Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Climate Change Risks Render Homes in U.S. 'Essentially Uninsurable,' Analysis Finds
Description
Homes in parts of the U.S., especially in California and Florida, are becoming "essentially uninsurable" due to rising risks from climate change events like wildfires and floods. A new analysis from First Street Foundation found that around 35.6 million properties nationwide face higher insurance prices and reduced coverage availability due to climate change risks. Homeowners in high-risk areas are seeing their insurance rates rise drastically, by 60-80% or more, making insurance unaffordable. Some insurers are withdrawing from these areas completely.
More from User
00:58
SAVE Exit Deadline
Benzinga
00:51
Alibaba Bans Claude Tools
Benzinga
00:52
Rivian Stock Slides
Benzinga
00:56
Bitcoin Bottom Debate
Benzinga
00:57
Quarterly Reports Defended
Benzinga
00:52
China's Gig Work Strain
Benzinga
Related Videos
00:29
[PDF] Managing Extreme Climate Change Risks through Insurance Full Online
Crystlelsow
01:32:15
Rising Seas, Rising Costs: Climate Change and the Economic Risks to Coastal Communities
US Congressional Hearings
01:35
Pres. Marcos Jr. stresses need for strengthened partnerships to prevent, manage disaster risks linked to climate change
PTVPhilippines
00:10
How Can India Build Resilience Against Climate Risks | CEEW Analysis
CEEW
03:02
New study highlights climate change risks in Alaska as glaciers retreat
ABC NEWS (Australia)
00:47
Premier Insurance visits Solid Cuts Barbershop in North West London to talk insurance risks every barber and salon owner should avoid.
Premier Insurance