A new study finds 70% of annual flood losses (about $17B) are uninsured 🌊💔. Most at-risk households are underinsured, with the burden falling hardest on low-income communities 🏚️💰.
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#FloodLosses #InsuranceGap #ClimateJustice #Underinsured #DisasterRelief
Read Full Article
#FloodLosses #InsuranceGap #ClimateJustice #Underinsured #DisasterRelief
Nature
Measuring flood underinsurance in the USA
Nature Climate Change - Homeowners could benefit from flood insurance to offset the negative impacts of climate-induced natural disasters. However, with detailed micro-level data, researchers find...
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