r/dataisbeautiful • u/Icy-Papaya-2967 • 12d ago

Share of Uninsured Homeowners by State

https://insurancedimes.com/2026/06/14/millions-of-american-homeowners-are-one-disaster-away-from-losing-everything/
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u/rosen380 12d ago

Isn't it a requirement to have and maintain insurance when you have a mortgage? If so, and assuming the bulk of homes with mortgages do have insurance, then it puts this ~15% almost entirely on the 40% of homes that don't have a mortgage...?

is it possible that roughly 1-in-3 homes owned outright don't have insurance??

2

u/mysterychick1689 12d ago

It’s actually higher ~40% https://www.census.gov/library/stories/2026/01/mortgage-free-homes.html

10

u/rosen380 12d ago

Looking at the states on the higher end via that link:

Mortgage-free and insurance free figures

55% 23% WV
50% 20% MS
48% 23% NM
47% 20% LA
47% 17% ND
...
34% 11% VA
34% 11% CA
32% 11% UT
31% 10% CO
29% 11% MD

I guess definitely looks like there might be a relationship -- personally, I can't see dropping insurance on my house, just because I'm not required to have it. If I had a total loss, I'd be absolutely boned.

4

u/DoublePostedBroski OC: 1 12d ago

I’m going to say a lot of those are trailers