Active Crisis — Updated Weekly

Insurance Crisis Dashboard

Insurance costs have risen ~70% since 2020. In Florida, Louisiana, and California, carriers are withdrawing entirely. This dashboard tracks the crisis by state and its impact on real estate investors.

$6,587/yr

Highest State Avg

Nebraska (Bankrate)

$601/yr

Lowest State Avg

Hawaii

Up to ~70%

National Avg Increase

Since 2020 (ICE/CBS)

19+

Carrier Insolvencies

FL + LA combined

Insurance Impact Calculator

Monthly Rent

Annual Insurance

Insurance as % of Gross Rent

16.7%

Moderate — factor into proforma carefully

State-by-State Insurance Data

NebraskaCrisis

Most expensive state per Bankrate; severe weather claims increasing

$6,587/yr

+25% YoY

LouisianaCrisis

12 insolvencies + ~12 voluntary exits 2020-2023; rates stabilizing in 2025

$6,274/yr

+0% YoY

FloridaCrisis

7 insolvencies 2022-2023; Citizens peaked at 1.42M policies (now ~385K after reforms)

$5,838/yr

+2% YoY

KansasHigh Risk

Tornado alley; rising severe weather claims

$4,800/yr

+14% YoY

OklahomaCrisis

Rising tornado/hail claims

$4,695/yr

+24% YoY

TexasHigh Risk

Hail/wind claims; some coastal restrictions

$4,613/yr

+10% YoY

MississippiHigh Risk

Hurricane exposure; coastal restrictions

$4,200/yr

+11% YoY

ColoradoCrisis

Hail capital of the US; Marshall Fire aftermath; 2nd highest YoY increase nationally

$4,075/yr

+33% YoY

GeorgiaModerate

Limited; coastal Savannah area only

$2,860/yr

+8% YoY

MissouriModerate

Tornado risk; St. Louis hail

$2,850/yr

+7% YoY

South CarolinaModerate

Coastal wind; inland OK

$2,750/yr

+7% YoY

North CarolinaModerate

Coastal wind pool; inland stable

$2,680/yr

+6% YoY

TennesseeModerate

Minimal issues; tornado risk only

$2,450/yr

+5% YoY

MichiganLow Risk

None significant

$2,400/yr

+5% YoY

AlabamaModerate

Coastal wind; inland stable

$2,380/yr

+5% YoY

IowaModerate

Derecho/severe storm claims rising

$2,350/yr

+12% YoY

CaliforniaCrisis

State Farm, Allstate stopped new policies; Farmers resumed limited writing; 7+ carriers restricted

$2,268/yr

+16% YoY

ArizonaLow Risk

Minimal; wildfire-adjacent only

$2,200/yr

+6% YoY

PennsylvaniaLow Risk

None significant

$2,100/yr

+4% YoY

NevadaLow Risk

None significant

$2,100/yr

+4% YoY

OhioLow Risk

None significant

$2,076/yr

+4% YoY

IndianaLow Risk

None significant

$1,850/yr

+3% YoY

MassachusettsLow Risk

None significant

$1,750/yr

+3% YoY

HawaiiLow Risk

None

$601/yr

+2% YoY

Premiums: Bankrate 2026 ($300K dwelling coverage). YoY changes: Insurify 2025-2026 projections. Carrier data: state insurance dept filings, Triple-I, S&P Global. Last verified April 2026.

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