silence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 1 day agoHomeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.www.nytimes.comexternal-linkmessage-square2fedilinkarrow-up148arrow-down10cross-posted to: [email protected]
arrow-up148arrow-down1external-linkHomeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.www.nytimes.comsilence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 1 day agomessage-square2fedilinkcross-posted to: [email protected]
minus-squareSoupBrick@yiffit.netlinkfedilinkarrow-up23·edit-21 day ago“Exposed to financial ruin” Thank goodness insurance is not actively denying claims or canceling out any coverage related to disasters in the area! https://www.nbcnews.com/business/consumer/hurricane-milton-helene-insurance-nightmares-torment-florida-residents-rcna175088 https://www.cbsnews.com/news/fires-california-palisades-fire-homeowners-insurance-state-farm-fair-losses/
minus-squaresilence7@slrpnk.netOPMlinkfedilinkarrow-up6·1 day agoCanceled policy = you’ve got an opportunity to get another one when your current one runs out. Denied claims are of course a problem.
“Exposed to financial ruin” Thank goodness insurance is not actively denying claims or canceling out any coverage related to disasters in the area!
https://www.nbcnews.com/business/consumer/hurricane-milton-helene-insurance-nightmares-torment-florida-residents-rcna175088
https://www.cbsnews.com/news/fires-california-palisades-fire-homeowners-insurance-state-farm-fair-losses/
Canceled policy = you’ve got an opportunity to get another one when your current one runs out.
Denied claims are of course a problem.