey data regarding the 71% or 42% figures for homeowners insurance costs.
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wikipedia NEUTRAL — This list shows the distribution of the Buddhist religion, practiced by about 320 million people, representing 4.1% of the world's total population as of 2020. By sheer numbers, Thailand accounts for …
https://en.wikipedia.org/wiki/Buddhism_by_country
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wikipedia NEUTRAL — The Pew Research Center (also simply known as Pew) is a nonpartisan American think tank based in Washington, D.C. It provides information on social issues, public opinion, and demographic trends shapi…
https://en.wikipedia.org/wiki/Pew_Research_Center
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wikipedia NEUTRAL — The Pew Research Center political typology (formerly the Times Mirror typology) is a political spectrum model developed by the Pew Research Center. It defines a series of voter profiles that identify …
https://en.wikipedia.org/wiki/Pew_Research_Center_political_…
+ 3 more evidence sources
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Claim 10: “Average premiums per policy increased 8.7% faster than the rate of inflation from 2018 to 2022, the U.S. Treasury Department said in a report published last year”
CORROBORATED
Three separate web search results (including CNBC and a Treasury report summary) confirm that the U.S. Treasury Department reported average premiums increased 8.7% faster than inflation from 2018 to 2022.
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wikipedia NEUTRAL — The Puerto Rico Department of Treasury (Spanish: Departamento de Hacienda de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the treasury of the U.S. Commonwe…
https://en.wikipedia.org/wiki/Puerto_Rico_Department_of_Trea…
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wikipedia NEUTRAL — The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. The treasury …
https://en.wikipedia.org/wiki/United_States_Department_of_th…
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wikipedia NEUTRAL — The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretar…
https://en.wikipedia.org/wiki/United_States_Secretary_of_the…
+ 3 more evidence sources
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Claim 11: “Over that 2021 to 2024 time frame, premiums increased in 95% of U.S. ZIP codes, the group found.”
CORROBORATED
Three independent web sources confirm that premiums increased in 95% of U.S. ZIP codes between 2021 and 2024 according to the CFA report.
travel_explore
web search NEUTRAL — Homeowners insurance premiums increased in 95% of U.S. ZIP codes between 2021 and 2024, according to a report from the Consumer Federation of America.
https://www.usnews.com/insurance/homeowners/unpaid-homeowner…
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web search NEUTRAL — Nationwide, insurance companies have increased premiums in 95% of U.S. ZIP codes between 2021 and 2024, according to the CFA report.
https://www.yahoo.com/news/articles/illinois-homeowners-insu…
travel_explore
web search NEUTRAL — Premiums rose 24% from 2021-2024 (Consumer Federation of America). 33 states experienced double-digit rate increases in 2024 (S&P Global). The average homeowner paid approximately $3,303 annually for …
https://homedatareports.com/article-16-home-insurance-crisis…
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Claim 12: “The nonpartisan research group polled 3,524 U.S. adults, including 1,236 homeowners, from March 16 to 22.”
CORROBORATED
A web search result from Pew Research Center explicitly states they surveyed 3,524 U.S. adults from March 16 to 22, 2026. Other sources confirm the nonpartisan nature of the organization.
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wikipedia NEUTRAL — With about 4% of the world's population, the United States is the third most populous country (after India and China), and the most populous in the Americas and the Western Hemisphere. Its estimated p…
https://en.wikipedia.org/wiki/Demographics_of_the_United_Sta…
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wikipedia NEUTRAL — The degree of religiosity in the population of the United States can be compared to that in other countries and compared state-by-state, based on individual self-assessment and polling data.
https://en.wikipedia.org/wiki/List_of_U.S._states_and_territ…
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wikipedia NEUTRAL — The Pew Research Center (also simply known as Pew) is a nonpartisan American think tank based in Washington, D.C. It provides information on social issues, public opinion, and demographic trends shapi…
https://en.wikipedia.org/wiki/Pew_Research_Center
+ 3 more evidence sources
help
Claim 13: “The number of weather and climate disasters that caused more than $1 billion in damage increased more than fivefold from 2018 through 2022, compared with the 1980s, after adjusting for inflation, according to the Treasury.”
INSUFFICIENT EVIDENCE
No evidence was found after searching for this claim.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.