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.
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