The Climate Crisis And The Cost Of Insurance

To the Editor:

Turn on any evening newscast and you'll witness the same troubling pattern: another community devastated by flooding in the Southeast, tornado damage across the Midwest, or wildfires consuming entire neighborhoods in the West. These aren't isolated incidents — they represent a new normal that's fundamentally reshaping America's insurance landscape.

The connection between escalating climate disasters and insurance availability is undeniable. Major insurers have fled Florida's hurricane-prone coastlines, leaving homeowners scrambling for coverage through state-backed programs. California residents face non-renewals as wildfire risks expand into previously safe zones. Even traditionally stable regions now grapple with flooding events that exceed century-old flood maps.

Insurance companies, driven by actuarial data rather than ideology, are responding to mathematical reality. When billion-dollar disasters become annual occurrences instead of once-in-a-generation events, traditional risk models collapse. The result is soaring premiums for those who can still obtain coverage, and complete unavailability for many others.

We will all pay more for homeowners and auto insurance here because of the growing national disasters. That's not ideology. It's economic reality.

This crisis extends beyond individual hardship. Communities lose economic stability when businesses can't secure affordable coverage. Property values plummet in uninsurable areas. Local governments face mounting pressure as constituents demand solutions to an increasingly unsolvable problem.

The nightly news stories we've normalized represent more than dramatic footage — they're documentation of a systematic breakdown in our ability to manage climate risk. Without coordinated action addressing both climate adaptation and insurance market stability, these evening disasters will continue transforming into daytime economic catastrophes for millions of Americans.

Walt Sorg

Auburn

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