Most homeowners can expect their insurance premiums to go up 3 percent to 4 percent next year, given the increased value in your home and the increase in the cost of materials and labor, said Robert Hartwig, chief economist for the Insurance Information Institute.

"The big exception is if you live in a hurricane-exposed area," Hartwig said. In that case, you could see increases of between 20 percent and 100 percent by next year relative to what you paid before the 2005 hurricane season.

The enormous jump reflects both forecasts of more hurricane-intensive weather for the next 15 to 20 years as well as insurers' shortfalls from the past - in Florida, for instance, insurers have paid out $13 billion more than they collected in premiums since 1992, Hartwig said.