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1 in 10 homes impacted by disasters in 2021

The United States suffered over $56 Billion in property damage in 2021, impacting 1 in every 10 homes across the country. This was according to the 2021 Climate Change Catastrophe Report compiled by CoreLogic®, a leading data and property analytics firm. Download the 2021 Climate Change Catastrophe Report by CoreLogic® https://clymwealth.com/wp-content/uploads/2022/02/CL_CAT-Report-infograph_B5-R-1.pdf As more insurance companies […]

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More Homeowners Stuck With Risky Insurance

“But climate change is supercharging storms, floods and fires and making them more common. Conventional insurers are determining that houses in places struck often by extreme weather are too risky to insure, canceling hundreds of thousands of policies. In the last two years, seven of the 12 biggest home insurers have limited their coverage in California. For those whose policies have been dropped by major insurers, non-admitted insurance is one of their only remaining options for coverage. It means regular homes in some parts of the country are now viewed by the insurance industry as the equivalent of a fireworks factory.” Bloomberg – December 3, 2024

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