Homeowners insurers non-renewed policies at nearly triple the 2024 rate they did in 2018 across the 15 most disaster-exposed states, and company-initiated non-renewals climbed between 96% and 216% in every region of the country over that same seven-year stretch, according to the National Association of Insurance Commissioners’ first-of-its-kind market analysis, released August 5, 2026.
The NAIC report, built from Market Conduct Annual Statement filings covering 715 companies and roughly 103 million active homeowners policies, found the sharpest deterioration in the West, where non-renewals reached 25.1 per 1,000 policies in 2024 and inflation-adjusted premiums jumped 43.3% since 2018 — more than double the pace of the Northeast. The Southeast wasn’t far behind, at 22.0 non-renewals per 1,000 policies. NAIC’s own report notes that homeowners insurance markets are “local,” and that national and regional averages can obscure how much worse conditions are in specific ZIP codes — which is why the group launched a new ZIP-code-level market data call in March 2026 to track exactly where coverage is disappearing.
State-level filings analyzed from that same NAIC dataset show how uneven the pain is. Florida’s non-renewal rate hit 3.35% in 2024, up from 1.98% in 2018. California’s rate nearly quadrupled over the same period, from 0.82% to 3.18%, while Louisiana’s more than quintupled, from 0.55% to 2.97%, per Weiss Ratings’ analysis of that NAIC filing data. Arizona, Texas and South Carolina all posted similar multi-fold increases.
What to Know
- The notice comes late. California requires only 45 days’ advance notice before a non-renewal takes effect, according to the California Department of Insurance — meaning many homeowners don’t learn their coverage is ending until they’re already deep into their renewal paperwork.
- Wildfire counties are hit hardest. In California’s ten highest wildfire-risk counties, new and renewed homeowner policies dropped by roughly 8,700 between 2015 and 2018, the state’s own insurance department found, while the state’s FAIR Plan — the insurer of last resort — saw policies in those areas surge 177%, compared to just 4% growth in the lowest-risk counties.
- The safety net is absorbing the overflow. Nearly 57% of new FAIR Plan policies statewide were written in high-fire-risk Responsibility Areas by 2018, up from 47% three years earlier, per the same state data.
None of this means every homeowner in a high-risk ZIP code will get dropped. But the trend line in the NAIC’s own numbers is consistent across every region it tracked: insurers are pulling back fastest exactly where climate-driven claims have grown fastest, and state regulators are only now building the ZIP-code-level tracking tools to show homeowners precisely where that’s happening before their next renewal notice arrives.