@[email protected]M to Climate - truthful information about climate, related activism and [email protected]English • 21 days agoHomeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.www.nytimes.comexternal-linkmessage-square2fedilinkarrow-up149arrow-down10cross-posted to: [email protected]news[email protected]
arrow-up149arrow-down1external-linkHomeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.www.nytimes.com@[email protected]M to Climate - truthful information about climate, related activism and [email protected]English • 21 days agomessage-square2fedilinkcross-posted to: [email protected]news[email protected]
minus-square@[email protected]linkfedilink23•edit-221 days ago“Exposed to financial ruin” Thank goodness insurance is not actively denying claims or canceling out any coverage related to disasters in the area! https://www.nbcnews.com/business/consumer/hurricane-milton-helene-insurance-nightmares-torment-florida-residents-rcna175088 https://www.cbsnews.com/news/fires-california-palisades-fire-homeowners-insurance-state-farm-fair-losses/
minus-square@[email protected]OPMlinkfedilink6•21 days agoCanceled policy = you’ve got an opportunity to get another one when your current one runs out. Denied claims are of course a problem.
“Exposed to financial ruin” Thank goodness insurance is not actively denying claims or canceling out any coverage related to disasters in the area!
https://www.nbcnews.com/business/consumer/hurricane-milton-helene-insurance-nightmares-torment-florida-residents-rcna175088
https://www.cbsnews.com/news/fires-california-palisades-fire-homeowners-insurance-state-farm-fair-losses/
Canceled policy = you’ve got an opportunity to get another one when your current one runs out.
Denied claims are of course a problem.