The changing climate is skyrocketing insurance costs.
The changing climate is
skyrocketing insurance costs.
By the Numbers
UNINSURABLE
AMERICA:
Home premiums rise when extreme weather strikes
Source: Insurify
Who should pay for the
Climate Insurance Collapse?
Who should pay for the Climate Insurance Collapse?
Destructive weather has become more frequent and severe, and 95% of Americans have seen their insurance premiums increase. These pollution-fueled climate disasters are hitting every state, every income level, and every community. When insurance companies can’t keep up with the costs of these events, someone else must step in.
Videos
Stories
Watch real homeowner stories.
Watch real homeowner stories.
Behind every statistic is a story. Share what’s happening to families across the country.
Explainers
Videos
Breaking down the Climate Insurance Collapse
Leading finance voices explain what this means for our money, our homes, and our future.
Who SHOULD pay?
In 2024, there were 27 destructive weather events that exceeded $1 billion in damages. As these disasters increase and the insurance system begins to crack, who should cover costs?
Should homeowners pay?
As rates rise and coverage decreases, many homeowners are being put in a financially precarious position. Policies are becoming unaffordable but for those with mortgages, insurance is a must-have.
Should insurance companies pay?
As wildfires, floods, and storms become more frequent and severe, major insurers can’t keep up with mounting claims.
Should mega polluters pay?
“If we don’t have home insurance, we could lose so much to extreme weather.”
Marcella – Los Angeles, CA
“I feel powerless. Are we going to get an insurance increase every time there’s a wildfire?”
Jordan – Glendale, CA
“Destructive weather is putting insurance companies in a bad position, but it’s also putting homeowners in a much worse position.”
Ryan – Los Angeles, CA
“There’s more floods. There’s more fires, and so we need to do something about it because we can’t just keep raising people’s insurance rates.”
Christy – St. Louis, MO
“I see extreme weather happening all around me. I understand where insurance companies are coming from, but I shouldn’t have to pay for it.”
LaDonna – Beech Island, SC
“Insurance rates keep going up because the hurricanes are getting worse.”
Vatche – Ormond Beach, FL
Alexandra – Venice, FL
“If we don’t have home insurance, we could lose so much to extreme weather.”
Marcella, CA
Jordan, CA
“Destructive weather is putting insurance companies in a bad position, but it’s also putting homeowners in a much worse position.”
Ryan, CA
“My neighbor shouldn’t pay for this. I shouldn’t pay for this. The teacher down the street shouldn’t pay for this either.”
Christy, St. Louis, MO
“I personally have not been affected by extreme weather, but I see it happening all around me. I understand where insurance companies are coming from, but I shouldn’t have to pay for it.”
“It shouldn’t be me paying. It shouldn’t be my neighbors alone paying. Maybe we all need to work together to come up with a solution.”
The Domino Effect
This Climate Insurance Collapse affects more than premiums—it’s reshaping the American economy.
If extreme weather is
driving up insurance rates everywhere…
If insurers are fleeing the markets
that need them most…
If state-funded markets are already
starting to collapse…
If people who live in at risk areas
can’t even get insurance…
If you and your family are at your
breaking point on bills…
If extreme weather is driving up insurance rates everywhere…
If insurers are fleeing the markets that need them most…
If state-funded markets are already starting to collapse…
If people who live in at risk areas can’t even get insurance…
If you and your family are at your breaking point on bills…
Then a collapse is imminent.
And it affects everyone.
Everyone’s affected.
Stay informed.
As destructive weather drives premium increases, get the data and insights you need.
