
Sept. 4, 2026 -Homeowners in Hispanic and Black communities nationwide are paying a disproportionate share of skyrocketing home insurance costs, according to a recent report. The disparities leave communities of color at greater risk as climate change increases the frequency of billion-dollar disasters.
The report, released in July by the Consumer Federation of America, a nonprofit representing nearly 250 consumer groups, concluded that homeowners in predominantly Hispanic ZIP codes pay on average a 30 percent higher premium ($950 more annually) compared with homeowners in white communities. In predominantly Black ZIP codes, homeowners pay, on average, a 16 percent higher premium ($500 more annually).