Due to climate pressures, home insurance prices could, on average, leap an additional 29% over the next 30 years, a research firm found.
In Sacramento, California, rates could double. In Miami, they could quadruple.
By @abrahm.bsky.social
(Published Feb. 2025)
In Sacramento, California, rates could double. In Miami, they could quadruple.
By @abrahm.bsky.social
(Published Feb. 2025)
Comments
2030! 50% more! Plus tanking values’
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If survival, is the ultimate measure of intelligence, then we're no smarter than bacteria in a Petri dish. Existence is path independent.
We’re trying to make it through the next 30 days.
Because we allow mass commercial ownership of property, they treat it like any other market and manipulate value by artificially constraining supply.
f there's an apolitical decider in that debate, it's insurance companies, because they'll go out of business if they don't factor in its effects.
Republicans can lie & deny climate change all they want, but insurance companies know exactly whats going on.
The companies are pretty weak at planning worst cases. They need to cap their liabilities exposure. And exit markets or customer bases before the worst case happens. Who should be doing it? The State agencies charged with doing that.