A $1 Trillion Time Bomb Is Ticking in the Housing Market. Millions of US homes are underinsured because their premiums don’t reflect the risk of climate-fueled catastrophes.

4 comments

1. https://archive.fo/Pw9zX

2. Ok, so what can regular people do to mitigate this?

3. I was shocked they allowed some insurers to pull out of California. They’ve collected premiums for how many years (and invested them). Now that it’s time for them to pay up they just withdraw from the state. I guess it’s going to keep happening

4. This is going to hit a lot of people very hard. Families.  Retired people. I think this will come on faster than people realize, because of the way climate change, and the risks insurers insure against, are escalating so quickly.