Global uninsured natural disaster losses reached $424 billion in 2025, with North America facing the largest protection gap at $140 billion. The gap continues widening as property values rise faster than insurance coverage.
natural disasters
2026 Natural Disasters Impact Auto Insurance Rates
First quarter 2026 natural disaster losses totaled $20 billion globally, staying below the 10-year average. US storms accounted for 79% of losses, potentially stabilizing auto insurance rates heading into peak storm season.
Early Wildfire Season Raises Auto Insurance Rates
An unusually dry winter has triggered early wildfire activity across the US, with nearly 19,000 fires igniting since January. The surge is straining firefighting resources and could impact insurance markets as carriers reassess coverage in high-risk areas.