Climate Shocks Force Home Insurers to Abandon Some States
Douglas McIntyre, editor-in-chief at Climate Crisis, discusses how home insurance companies are abandoning areas affected by climate shocks, such as the Gulf Coast and parts of Florida and the Carolinas. He highlights how this trend could disrupt homeownership, as insurance is essential for mortgages. While migration into these areas continues, McIntyre raises the question of whether the inability to secure home insurance will eventually drive people to move northward.
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