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    CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Friday, 07-Mar-2025 23:49:42 JSTCelloMom On CarsCelloMom On Cars
    in reply to

    Having #HomeInsurance may not be enough:

    "The Washington Post used the 2020 CZU Lightning Complex fires and the 2021 Colorado Marshall Fire as examples of insurance companies failing to help most people rebuild.

    In the former instance, less than a third of the homes lost in the fires were rebuilt. The Marshall Fire had a similarly devastating result. Around 80% of homeowners had insurance policies that wouldn't cover the cost of rebuilding."

    https://www.thecooldown.com/green-business/homeowners-insurance-policies-covering-climate-change/

    In conversationabout 3 months ago from mastodon.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: www.thecooldown.com
      Experts warn that victims of major disasters will now face new obstacle to recovery: 'Devastated'
      from Sara Traynor
      Insurance companies are raising their premiums in response to multiple climate disasters, preventing people from rebuilding their homes after wildfires.
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