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Florida's coastal homes may lose value as climate-fueled storms intensify insurance risk

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news-press.com/story/news/state/2023/09/24/climate-fueled-storms-intensify-insurance-risk-in-florida-drop-home-value/70780618007

Climate-fueled disasters like Hurricane Ian are wreaking havoc on home values across the nation, but Florida’s messy insurance market makes it one of the most stressed, new research out of a nonprofit climate modeling group indicates.
High insurance premiums and a state-backed requirement that homeowners covered by the state-backed insurer of last resort enroll in the…

This story from news-press.com was posted on 2023-09-24 by @lakemist.

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