Insurance and Property Tax Increases

Think your mortgage payment is locked in? Think again. 🔒 While your fixed-rate mortgage provides payment stability, the escrowed components—taxes and insurance—aren't so stable. As of December 2025, the average insurance premium for a new policy rose 8.5% year-over-year. Climate disasters, higher rebuilding costs, and insurer risk recalibration continue driving these increases with no signs …