Home insurers cut natural disasters from policies over climate risk - WP

Started by rcjordan, September 04, 2023, 09:56:43 PM

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ergophobe

From my insurance agent's newsletter:

"Prospective homebuyers in California are increasingly having to retract offers on homes because they are unable to find affordable homeowner's insurance coverage as more carriers have withdrawn from these markets, or have raised rates dramatically."

Article here:
More Offers Include Insurance Contingency Clauses
https://www.vanbeurden.com/wp-content/uploads/sites/4274/2025/01/Van-Beurden-Jan-25-PL.pdf

Expect this to affect the Where Americans Moved in 2025 chart.