Climate-Induced Insurance Challenges: A Growing Crisis
Black Owned Newspapers And Blogsby Toter 2 months ago 36 Views 0 comments
The climate crisis is straining finances, leading to soaring utility and insurance costs. Amy Bach from United Policyholders calls it "the price tag of climate change." Insurers like Allstate and State Farm are raising rates or ceasing coverage in high-risk areas, complicating homeownership for many amidst natural disasters.
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