High insurance premiums and rising home rebuilding costs are straining the housing market due to climate change impacts in the Southeast and West.
2 reports, 1 independent
Updated Aug 7
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What happened
High insurance premiums and rising home rebuilding costs are straining the housing market due to climate change impacts in the Southeast and West.
How it developed
Newest first. Tap a step to see who reported it.- The West region is experiencing severe insurance problems, with insurance costs significantly outpacing inflation.Sub-event
Climate change drives up insurance costs, impacting home affordability in the Southeast and West.1 source