Climate Change and Housing Insurance

From record snows in Texas to impossibly hot days in Alaska, we are seeing and experiencing massive shifts in weather across the world. These unprecedented weather events are predicted to continue with massive effects on the planet.  

Some people are still not convinced that climate change is caused by pollution. Maybe you don’t believe that climate change is caused by humans. That’s fine but you can’t argue with the fact it is happening across the globe.  

Check out these three sites for more information on climate change: 

https://royalsociety.org/topics-policy/projects/climate-change-evidence-causes/basics-of-climate-change/

https://www.un.org/en/climatechange/reports

https://www.livescience.com/climate-change-running-out-of-time-2021

Green Energy might not be able to stop climate change, but it is still a more practical and healthier alternative than fossil fuels. Mostly due to the unlimited capacity of solar, wind and waterpower. By producing energy in a cleaner and more efficient way we are ensuring we will continue to have the energy we need for our high-tech world, and that future generations will inherit a cleaner Earth. 

Housing and Climate Change

Another interesting wrinkle with climate change is the effects it will have on housing. With more intense weather, houses could be negatively affected. For example, a house on the beach might have to survive more hurricanes every year. Homeowner insurance has always been an important way to protect families’ largest assets, and with the increasing effects of climate change homeowner insurance will be even more crucial for owning a home.  

Homeowner insurance has always been important. For most families, the majority of their household income is in their primary residence. This makes sense because housing (especially in America) is very expensive. On the upside, housing tends to be an asset that gives a good return on investment, so it makes sense to put money into your home. Which is why homeowner insurance is so vital to protect this long-term investment. 

What is Currently Happening?

In some states like Florida there has been legislation passed that all houses need roofs that are of a specific caliber, or they can’t buy homeowner insurance. With climate change and certain areas getting hit by worse weather than others, it’s assumed that other states will pass similar laws in an attempt to force homeowners to protect their homes. It’s important for you to investigate the weather changes in your area and figure out what is changing. Look over your current homeowner insurance policy and see what your coverage is and make sure that your house is structurally sound.  

What Can You Do?

While looking at your home consider adding solar panels or a backup generator. By creating your own electricity or having a backup generator you don’t have to be worried about blackouts. Like homeowner insurance these will give you peace of mind even if they are only used once or twice a year.  

In conclusion, our world is changing fast, and we need to do everything we can to protect it and ourselves. Climate change will have unpredictable effects on our everyday lives, and we must be prepared for massive shifts in lifestyle. Hopefully by switching to green energy we can lessen the crisis and have more renewable energy. 

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