Climate risk is rising. It calls for a rethinking of home insurance coverage

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Climate change is increasing the intensity and severity of natural disasters. It’s resulting in calls to reimagine the costs of homeowners insurance (Image generated by AI in Midjourney)

As the planet warms and extreme weather intensifies, the rising cost of homeowners insurance is stopping real estate deals in their tracks. In just the past two months, two major hurricanes battered Florida, inflicting physical and financial damage that is projected to exceed $100 billion.

Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators. Now, soaring premiums demand more careful details ⇒

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