With U.S. homeowners already paying higher insurance premiums in 2025, the average cost of household goods spiked again in January.
The Bureau of Labor Statistics reported on Wednesday Feb. 12, that the Consumer Price Index (CPI) increased 3% over the prior year in January, with the index for meats, poultry, fish and eggs rising 1.9% over the month, driven by a 15.2% spike in the cost of eggs.
At the same time, U.S. homeowners now pay 17.4% more for new insurance policies, while the average homeowner who bought their policy in 2021 paid nearly 69% more at their 2024 renewal, or an extra $865 annually.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
