New Orleans Home Insurance Costs Skyrocket, Threatening Income

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that New Orleans has the highest home insurance premiums among 34 U.S. cities, averaging $10,665 per year — over $8,000 above the national average. With extreme weather driving insurers away and limited coverage options available, McIntyre warns that the high costs will continue to push residents out of the city.