Thursday, January 09, 2025

Wildfires and Hurricanes Could Make Parts of US Uninsurable

Americans who live in states dealing with fires, high winds and flooding could see insurance rates increase -- or lose coverage entirely -- as disasters intensify.

Posted by lamplighter at 09:32 PM | 5 COMMENTS | permalink

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Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild.

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-- Jon Cooper (@joncooper-us.bsky.social) January 9, 2025 at 5:31 PM

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More from the article...

... Why it matters: The affected areas span from coast to coast and include tens of millions of people living in two of the most populous states " California and Florida.

- - - Homeowner's insurance rates in some of these areas could start to become unaffordable as climate change fuels an increase in destructive storms.

- - - And if insurers decide to pull back altogether, states will need to step in to take on the risk " which can cost individuals more and offer less coverage. ...


[good maps in the article]

#1 | Posted by LampLighter at 2025-01-09 01:24 PM

How dare insurance companies have to pay for their client's claims!

That's CEO money!

#2 | Posted by ClownShack at 2025-01-09 01:49 PM

"Could"?
You're a few years late to that conclusion.

#3 | Posted by morris at 2025-01-09 02:14 PM

Someone was saying that they expected that these various climate disasters would make MAGA accept climate change.

That same person changed his mind to state that MAGA never would change their minds about climate, but would instead seek to pass laws and jail others for speaking about it.

I think that he's right.

#4 | Posted by Zed at 2025-01-09 02:45 PM

The bloated orange pedo will protect the US with his sharpie.

#5 | Posted by reinheitsgebot at 2025-01-10 12:09 AM

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