Since 2019, property insurance costs are up 72%.

“This claim is well-supported by recent economic data. A March 2026 report from the Federal Reserve Bank of Dallas states that "Insurance premiums nationally rose about 70 percent from 2019 to 2025." Additionally, a September 2025 analysis by the Federal Reserve Board on multifamily properties found that average property insurance costs increased by more than 75% from 2019 to 2024. While some analyses show lower national averages, the figure cited in the claim aligns closely with multiple authoritative sources. Context: The increase in property insurance costs varies significantly by location and property type. While the national average increase is substantial, some states, particularly those prone to natural disasters like Colorado and Nebraska, have seen even higher cumulative increases, with some exceeding 75% between 2019 and 2024.”