mimsical, 9 months ago

In areas most vulnerable to climate change-enhanced disasters, like Florida, the cost of home insurance has gone up so much that it’s now affecting how much lenders will give — potentially pushing many out of the home ownership market altogether.

Others are risking having no insurance at all, gambling on complete financial ruin should their home be damaged or destroyed.

🧵 #climatemigration #climateimpacts #climatechange

https://www.wsj.com/personal-finance/americans-are-bailing-on-their-home-insurance-e3395515