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LexisNexis U.S. Home Insurance Trends Report Highlights Rising Peril Severity as Catastrophic Claims Hit Seven-Year High
LexisNexis® Risk Solutions today released its 10th annual LexisNexis U.S. Home Trends Report, providing an updated analysis of by-peril claims trends in the U.S. home insurance industry to help carriers make more informed, strategic decisions. Examining loss cost and claims frequency and severity, the report also offers insights into seasonality shifts, catastrophic claims and geographic patterns, including trends by U.S. state.
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2025 report underscores the combined impact of hurricanes, hail and flooding as severity and loss costs continue to climb ATLANTA , Oct. 23, 2025 /PRNewswire/ -- LexisNexis® Risk Solutions today released its 10 th annual LexisNexis U.S. Home Trends Report , providing an updated analysis of by-peril claims trends in the U.S. home insurance industry to help carriers make more informed, strategic decisions. Examining loss cost and claims frequency and severity, the report also offers insights into seasonality shifts, catastrophic claims and geographic patterns, including trends by U.S. state. Key Takeaways "U.S. home insurers are facing two converging challenges: climate-driven catastrophes intensifying and inflation continuing to drive up repair and replacement costs," said George Hosfield, vice president, home insurance, LexisNexis Risk Solutions. "These pressures are helping to contribute to higher premiums for U.S. consumers as carriers work to manage rising loss costs. The data shows just how critical it is for the insurance industry to leverage more advanced analytics to help anticipate risk and maintain resilience. Last year, catastrophe claims accounted for nearly two-thirds of all losses, which was the highest level we've seen in the seven years included in this year's study." All Peril Trends Hail Perils Wind, Water, Fire and Lightning Perils Non-Weather-Related Perils "The sharp rise in severity across multiple perils highlights the need for carriers to think beyond short-term rate actions," continued Hosfield. "Carriers that leverage more advanced property data insights–from roof condition to water damage risk–can make more informed underwriting decisions and stand a better chance of weathering the storm even as climate volatility and inflation continue to pressure the market." Download the latest LexisNexis U.S. Home Trends Report . About LexisNexis Risk Solutions LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX ), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com , and www.relx.com . Media Contacts: Chas Strong LexisNexis Risk Solutions Phone: +1.706.714.7083 [email protected] i Adam B. Smith, "2024: An active year of U.S. billion-dollar weather and climate disasters," National Oceanic and Atmosphere Administration (NOAA) Climate.gov, https://www.climate.gov/news-features/blogs/beyond-data/2024-active-year-us-billion-dollar-weather-and-climate-disasters ii "Facts + Statistics: Hail," Insurance Information Institute, 2025, https://www.iii.org/fact-statistic/facts-statistics-hail iii "Hail Statistics by State," YPA Public Adjusters, https://www.ypapublicadjusters.com/hail-statistics-by-state/ iv Hristina Byrnes, "Year In Review: The 25 Biggest Wildfires of 2024," Climate Crisis 247, https://climatecrisis247.com/gallery/year-in-review-the-25-biggest-wildfires-of-2024/ v Mary Gilbert, "An unprecedented number of flood emergencies have ravaged the US. It's a warning of what's to come," CNN, https://www.cnn.com/2024/10/25/weather/record-numbers-of-an-extreme-warning-show-the-reality-of-climate-change vi Lillian Karabaic, Joni Auden Land and Courtney Sherwood, "Cold weather, power failures continue in aftermath of Oregon storm," Oregon Public Broadcasting (OPB), https://www.opb.org/article/2024/01/14/winter-storm-ice-snow-deaths-power-failures-portland-oregon-willamette-valley vii Whizy Kim, "The surprising reason luxury goods are booming," Vox, https://www.vox.com/money/23728283/luxury-designer-boom-nike-lvmh-pandemic-le-creuset View original content to download multimedia: https://www.prnewswire.com/news-releases/lexisnexis-us-home-insurance-trends-report-highlights-rising-peril-severity-as-catastrophic-claims-hit-seven-year-high-302593013.html