"Insurance costs aren't just climbing in the US. In Germany, where floods are striking more often, #HomeInsurance premiums are predicted to double in the next 10 years.
In Australia — frequently ravaged by wildfires and flooding — 15% of households are experiencing "home insurance #affordability stress," which means they're plowing more than four weeks of their annual income into premiums."
https://www.dw.com/en/la-fires-cast-light-on-climate-change-insurance-crisis/a-71396879