Climate Change Means Californians Need Flood Insurance Now, Too
Californians know wildfires and earthquakes; hurricanes, not so much. So when Tropical Storm Hilary inundated Southern California in normally bone-...
September 5, 2023
2:06 PM
Californians know wildfires and earthquakes; hurricanes, not so much. So when Tropical Storm Hilary inundated Southern California in normally bone-dry August, it showed just how exposed homeowners are to a growing financial risk from unpredictable climate-driven flooding. Standard homeowners insurance policies don't cover flooding and fewer than 2% of California households have flood insurance, even as intensifying winter storms overflow rivers and levees, batter the coast and drench the desert.
Todd Woody