evidence: The primary reasons for rising home insurance rates include increases in significant natural disasters and the cost of building materials. Multiple insurers have stopped selling homeowners insurance policies in high-risk states, such as Florida, which also contributes to higher costs. [...] Homeowners insurance premiums have continued to rise in recent years, up to a national average of $2,728 per year in 2024. But while many people throughout the U.S. are paying more for homeowners coverage, there are ways to try to bring your premiums down. Like any major purchase, it pays to shop around for a homeowners policy and search for the best rates for your home. You can enter your ZIP code in the tool below and follow the steps to start getting quotes from multiple providers in just a few minutes. [...] Florida insurance is so expensive because hurricanes affect homeowners in Florida more than in any other state. Florida also has a history of high levels of insurance fraud and litigated home-related claims. Because of this high propensity for property damage caused by natural disasters and other factors, insurers are either increasing rates or not doing business in Florida.