Climate Risk Drives Insurers to Abandon High-Risk Regions, Imperiling Affordable Housing and Equity

Insurance companies are withdrawing from regions at high risk of climate disasters like wildfires and hurricanes, leaving many homeowners unable to get affordable coverage.

Decades of federal policies have incentivized expensive development in disaster-prone areas, exacerbating climate risks.

Uninsured regions may become "uninhabitable" if people can't secure mortgages or financing to buy homes.

Lower-income Americans and communities of color tend to live in the most climate vulnerable areas that insurers are abandoning.

Without coherent climate adaptation planning, insurance retreat will lead to chaotic, unjust outcomes as high risk zones become uninsurable.