"The latest Realtor.com® 2025 Housing and Climate Risk report reveals that a significant percentage of U.S. homes are exposed to severe climate risks like hurricanes, wildfires, and floods, affecting property values, insurance costs, and market stability. The burden of insurance costs is particularly high in certain at-risk metros, with the South facing the highest insurance costs relative to property values."
"Climate risks are at the forefront of discussions due to recent natural disasters and their impact on homeowners, particularly in disaster-prone areas. Miami, New Orleans, and Cape Coral are highlighted as cities with the highest insurance burdens, illustrating the challenges faced by homeowners in these regions. Homeowners in disaster-prone areas face high insurance costs relative to property values, impacting property values, insurance expenses, and market stability."
A significant percentage of U.S. homes are exposed to severe climate hazards such as hurricanes, wildfires, and floods, creating pressures on property values, insurance costs, and market stability. Insurance premiums are disproportionately high in many at-risk metros, particularly across the South where insurance costs are highest relative to property values. Miami, New Orleans, and Cape Coral face some of the largest insurance burdens, increasing financial strain on homeowners and raising concerns about affordability and long-term market resilience. Rising insurance expenses and climate-exposure patterns threaten to shift demand, alter pricing, and complicate risk management for homeowners and lenders.
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