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(Iowa) -- New research from non-partisan research organization Common Sense Institute, Iowa examines the impact of insurance and natural disasters on Iowa's overall economy.
The research shows that there were 52 presidential declared disasters in Iowa from 1990-2025, all but one resulting from natural disasters. The COVID-19 pandemic was the only exception. Data from the National Oceanic and Atmospheric Administration do not show a clear trend in severe weather incidents in Iowa from 1990 through 2024.
CSI finds that premiums for all types of property and casualty (P&C) insurance have risen 78% between 2021 and 2024. Of that increase, 48%.5 took place from 2020 through 2024. Research suggests inflation is the primary factor behind the increase in premiums, with Iowa property valuations up 125% since 2010. Over the last 15 years, average premiums for homeowners insurance in Iowa are up 273%, with the average monthly expense rising from $679 to $2,533.
The full report is available on Common Sense Institute, Iowa's website.
