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As Texas Burns, Property Insurance Costs Soar
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As Texas Burns, Property Insurance Costs Soar

Climate change is driving up the cost of home ownership

Aziz Sunderji's avatar
Aziz Sunderji
Mar 04, 2024
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Home Economics
Home Economics
As Texas Burns, Property Insurance Costs Soar
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In Smokehouse Creek, Texas, more than 1 million acres of land are on fire.

It’s the state’s largest wildfire on record, and the nation’s second-largest1. Natural disasters like this are one reason the price of home insurance is soaring. Texans now pay some of the highest premiums in the country.

The map below plots the annual cost of home insurance by sta…

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