Home insurance rates are expected to rise across the country by the end of the year, according to a new study released by the digital insurance platform Insurify. The annual cost of homeowner's insurance is projected to increase 8%, to a national average of $3,520. However, some states like Louisiana, Iowa, and Hawaii are expected to see increases greater than 17%. "This is a group of states that insurers are catching up to the perceived risk that has accumulated," Insurify data expert Matt Brannon told Business Insider.