Climate change may affect your homeowner’s insurance policy in 2 ways

This Business Insider article discusses how climate change may affect your homeowner’s insurance policy.

  • Dramatic weather events are on the rise all over the world thanks to climate change.
  • While homeowner’s insurance typically covers things like wildfire and tornado damage, earthquakes require additional coverage.
  • Homeowners in high-risk areas will want to re-evaluate their policies with the help of an insurance adviser, though all homeowners can expect their premiums to climb thanks to the rising cost of weather-related disasters.

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