Increasingly, climate risks such as hurricanes, floods and wildfires are causing insurance payouts that exceed the premiums insurers are collecting. This leads insurers to raise rates or reconsider insuring certain areas altogether.

Homeowners along the East Coast face significant climate-related risks due to increasing temperatures, extreme weather events, rising sea levels, and changing climate patterns. These risks pose threats to both the safety and financial well-being of homeowners. However, through building resilience, education, and decisive action by policymakers, these risks can be mitigated.