My insurance premiums did not change for most locations from 2015 to 2023, except some increase in Texas a few years ago. Then suddenly, they x2 in Texas and x5 in Florida.

Hurrciane Idalia, image credit: wikicommons

According to an explanation from wptv. There is "Rampant roofing fraud, runaway litigation and rising replacement costs of homes," also timber prices volatility contributed to losses being more extreme.

The insurance market appears very tense. With GL only quotes not being easily available, and full coverage at much higher prices.

As per statista, the building costs in US SFH have increased from $122/sqft in 2022 by 17% in 2021 and by 17% again in 2022 to $168/sqft.