"Insurers are shifting more financial responsibility to homeowners. Average deductibles increased 22% in 2025, and insurers are placing greater emphasis on property-specific risk factors, including roof age. Tools such as AI-driven inspections, satellite imagery and drone assessments are being deployed to evaluate properties and price policies based on actual conditions. Insurance pricing and availability continue to vary widely by geography, Matic found."
"Nationally, coverage availability improved, with the average number of quotes per consumer rising 78% from the market's low point in 2024. In higher-risk states like California, Florida and Texas, many homeowners remain dependent on the excess and surplus market. Excess and surplus policies accounted for 16% of Matic policies in these states by the end of 2025, up from less than 2% in 2023."
Average premiums for new policies rose 8.5% year over year in 2025, down from an 18% increase in 2024, and now represent about 9% of a typical homeowner's monthly mortgage payment. Carriers have returned to rate adequacy and used technology to improve risk assessment, while calmer late-year weather helped stabilize the market. Average deductibles climbed 22% in 2025 as insurers shift more financial responsibility to homeowners and emphasize property-specific factors like roof age. AI inspections, satellite imagery and drones are being used to price policies. Pricing and availability vary widely by state, affecting mortgage qualifications.
Read at www.housingwire.com
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