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The ������̳ (������̳) released today its . The report provides validated data on market distribution and average cost by policy form and amount of insurance.

National and state-specific premium and exposure information has been compiled for non-commercial dwelling fire insurance and for homeowners insurance package policies. The report also contains data descriptions, and information about how certain economic, demographic, and natural phenomena impact the price of homeowners insurance. The report’s data was collected from insurance statistical agents in all states with the exception of Texas and California, which supply data directly to the ������̳ through their state departments of Insurance. Select data from residual market mechanisms are now included in the report.

Key findings from the report include:

• The countrywide average premium increased 3.3% between 2017 and 2018.
• HO-3 coverage increased 3.1% countrywide from 2017, while HO-4 coverage decreased .6% between 2017 and 2018.
• HO-3 coverage accounts for almost 80% of owner-occupied exposures. HO-3 provides “all-risk” coverage on buildings, broad named-peril coverage on personal property.
• HO-4 coverage accounts for nearly 74% of the tenant and condominium/co-op exposures. Tenant and condominium/cop-op policies do not provide coverage for the building; therefore, the distribution of exposures for these types of policies is concentrated at significantly lower insurance amounts.

Many factors affect a state's expenditures and premiums, including underwriting costs, repair costs, and state laws. There are also differences in state requirements for insurance coverage, limits, and benefits. These variances make direct state-by-state comparisons difficult.