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Floods, hurricanes and the cost of home insurance

AFTER Hurricane Sandy we’ve had the usual claims that climate change is going to make life more expensive for us all. We also get the same thing being said here in the UK whenever there’s a flood. The idea being that as climate change makes floods and hurricanes and tempests and cyclones and disasters and Aiiiieee!we’reallgonnadie!  more likely then the expense of these things is going to continue to rise.

Rebuilding after them will become ever more expensive, house insurance, hurricane insurance, flood insurance, all will be come more expensive as a result of climate change. As all of those things have been getting more expensive in recent years and it’s all climate change’s fault.

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Posted: 7th, November 2012 | In: Money | Comment