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Thursday, September 19, 2024

Climate change is making home insurance costs more expensive. These maps show prices and weather risks in your state.

Climate change is making home insurance costs more expensive. These maps show prices and weather risks in your state.

By Li CohenTracy J. Wholf, Marina Jurica, CBS News

Hurricane Francine in Louisiana, flooding in the Carolinas and wildfires in California are among the extreme weather events impacting millions across the U.S. just in the past week. And it’s not just about the physical risks — it’s having a major impact on the affordability of having a home, as extreme weather continues to feed into the rising costs of home insurance

In some areas, homes are such great a risk that they’re too expensive to insure — if private insurance is even available at all. 

More here >

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