PREMIUMHIKERates, notices, and the statute
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Educational notes for homeowners. Not an insurer, not an agent, and not advice about your policy.

CALCULATOR

What the increase costs

Use the annual premium on last year’s declarations and the annual premium on the renewal offer. The math stays in your browser. It is not a quote and not a forecast.

How to read it

The NAIC said inflation-adjusted average premiums rose about 2.4% to 5.3% a year from 2018 to 2024, depending on zone. A single renewal above that band is not evidence of an error. It is a reason to ask whether a rate revision, a replacement-cost change, or both are in the offer.

Does a repeating increase mean my premium will actually compound?

No. The three-year and five-year repeating lines are a what-if. They apply the same percent again each year so you can see the dollars. The NAIC’s 2.4% to 5.3% a year description is an inflation-adjusted regional pace for 2018–2024, not a prediction for your carrier.

Should I raise the deductible to get the premium down?

Only if you can pay that deductible after a total loss, including a percentage hurricane or wind deductible. A lower premium that you cannot fund at claim time is not a saving this calculator can bless.

Sources reviewed 2026-10-14

Open the document. The sentence above is only as current as that reading.

  1. [19] Examining Homeowner Property Insurance Market Dynamics, 2018–2024 (31 July 2026). NAIC Center for Insurance Policy and Research. Reviewed 2026-10-14. https://content.naic.org/sites/default/files/mcas-homeowners-property-insurance-market-dynamics-report.pdf
  2. [20] NAIC release on the 2018–2024 homeowners market analysis. National Association of Insurance Commissioners. Reviewed 2026-10-14. https://content.naic.org/article/naic-releases-first-its-kind-national-analysis-homeowners-insurance-market-trends
  3. [27] State insurance department directory. National Association of Insurance Commissioners. Reviewed 2026-10-14. https://content.naic.org/state-insurance-departments