Nearly half of American homeowners are considering relocating in 2026 due to climate-related concerns, according to a report released by home insurance provider Kin.
The survey found that 93% of respondents expressed concern about damage to their home in the next two to three years due to a changing climate. Additionally, 68% expect the frequency of extreme weather events in their area to increase in 2026 compared to 2025.
The findings come amid a period of elevated catastrophe activity. Climate Central data showed the US endured $101.4 billion in weather and climate disaster losses through June 2025, with 14 separate billion-dollar events recorded.
The figures put 2025 on track to be one of the most expensive years for natural catastrophe losses in recent history.
Among those considering relocation due to climate concerns, 25% are looking at moving to a different state entirely. Florida and California top the list of states homeowners say they would avoid, at 58% and 52% respectively, followed by Hawaii (24%), Louisiana (22%), Texas (21%), and Alaska (21%).
On the insurance front, 82% of respondents expect their premiums to increase, with 72% anticipating increases between 1% and 10%. The report noted that average home insurance premiums increased by 24% between 2021 and 2024, which was 11% higher than inflation over the same period.
Insurance costs are now factoring into homebuying decisions, with 49% of respondents saying these costs weigh "very heavily" or "seriously" on their purchasing decisions. The survey also found that 70% say insurance costs weigh more heavily than they did five years ago.
Despite widespread expectations of continued cost increases, Kin founder and CEO Sean Harper (pictured above) said he anticipates more stability ahead.
"Elevated inflation was one of the big drivers of premium increases last year, but inflation is now occurring at a more predictable pace," Harper said. "Substantial premium increases were the story in 2024, but they weren't the story in 2025 except for some places like California. And, they won't be the story in 2026."
