Home Insurance Nonrenewals Jump Up to 216% as Premiums Climb
NAIC data show home insurer nonrenewals rose 96%-216% since 2018 and premiums jumped, as power, heating oil and repair costs also squeeze owners.
Owning a home means a steady stream of decisions about money: when to fix, when to upgrade, and when to wait. This hub tracks the forces that shape what homeowners pay to maintain, repair, and improve where they live, from materials and labor to the energy bills that often determine whether a project pays for itself.
Household energy costs have become a central part of the remodeling conversation. Utilities are seeking rate increases, forecasts point to steeper winter bills for homes that rely on heating oil, and shifting prices for natural gas and electricity are changing the math on how homes are heated. At the same time, some assistance and rebate programs are shrinking. For homeowners, that combination raises practical questions. Is now the time to replace an aging furnace or boiler? Will better insulation or new windows offset rising bills? How do heat pumps compare with oil or gas systems over the long run?
Coverage in this section includes:
Whether you're budgeting for an urgent repair or weighing a major renovation, this page gathers the reporting and analysis that helps you understand what home projects cost and why.
NAIC data show home insurer nonrenewals rose 96%-216% since 2018 and premiums jumped, as power, heating oil and repair costs also squeeze owners.
Investor-owned utilities requested a record $4.5B in electric and gas rate hikes in Q3 2026, pushing 2026 requests to $23.1B as winter heating costs rise.
EIA projects heating oil bills up 21% to $2,115 this winter and electric heating up 4%, while natural gas and propane households should pay less.
NEADA now projects heating oil costs up 50% this winter, adding about $1,000 for New England homes, as electric bills climb and gas forecasts split.
EIA forecasts that oil-heated homes will spend 21% more this winter, about $2,115. Electric heating bills rise 4% while gas spending falls 9%.
Gas-heated US homes face bills down ~10-14% this winter while electric-heat costs rise, federal energy tax credits have expired, and remodeling costs outpace