8min chapter

Slate Money cover image

What the Hurricanes Cost

Slate Money

CHAPTER

Flood Insurance Crisis

This chapter examines the startling lack of flood insurance among homeowners, particularly in high-risk areas like Asheville, North Carolina, revealing the financial challenges faced during disasters. It also explores the implications of climate change on insurance premiums, discussing how state regulations affect rates and the overall sustainability of the insurance model amid increasing extreme weather events.

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