My Analog LifeHow We SurviveI've Always Wondered ...A Warmer World

Loading...

0:00
0% played
Stories Tagged as

Home insurance

Home insurance premiums are surging. That's bad news for low-income housing — and its residents.

by Matt Levin
Jul 3, 2024
The more low-income housing nonprofits have to pay for insurance, the less they have leftover to build new units to ease the housing shortage.
Nearly a third of affordable housing providers saw premiums spike at least 25% from 2022 to 2023. Climate change has played a role in the rising cost.
Leila Macor/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
A Warmer World

As more Floridians turn to state's insurer of last resort, it seeks to raise rates

by Kimberly Adams
Jun 21, 2024
Citizens Property Insurance has a huge risk load as private insurers avoid the state. Many residents say coverage is already costly.
A home in the Florida Keys destroyed by Hurricane Irma in 2017. For insurance companies, the state's exposure to climate damage has been a dealbreaker.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
A Warmer World

He assesses climate risk on the housing market, and he wants your attention

by Amy Scott and Aleezeh Hasan
Jun 12, 2024
As people become more aware of living in vulnerable areas, home prices will gradually reflect that risk, says Tim Judge of Fannie Mae.
"We do need every state to have flood disclosures," says Fannie Mae's Tim Judge. Above, water from a flash flood surrounds a home in Thermal, California, after a monsoonal thunderstorm in September.
David McNew/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
A Warmer World

Rising insurance costs are making homeownership even more expensive

by Amy Scott
Mar 21, 2024
Climate risk and inflation are making insurance harder to find and mortgages harder to afford.
The main reason for higher home insurance costs is climate change, which is increasing the frequency and severity of extreme weather events.
Ricardo Arduengo/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

A worldwide earthquake drill may spur more homeowners to buy insurance

by Ben Bradford
Oct 18, 2018
Do not be alarmed if, a bit later on Thursday, you turn to see a bunch of co-workers peering out from under their desks. It’s not an alien invasion or a spontaneous game of hide-and-seek. Nearly 60 million people around the world are signed up to participate in a earthquake drill, the 2018 Great ShakeOut, […]
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

A worldwide earthquake drill may spur more homeowners to buy insurance

by Ben Bradford
Oct 18, 2018
Do not be alarmed if, a bit later on Thursday, you turn to see a bunch of co-workers peering out from under their desks. It’s not an alien invasion or a spontaneous game of hide-and-seek. Nearly 60 million people around the world are signed up to participate in a earthquake drill, the 2018 Great ShakeOut, […]
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Weather Economy

After a disaster, FEMA documents home damage, a former inspector explains

by Lizzie O'Leary
Sep 8, 2017
His advice: Have your proof of ownership ready.
Jack Wheeler and his wife, Tami Wheeler, watch as a FEMA housing inspector measures their flooded home in 2008 in Oakville, Iowa.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate
Weather Economy

Their homes escaped flooding, but the fear lingers

by Paulina Velasco
Sep 1, 2017
"Everyone becomes on edge when you hear any type of heavy rainfall," a Louisiana homeowner says.
A flooded street in Cypress, Texas, northwest of Houston.
Courtesy of Marcy Matyas
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Despite wildfires, more homes built in forests

by Megan Verlee
Jul 2, 2013
Why more and more homes are going up in the country’s most fire-prone areas.
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Weather Economy

More areas becoming uninsurable due to volatile weather

by Stacey Vanek Smith
Jun 25, 2013
A new report predicts rising sea levels and more volatile weather will make more beachfront areas uninsurable.
Heavy beach erosion caused by the waves threatens condominiums on Singer Island, Florida.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE