Only 5% of homeowners 55 and older had their policies dropped in the last three years. (Credit: nito/Adobe Stock)

Among younger homeowners (ages 18 to 34), about half — 51% — had their home insurance nonrenewed or canceled in the last three years, according to the 2024 Policygenius Climate Change & Homebuying Survey.

By contrast, just 15% of homeowners between the ages of 35 and 54 and only 5% of homeowners 55 and older had their policies dropped in the same period, between January 2021 and January 2024.


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