https://www.accuweather.com/en/weather-news/homeowners-insurance-is-pricing-people-out-in-disaster-prone-cities/1813821 #insurancecrisis #websiteissues #disasterpreparedness #techfailures #accessdenied #HackerNews #ngated
Holy buckets! If you don't want to pay the cost to avoid the #ClimateCrisis then think again! You are already paying the much higher cost of society DOING NOTHING! I just got the renewal notice on my homeowners insurance and it is increasing by 35% year to year! And I live in a townhome and only have to insure from the studs in, and it is A LOT more than what I used to pay for my much larger single family home. It won't be long until homeowners insurance is no longer affordable/available.
@jeridansky The actuarial data is probably a perfect match for AI: “identify and categorize losses in area X not specifically weather or water related, categorize according to difficulty of remediation”
… and voila, you have causes of loss that are difficult/expensive to remediate, for which the insurer could credibly cancel your coverage.
#ClimateChange #insurancecrisis
Insurance companies sit on sidelines eating popcorn watching the judicial system get demolished.
Their best hope for weaseling out of #climate driven insurance claims.
Would have been nice if the article called out the very clear linkage of the increase in #ExtremeWeather to #ClimateCrisis.
I fear those most vulnerable to the #InsuranceCrisis are also less likely to be aware of the impacts of #ClimateChange. And so will continue to vote for people and policies that aggravate the climate crisis
Our insurance is wanting 1000 USD for a month of temporary insurance for until we get the bus we are going to slowly convert into rv that we are going to end up living in out of NJ as NJ requires insurance to drive on public roads unlike Colorado and we can't afford to keep living in rented spaces and need help raising money and we can't fully get the bus until we have insurance for it
The 1000 usd requirement is the insurance way of saying fuck you btw
0/1000
https://www.paypal.me/inaraclocks
#transinneed #fuckinsurance #BegPost #newjersey #insurancecrisis
‘Kitty cat’ storms hitting US heartland are growing threat to home insurance | Climate crisis | The Guardian
https://www.theguardian.com/environment/article/2024/may/24/hail-storm-tornadoes-midwest-home-insurance
#ClimateChange
#SecondaryStorms
#KittyCatStorms
#Uninsurable
#FireInsurance
#California
#HighPremiums
#ClimateCrisis
#TornadoAlley
#Oklahoma
#NationalAssociationOfMutualInsuranceCompanies
#Insurance
#InsuranceInstituteForBusinessAndHomeSafety
#InsuranceCrisis