c/news · by silence7@slrpnk.net · 2yAs Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose https://www.nytimes.com/interactive/2024/05/13/climate/insurance-homes-climate-change-weather.html?unlocked_article_code=1.r00._EfL.3Njo3gePtItVRelated content: The Home Insurance Crunch: See What’s Happening in Your State 4 takeaways from our homeowners insurance investigation 23 points · 7 comments · view on lemmy.world
7 Comments
Treczoks@kbin.social · 8 pts · 2y
Also, in those states: "Climate Change is a lie!"
slurpinderpin@lemmy.world · 4 pts · 2y
I’ve said this since Katrina - eventually insurers are gonna nope the fuck out of these coastal regions and leave the state to hold the bag. I would get the fuck out now while I can if I had property down there
silence7@slrpnk.net · 4 pts · 2y
They're ditching inland areas too, for different climate-related reasons.
slurpinderpin@lemmy.world · 2 pts · 2y
Soon everything is just going to be self-insured or state-insured and the insurance companies are gonna run off with bags of our money
silence7@slrpnk.net · 1 pts · 2y
This implies an end to mortgages (or sharply higher interest rates) and a huge drop in real estate prices.
SuperNerd@programming.dev · 0 pts · 2y
How many different subs are you going to repost this to?
silence7@slrpnk.net · 9 pts · 2y
Three, on different servers — one for climate, one for a general news reach, and one which is just New York Times gift articles