Weekly Roundup: Trump Policies Are Driving Up Home Insurance Costs
FOR IMMEDIATE RELEASE
December 12, 2025
Contact: contact@insurancefairnessproject.com
Weekly Roundup: Trump Policies Are Driving Up Home Insurance Costs
Each week, the Insurance Fairness Project highlights the latest developments in the national climate-driven property insurance crisis. For more insurance updates, follow us on LinkedIn, X/Twitter, and Bluesky.
1/ TRUMP POLICIES ARE DRIVING UP HOME INSURANCE COSTS: New reporting highlights three converging pressures on insurance prices: an uptick in climate‑driven disasters, inflationary pressures on building materials, and ongoing supply‑chain disruptions that inflate repair costs. Between 2021 and 2024, the average annual premium surged by $648.
Capital and Main: Trump’s Anti-Climate Policies Are Driving Up Insurance Costs for Homeowners, Say Experts
“At a time when homeowners are struggling to afford home insurance premiums, the Trump administration has a bunch of policies that are all driving up insurance costs,” said Michael DeLong, the Consumer Federation of America’s research and advocacy associate.
2/ NEW REPORT FROM CLIMATE POWER ON THE NATIONAL INSURANCE CRISIS: A new report from Climate Power highlights how climate change is fueling a national home insurance crisis, exacerbated by the actions of Trump and congressional Republicans. Since 2021, over six million U.S. policyholders have experienced property insurance rate increases, and insurers have canceled at least 1.4 million policies.
Climate Power: REPORT: Climate Change And Trump Are Fueling A Nationwide Insurance Crisis
Climate Power: NEW REPORT: Extreme Weather is Fueling A Nationwide Home Insurance Crisis
Climate Power Senior Advisor Noreen Nielsen issued the following statement: “Home insurers are hiking rates and canceling policies, further exacerbating the cost-of-living crisis that is already burdening working families. Under Trump, life has gotten more expensive – from energy costs, to health care, to groceries. Now, extreme weather and Trump’s reckless policies are driving a home insurance crisis that is raising costs even more and putting the dream of homeownership out of reach for many Americans.”
Fast Company: Home insurance rates have gone up for 6 million people. How climate change and Trump are making the affordability crisis worse
3/ THE CLIMATE THREAT TO PROPERTY INSURANCE, AND HOW TO STOP IT: Former CA insurance commissioner Dave Jones has a new article in Yale Law Journal discussing the climate threat — and breaking down how states are responding. The essay also uses the context of the LA fires to examine regulatory developments that preceded the fires and what has happened since.
The Yale Law Journal: The Uninsurable Future: The Climate Threat to Property Insurance, and How to Stop It
4/ ZILLOW PULLED CLIMATE-RISK SCORES FROM HOME LISTINGS: A new opinion piece in the New York Times details how Zillow’s removal of climate-risk scores may prove detrimental for homebuyers across the US. Last month, Zillow removed all climate-risk scores from its real estate listings. The scores, provided by research firm First Street, gave buyers crucial insights into the risk a prospective home might face from wildfires, flooding, heat, wind, and air quality.
New York Times: What Zillow Won’t Tell You
New York Times: Zillow Removes Climate Risk Scores From Home Listings
5/ REDFIN WONT REMOVE CLIMATE-RISK DATA: In a recent report, Redfin revealed an increase in demand for climate risk data following natural disasters and reaffirmed their commitment to keeping this data available for consumers.
Inman: Redfin says it won't follow Zillow in removing climate risk data
Washington Post: Hurricanes and wildfires influence homebuyers, if only for a minute
6/ NEW BLOG DETAILS HOW INSURANCE EXCLUSION HAPPENS TODAY: Consumer Federation of America details how the ongoing insurance crisis follows a pattern of exclusionary underwriting rooted in historical practices like redlining. This crisis disproportionately impacts communities of color.
Consumer Federation of America: From Redlined Maps to Algorithms, Price Discrimination, and Bluelining: How Insurance Exclusion Happens Today
7/ LA WILDFIRES EXPOSED A “BROKEN” INSURANCE MARKET: Insurance Commissioner Ricardo Lara's 2023 regulatory overhaul gave significant concessions to the industry. The insurer of last resort ballooned from 123,657 policies in 2019 to over 645,000 under Lara, leaving January wildfire victims poorly covered.
Los Angeles Times: The state’s top insurance regulator didn’t stop a looming crisis. Then the L.A. wildfires hit
“We take no joy in calling for anyone’s resignation, but as survivors, we are living firsthand in the depths of California’s insurance crisis,” said Joy Chen, executive director of the Eaton Fire Survivors Network.
Separately, new reporting revealed Insurance Commissioner Lara is now under investigation for potential campaign finance and ethics violations.
8/ NEW TEXAS REPORT FROM UNLOCKING AMERICA’S FUTURE: A new report from Unlocking America’s Future exposes how Texas homeowners pay more for less coverage, and insurance companies profit. This report was the subject of a recent press call featuring several prominent state representatives.
Unlocking America’s Future: Texas’s Insurance Crisis: How Homeowners Pay More For Less While Insurers Profit
KVUE ABC: Texas lawmakers demand action on rising home insurance premiums
KXAN: Texas House Democrats call for property insurance reforms
“For the past decade, when I’ve been in the legislature, when we’re on the floor fighting off all these bills, fighting off these bills that just put more and more power in the hands of insurance companies, in these corporations that are nickel and diming us to death, Republicans laughed in our faces,” Wu said.
FOX 4 KDFW: Texas lawmakers call for reform as state ranks 3rd for home insurance expenses
"Texans are paying twice as much as the national average for home insurance, essentially getting less protections than ever when disaster strikes," Plesa continued.
Resources
Insurance Fairness Project: Polling – Voters Want Their Government to Address the Property Insurance Crisis
Public Citizen and the Revolving Door Project: Mapping the Home Insurance Crisis
Consumer Federation of America: Overburdened: The Dramatic Increase in Homeowners Insurance Premiums and its Impacts on American Homeowners
Brookings Institution: Homeowners insurance in an era of climate change
Consumer Federation of America and Climate and Community Institute: Penalized: The Hidden Cost of Credit Score in Homeowners Insurance Premiums
Americans for Financial Reform and Public Citizen: Rising Property Insurance Premiums: The Uneven Risks to Household and Systemic Financial Stability
Climate and Community Institute (CCI): Insurers of Last Resort: Why Today’s FAIR Plans Need a Redesign to Address the Home Insurance Crisis
Center for Climate Integrity: How Big Oil is Fueling the Insurance Crisis And Why State Policymakers Should Act
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The Insurance Fairness Project is an information hub dedicated to offering insights into the home insurance crisis, exploring its drivers and highlighting solutions alongside issue experts and community advocates.
