Hippo's Housepower Report Reveals Top Trends Shaping the Homeowner Experience in 2025
Hippo (NYSE: HIPO) released its third annual Housepower Report, revealing significant trends in homeownership for 2025. The survey of 2,000+ U.S. homeowners showed that 46% spent over $5,000 on unexpected repairs in 2024, up from 36% in 2023. The report highlighted that 83% of homeowners faced unexpected repairs, nearly double from 2023's 46%.
Key findings include: 47% of homeowners are creating emergency plans for 2025, 42% plan to review their insurance coverage, and 55% intend to do more DIY maintenance. Notably, 73% of homeowners reported purchase regrets in 2024, up from 63% in 2023. Weather-related concerns increased, with 42% reporting flood risks and 35% citing wildfire risks. The study also revealed that 59% of homeowners are considering moving in 2025 to better align with their financial goals.
Hippo (NYSE: HIPO) ha pubblicato il suo terzo rapporto annuale Housepower, rivelando tendenze significative nella proprietà immobiliare per il 2025. L'indagine su oltre 2.000 proprietari di case negli Stati Uniti ha mostrato che il 46% ha speso oltre $5.000 per riparazioni inattese nel 2024, in aumento rispetto al 36% nel 2023. Il rapporto ha evidenziato che l'83% dei proprietari ha affrontato riparazioni inattese, quasi il doppio rispetto al 46% del 2023.
I risultati chiave includono: il 47% dei proprietari di casa sta creando piani di emergenza per il 2025, il 42% prevede di rivedere la propria copertura assicurativa e il 55% intende dedicarsi a più manutenzione fai-da-te. È interessante notare che il 73% dei proprietari ha segnalato rimpianti per acquisti nel 2024, in aumento rispetto al 63% del 2023. Le preoccupazioni legate al clima sono aumentate, con il 42% che riporta rischi di alluvione e il 35% che cita rischi di incendi boschivi. Lo studio ha anche rivelato che il 59% dei proprietari sta considerando di trasferirsi nel 2025 per allinearsi meglio con i propri obiettivi finanziari.
Hippo (NYSE: HIPO) ha publicado su tercer informe anual Housepower, revelando tendencias significativas en la propiedad de viviendas para 2025. La encuesta a más de 2.000 propietarios de viviendas en EE. UU. mostró que el 46% gastó más de $5,000 en reparaciones inesperadas en 2024, en aumento desde el 36% en 2023. El informe destacó que el 83% de los propietarios enfrentó reparaciones inesperadas, casi el doble que el 46% en 2023.
Los hallazgos clave incluyen: el 47% de los propietarios está creando planes de emergencia para 2025, el 42% planea revisar su cobertura de seguro, y el 55% tiene la intención de hacer más mantenimiento por cuenta propia. Notablemente, el 73% de los propietarios informó haber tenido remordimientos por compras en 2024, en aumento desde el 63% en 2023. Las preocupaciones relacionadas con el clima aumentaron, con el 42% reportando riesgos de inundación y el 35% citando riesgos de incendios forestales. El estudio también reveló que el 59% de los propietarios está considerando mudarse en 2025 para alinearse mejor con sus objetivos financieros.
히포 (NYSE: HIPO)는 2025년 주택 소유권의 중요한 트렌드를 밝혀낸 세 번째 연간 하우스파워 보고서를 발표했습니다. 2,000명 이상의 미국 주택 소유자들을 대상으로 한 조사에 따르면, 46%가 2024년에 예상치 못한 수리로 5,000달러 이상을 지출했습니다, 이는 2023년의 36%에서 증가한 수치입니다. 보고서는 83%의 주택 소유자가 예상치 못한 수리를 경험했다고 강조했으며, 이는 2023년의 46%에서 거의 두 배로 증가한 것입니다.
