Rising Insurance Costs Across the U.S. Due to Climate Change Impacts
Doug McIntyre and David Callaway discuss the increasing insurance costs across the United States due to climate change. Initially rising in hurricane-prone areas like Florida, these costs are now surging in regions affected by tornadoes and hailstorms, such as Oklahoma. They highlight a recent study showing Oklahoma with the highest per capita insurance costs, driven by severe weather and a smaller pool of insured individuals. The conversation emphasizes that there is no escape from the rising insurance rates as climate change impacts various regions, not just traditionally affected areas like Florida and California.
Sponsor
Find a Vetted Financial Advisor
- Finding a fiduciary financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 financial advisors that serve your area in 5 minutes.
- Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Get on the path toward achieving your financial goals!
