Why is it a bad idea to buy a house in California or Florida right now? How is climate change affecting insurance? A growing number of US home insurers are limiting coverage, raising rates, and pulling out of states entirely as climate change-related natural disasters grow in frequency and intensity. Failure to address the problem will further destabilize already weakened insurance markets. Here’s what you need to know about climate change, insurance, and the housing market if you’re considering investing in property.
How Climate Change Is Affecting Homeowners Insurance
