Home Insurance Costs and Availability Are Becoming a Much Bigger Problem across the U.S.
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on a $1 trillion drop in the availability of home insurance in the United States, driven by the effects of climate change. Regions like Florida and Los Angeles face rising insurance costs or a complete lack of coverage due to hurricanes and wildfires. Even unexpected areas like Oklahoma, Missouri, and Nebraska are impacted by tornadoes, thunderstorms, and hail. McIntyre highlights the growing affordability crisis in home insurance, which increasingly threatens housing markets nationwide.
More from ClimateCrisis 247
- Donald Trump Restrictions and Other Factors Destroying Wind Industry
- No More Tax Credit for Buying An EV? Ford, GM and Others Get Ready for Changes in the EV Market
- The U.S. Joins Iran, Yemen and Libya in Exclusive ‘Climate Club’ — Will Other Nations Join?
- Check Your Flight: Winter Storms Threaten South with Widespread Airport Closures and Airline Industry Losses