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2024-12-24 17:13:36

Americans Are Alarmingly Underinsured for Flood Damage

jacobinmag.com (nprofile…ej22)

Nearly three-quarters of expected flood damage to American homes is currently uninsured, according to new data released by the Federal Reserve — and Republicans and those who don’t believe they’re personally threatened by climate change are more likely to be among those underinsured. In a new Federal Reserve working paper, researchers estimate that there will be $24.4 […]
https://jacobin.com/2024/12/flood-damage-republicans-insurance-climate/
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