Homeowners insurance cost burden by state

Homeowners insurance cost burden is the share of a mortgage borrower's monthly income paid toward home insurance premiums in 2023, according to Freddie Mac.

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To run the analysis, Freddie Mac used closing cost data from single-family owner-occupied properties with fully amortized 30-year fixed-rate purchase mortgages funded by Freddie Mac.

Chart: Meghan MalasSource: Freddie MacCreated with Datawrapper