Even as Floods Worsen With Climate Change, Fewer People Insure Against Disaster

..property owners who have flood insurance is now 15 percent or less.

The declines have persisted despite that standard home insurance policies typically don’t cover.

The proposals included: automatically enrolling all homeowners in flood insurance when they get a mortgage, getting local governments to buy flood insurance for homeowners that is paid for through property taxes, and making it harder for homeowners to drop flood insurance once they first buy it.

NY TIMES

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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