As climate change intensifies extreme weather and claims pile up, insurance companies are raising their rates and limiting their coverage. This leaves those who can least afford insurance unprotected as climate disasters grow more frequent and severe.
  • @apfelwoiSchoppen
    41•19 hours ago

    In my neighborhood a catastrophic flood went though and destroyed many neighbors homes. FEMA disaster relief was enacted. Anyone with homeowners insurance was not eligible and the homeowners insurance would not pay out any money because it was a FEMA disaster area. I heard this so many times from so many angry and helpless victims.

    Fuck insurance companies. May they burn in hell.

  • @[email protected]
    19•20 hours ago

    Yep, in my area insurance is dropping fire coverage from homes in areas with high fire risk. It’s also kinda valid on the part of the insurance companies (there are areas ripe for disaster) so policies (like requiring them to provide coverage) aren’t enough—some people are going to need to move and it will be much more equitable if it is planned.

    • @[email protected]
      26•20 hours ago

      Yeah, the plan is to keep building in areas that are just on the precipice of some kind of climate disaster, 5 or 10 years out, then lock buyers in 30yr mortgages.

      Keep moving to and building in Arizona and Texas and then do a Pikachu face when their power grids collapse from a massive sustained heat wave or blizzard or drought, and tens of thousands freeze or boil to death.

      Unless you are envisioning some kind of massive New Deal, CCC levels of programs to overhaul our infrastructure and provide actually affordable housing in climatologically safe areas,… something like that as ‘the plan’… then uh yeah, best we are gonna get is:

      Pay even more for housing in actually safe areas, or still overpay for uninsurable homes.

      • qprimedEnglish
        6•19 hours ago

        and tens of thousands hundreds of milions freeze or boil to death.

        pretty sure, for a few of our fellow humans, this is their desired outcome for the rest of us.

        • @[email protected]
          10•18 hours ago

          Maybe some conservatives are secretly cheering for climate change to ravage 3rd world countries, maybe, but most billionaires (capitalists) don’t actually want people to die. They aren’t cartoon villians, they’re just selfish assholes who don’t care enough about anyone else to see past their quarterly profits. A malignant cancer isn’t trying to kill the host, it is just growing and hording resources as aggressively as it can. Capitalism works the same way.

          • qprimedEnglish
            1•18 hours ago

            no, not cartoon villains, just morbidly self interested and narcissistic.

            any host (out world included) has a finite carrying capacity. we are currently well beyond ours. the profit motive is strong in these people but, for a small but meaningful few, survival is (surprisingly) stronger - go figure!

            <ravings> however, in typical billionaire/trillionaire grandiosity, I don’t think the idea is just survival, but correction. and the correction is reducing the load on the planet to appropriate levels for profit and service - I kinda, sorta think the dime store tony stark himself, one elon musk, is there on this… </ravings>

            I have no proof other than my fevered imagination and observation of people and especially those who think themselves masters of the universe.

            am I right/wrong? I am not sure it matters. we are in 100% uncharted territory here and the likleyhood is high that we all go down together on this one.

  • @roofuskit
    5•19 hours ago

    Florida is in a downward spiral. It’s going to be a real shit show. Before you know it the state will be the only entity willing to insure property there.

    • @Supervisor194
      3•15 hours ago

      That sounds like communism, Florida won’t have any of that. The glorious free market will surely fix all things.