Nearly half of American homeowners want to relocate in 2026 because of extreme weather and other climate concerns
Staggering amount of homeowners want to move due to extreme weather
- A survey by Kin Insurance reveals that 49% of American homeowners are considering relocating by 2026 due to extreme weather events and rising homeownership costs.
- The study highlights that nearly all homeowners (93%) are concerned about severe weather damaging their properties within the next three years, driven by a changing climate.
- Among those considering a move, 60% intend to relocate outside their current city or community, a pattern previously observed following events like the Los Angeles wildfires.
- More than half of homeowners contemplating an interstate move prefer "low-risk" states such as Vermont, New Hampshire, Delaware, and Connecticut, actively avoiding disaster-prone regions like Florida and California.
- The primary motivation for these relocation considerations is the increasing frequency of extreme weather events, which lead to property damage, insurance claims, and higher premiums.