For Consumers

How climate change affects your insurance

Climate change is causing droughts, intensifying wildfires and severe weather such as heavy rain, hurricanes, tornadoes and floods.

Natural disasters can destroy homes, cars, businesses and crops, leading to an increase in the number and severity of insurance claims.

As a result, insurers in some parts of the country have stopped offering certain types of insurance coverage and many insurers have limited the types of coverage they offer. This has also led to higher insurance premiums that are often unaffordable for consumers. As a result, some consumers buy policies that don’t provide as much coverage as they need, while others go without insurance.

Climate change is not just a property and casualty issue. It can also affect consumers’ health. Poor air quality from wildfires affects everyone it reaches and can lead to more medical conditions, which in turn increases health insurance claims.

What can I do about climate change?