Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Homeowners are paying 9.3% more in home insurance premiums in 2025 compared to last year, according to a new report from digital insurance agency Matic. Today, the average homeowner is paying an annual home insurance premium of around $1,966. What's Making Home Insurance Premiums More Expensive These are the main factors causing the spike in premiums costs, according to Matic: Climate change: Because of ...