ICE says US property insurance costs rise 8.7% annually, growth pace slows sharply

Reuters2026/09/10 13:02

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ICE’s September 2026 Mortgage Monitor flagged record property insurance costs in Q2, rising 8.7% year over year as growth slowed.
Quarterly insurance costs gained 1.8%, the smallest increase since ICE began tracking the metric.
Insurance now averages $209 a month for single-family mortgage holders, roughly 80% above early-2020 levels.
Property insurance represents 9.6% of the average monthly mortgage payment, ranging from 24.3% in New Orleans to 4.3% in San Jose.
Homeowners switching private carriers cut premiums 6.6% on average, versus a 10.4% increase for those who stayed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICE - Intercontinental Exchange Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609100900BIZWIRE_USPR_____20260910_BW688065) on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ICE says US property insurance costs rise 8.7% annually, growth pace slows sharply

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