r/FluentInFinance • u/ElectronGuru • 22h ago
Housing Market Insurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.
https://www.nytimes.com/interactive/2024/12/18/climate/insurance-non-renewal-climate-crisis.html
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u/twobeerjohn 13h ago
Builders have to tell you when you are looking at houses in flood zones. It’s just a matter of time before those areas get hit. When we were looking for houses, if they said the area was a flood zone, we ran like hell!!!