주요 발견 사항은 47%의 주택 소유자가 2025년을 위한 비상 계획을 세우고 있으며, 42%는 보험 보장을 검토할 계획이며, 55%는 더 많은 DIY 유지보수를 할 생각이라는 것입니다. 특히, 73%의 주택 소유자가 2024년에 구매 후회를 보고했으며, 이는 2023년의 63%에서 증가한 것입니다. 기후 관련 우려가 증가했으며, 42%가 홍수 위험을 보고했고, 35%가 산불 위험을 언급했습니다. 또한 연구 결과 59%의 주택 소유자가 2025년에 이사할 것을 고려하고 있다고 밝혔습니다, 이는 그들의 재정 목표와 더 잘 맞추기 위함입니다.
Hippo (NYSE: HIPO) a publié son troisième rapport annuel Housepower, révélant des tendances significatives dans l'accession à la propriété pour 2025. L'enquête menée auprès de plus de 2.000 propriétaires de maison aux États-Unis a montré que 46% ont dépensé plus de 5.000 $ en réparations imprévues en 2024, en hausse par rapport à 36% en 2023. Le rapport a souligné que 83% des propriétaires ont fait face à des réparations imprévues, presque le double du 46% de 2023.
Les principaux résultats incluent : 47% des propriétaires préparent des plans d'urgence pour 2025, 42% prévoient de revoir leur couverture d'assurance, et 55% ont l'intention de réaliser davantage de travaux d'entretien eux-mêmes. Notamment, 73% des propriétaires ont signalé des regrets d'achat en 2024, en hausse par rapport à 63% en 2023. Les préoccupations liées aux intempéries ont augmenté, avec 42% signalant des risques d'inondation et 35% citant des risques d'incendie de forêt. L'étude a également révélé que 59% des propriétaires envisagent de déménager en 2025 pour mieux s'aligner sur leurs objectifs financiers.
Hippo (NYSE: HIPO) hat seinen dritten jährlichen Housepower-Bericht veröffentlicht, der bedeutende Trends im Bereich Wohneigentum für 2025 aufzeigt. Die Umfrage unter über 2.000 US-Eigentümern ergab, dass 46% im Jahr 2024 über 5.000 US-Dollar für unerwartete Reparaturen ausgegeben haben, ein Anstieg von 36% im Jahr 2023. Der Bericht hob hervor, dass 83% der Eigentümer mit unerwarteten Reparaturen konfrontiert waren, was fast doppelt so viel ist wie die 46% im Jahr 2023.
Wichtige Ergebnisse zeigen, dass 47% der Eigentümer Notfallpläne für 2025 erstellen, 42% ihre Versicherungsdeckung überprüfen wollen und 55% mehr DIY-Wartung planen. Bemerkenswert ist, dass 73% der Eigentümer im Jahr 2024 über Kaufbereuung berichteten, ein Anstieg von 63% im Jahr 2023. Die wetterbedingten Bedenken nahmen zu, wobei 42% über Hochwasserrisiken berichteten und 35% auf Waldbrandrisiken hinwiesen. Die Studie ergab zudem, dass 59% der Eigentümer im Jahr 2025 einen Umzug in Erwägung ziehen, um besser mit ihren finanziellen Zielen in Einklang zu kommen.
- 55% of homeowners planning to engage in cost-saving DIY maintenance
- 42% of homeowners planning to review insurance coverage
- 47% of homeowners creating or updating emergency plans
- 46% of homeowners spent over $5,000 on unexpected repairs in 2024, up from 36% in 2023
- 83% of homeowners faced unexpected repairs, nearly double from 2023
- 73% of homeowners reported purchase regrets, up from 63% in 2023
- 59% of homeowners considering moving in 2025, indicating potential market instability
- 47% reported unexpected repairs strained their budgets
Insights
The Housepower Report highlights concerning trends in the home insurance market that could significantly impact Hippo's business model and revenue potential. The 46% of homeowners spending over
The data showing
The report reveals critical risk factors affecting the property insurance sector. The dramatic increase in weather-related concerns, with
A concerning trend is the significant gap between preventative maintenance spending and repair costs. While nearly half of homeowners spent over
From Renewed Commitments to DIY Home Maintenance to Purchasing Flood Insurance,
"In 2024, when faced with unexpected repairs, many homeowners shelled out high out-of-pocket costs to manage their homes," said Hippo President and CEO Rick McCathron. "We understand the importance of preventative care and are here to help homeowners confidently protect their homes, and in turn, their primary financial investment, from offering insurance coverage tailored to their needs to providing personalized maintenance advice in the Hippo Home app all year long."
