2025 LexisNexis® U.S. Home Trends Report

Billion-dollar weather and climate disasters strike the U.S. every year. As climate change lengthens extreme weather seasons and expands at-risk areas, there’s increasing exposure for both homeowners and insurers. To prepare, home insurance carriers should account for long-term trends by peril.

LexisNexis® Risk Solutions publishes an annual report that provides seven-year trends for loss cost, frequency and severity across eight different perils: wind, hail, fire and lightning, weather related water, non-weather related water, theft, liability and other perils. This year’s report, which is based on property exposures and losses for the period ranging from 2018 through 2024, highlights the increasing severity of home insurance claims. This severity offset unexpected decreases in claim frequency to continue the seven year upward trend for loss costs—with inflation pushing up the expense of materials and labor for property repairs¹.

• Catastrophe and non-catastrophe claims by peril
• U.S. states with the highest and lowest loss cost in previous year
• Severity, frequency and loss costs of claims by peril, by location and by month for the last seven years

Here's a sample of what you'll find inside: