Florida and New Jersey Could See Skyrocketing Insurance Costs Due to Climate Change

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that home insurance rates in New Orleans could surge by 500% over the next 25 years due to increased climate risks. Florida and New Jersey may also see major spikes, with Florida facing potential 200% increases. Insurance companies are adjusting rates based on hurricane, wildfire, and extreme weather risks, affecting cities like Los Angeles and tornado-prone regions.