U.S. Insurers Are Refusing to Cover Climate Change Risk Zones

U.S. Insurers Are Refusing to Cover Climate Change Risk Zones

Insurers across the U.S. are increasingly refusing to cover homes in climate risk zones, leaving millions without insurance and threatening the stability of housing markets in affected areas.

Florida’s Home Insurance Crisis Hits Hardest in Some of the State’s Poorest Counties - Inside Climate News

While wealthy coastal counties bear the brunt of landfalling storms, poor residents in inland counties are navigating an even bleaker insurance market that leaves them at risk of no coverage.By Amy Green, Peter AldhousOKEECHOBEE, Fla.—Steve Cates was walking back to his house from his mailbox, flipping through a clutch of newly delivered letters, when one envelope stopped him in his driveway. It was from his insurance company.

Florida’s Home Insurance Crisis Hits Hardest in Some of the State’s Poorest Counties

While wealthy coastal counties bear the brunt of landfalling storms, poor residents in inland counties are navigating an even bleaker insurance market that leaves them at risk of no coverage. By Amy Green, Peter Aldhous OKEECHOBEE, Fla.-Steve Cates was walking back to his house from his mailbox, flipping through a clutch of newly delivered letters, when one envelope stopped him in his driveway. It was from his insurance company.