LexisNexis report shows US home insurance claims severity hits record high in 2025 - RELX News | RalliesLexisNexis report shows US home insurance claims severity hits record high in 2025
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RELX• LexisNexis analysis shows record home insurance claims severity
- Relx published a LexisNexis analysis showing U.S. home insurance claim severity hit an all-time high in 2025, up 25.9% from 2024.
- All-peril claim frequency fell 23.8% in 2025; all-peril loss cost slipped 4.4% but stayed 50% above 2019.
- Climate disasters totaled USD 115 billion in 2025 across 23 events; Los Angeles wildfires accounted for USD 61.2 billion.
- Fire and lightning drove 2025 losses, with loss cost up 76.8% and severity up 67.3% year over year.
- Wind loss cost fell 50.4% in 2025, though a mid-March tornado outbreak caused an estimated USD 11 billion in damage.
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