Insurance costs are soaring and companies are canceling policies and upping rates. Don’t blame climate change... these are the real reasons

Assessing the Insurance Fiasco BlameInflation

PG&E

Failure to clear brush

Building in flood and hurricane zone

Climate change policy Itself (not failure to address climate change)

If insurance has doubled or tripled or cancelled, blame inflation, regulators in California and elsewhere for allowing homes to be built in flood zones and for not clearing brush in fire zones.

None of this has a damn thing to do climate change. It’s a combination of inflation coupled with poor policies, building in flood zones, and not clearing accumulated brush.

https://www.zerohedge.com/personal-finance/canceled-are-you-risk-losing-your-home-insurance