If You Live In Tornado Alley, Your Insurance Rates are Going Up Faster Than Most Places

Douglas McIntyre and David Callaway discuss the sharp rise in residential insurance rates across Tornado Alley, outpacing increases in places like Miami, due to the frequency and severity of climate events like tornadoes and hailstorms. They highlight the growing financial strain, as insurance premiums rise and coverage becomes less accessible, with the looming risk of a larger crisis if multiple disasters hit simultaneously. The conversation underscores the climate crisis’s financial implications for homeowners and the insurance industry.