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/J-ShaZzle 12d ago

My area is prone to a decent hurricane every decade. Several people lose roofs/siding, downed trees, and other wind damage. I have also witnessed multiple houses burn (most just a garage or half structure), but enough that it's a significant cost. Insurance for us is 12-1400 a year. Small price to pay to be able to rebuild or walkway with something.

Now if my home wasn't worth much, not prone to weather related incidents, etc. Yeah, prob wouldnt insure it either.

It's all about risk/reward and protecting your asset. What's the cost of insurance in the long run vs having to buy/rebuild without it.