"You don’t have to live on the hurricane-prone Gulf Coast or in “Tornado Alley” to face high property insurance costs.
At least one state in each of the nation’s four census regions (the Northeast, South, Midwest and West) made the list of the most expensive in which to insure a mortgaged home.
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| Property Insurance Costs Can be High in Every U.S. Region |
Over 5.3 million households paid more than $4,000 a year for their property insurance in 2023 but costs varied across the country, according to the U.S. Census Bureau’s American Community Survey (ACS).
Information on property insurance cost is collected from all homeowners, regardless of whether their home has a mortgage, and is counted as part of their monthly housing costs."
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