"Residents in predominantly Hispanic communities in Florida are paying on average $5,014 more annually for their policies, a new report says."
"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).
The findings were based on an analysis of identical policies across communities, eliminating the possibility the inequities were related to differences among homeowners, their homes or what they chose to insure, the report said. Local risk factors could be responsible for some of the disparities, although even when such factors were accounted for the gap remained large."
Amy Green reports for Inside Climate News September 5, 2026.