Findings from the 2024 Housepower Report Include:
Unexpected Repair Costs Soared in 2024
In 2024, nearly half (
Over
These unexpected issues come as many homeowners grapple with high mortgage rates and living costs, signaling the growing importance of preventative care to help reduce financial stress.
Homeowner Priorities for 2025
The house itself is regarded as the primary financial asset for
- Emergency Plans:
29% said emergency planning should be a top priority in 2024. Building on this trend, nearly half (47% ) are creating or updating their own emergency plans in 2025. - Insurance Reviews: In 2024, nearly half (
46% ) said home insurance and protection plans became more important to them. Now42% say they'll be revisiting their home insurance coverage in 2025, while31% have or will purchase optional coverage, such as flood insurance. - DIY Projects: In 2025,
55% plan to do more DIY home maintenance to help save on household costs. Taking on DIY projects could also allow more financial flexibility for homeowners to invest in home upgrades or purchase additional insurance coverage. - Energy Efficiency:
59% identified efficiency and sustainability as a priority in 2024. Steps toward sustainability and efficiency could include home upgrades like installing smart thermostats, improving insulation, or sealing air leaks.
Home Maintenance Motivations: Balancing Costs and ROI
Preventative home maintenance is another critical strategy for homeowners to protect their financial investment. In 2024,
Yet, nearly a quarter of homeowners spent less than
Homeowner Regrets Rise, Again
A striking
The top homeowner regrets of 2024 included:
- Compromising on desired features (
42% ) - Paying a mortgage rate that is higher than they can comfortably afford (
34% ) - Underestimating unexpected repairs (
29% )
These homeowner regrets are fueling future plans, with
Weather Concerns Steadily Grow
Data from the Housepower Report revealed that
Weather-related challenges are expected to fuel increased importance of home insurance and protection plans for homeowners in 2025. As of November 2024, the
Looking Ahead: Proactive Protection from Homeowners
Hippo helps homeowners navigate homeownership with confidence through protection plans and proactive tools, offering personalized maintenance checklists, home health insights, and home improvement and coverage recommendations available in the Hippo Home app.
Company Resources:
- Housepower Report: Insights into the homeowner experience in 2024, plus trends and projections for homeownership in 2025.
- Housepower Guide: Homeowner tips and seasonal checklists informed by data from this year's Housepower Report.
- Blog: Data-driven insights, company updates, and the latest trends shaping the future of home owning and building.
- Learn Center: Homeowner guides to simplify insurance for everything in the home and around it.
About Hippo
Hippo is protecting the joy of homeownership, helping to safeguard customers' most important financial asset by harnessing the power of real-time data, smart home technology, and a growing suite of home services to deliver proactive home protection.
Hippo Holdings Inc. operating subsidiaries include Hippo Insurance Services, Hippo Home Care, Hippo Builder Insurance Agency LLC, Spinnaker Insurance Company, Spinnaker Specialty Insurance Company, and Wingsail Insurance Company. Hippo Insurance Services and Hippo Builder Insurance Agency are licensed property casualty insurance agencies with products underwritten by various affiliated and unaffiliated insurance companies. For more information, including licensing details, visit http://www.hippo.com.
Methodology
The 2024 Housepower Report survey was conducted by SurveyMonkey Audience for Hippo Insurance Services. The survey was fielded between November 11, 2024 and November 13, 2024 with results based on over 2,000 completed surveys.
Respondents were screened to be residents of
Media Contact
Courtney Klosterman
Director of Communications
cklosterman@hippo.com
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SOURCE Hippo Holdings Inc.
FAQ
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