Homeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.
Homeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.
If you were wondering.
I can tell you our homeowners insurance went up by $120/month near Houston. Never flooded, never froze, never had wind damage, never had a claim. Our house is under 2000sqft and inland.
Houston has significant hurricane risk, whether or not you’ve actually had a problem.