Storm mitigation reduces a property’s risk to future events. It can allow residents to return more quickly to a home with less damage. While it usually takes an initial investment, mitigation pays off in the long run. On average, every $1 spent on mitigation saves $6 in future losses.

The retreat of insurance companies from areas heavily impacted by extreme weather risks has far-reaching consequences. It leaves homeowners unprotected against catastrophic losses, places the burden of recovery on communities, and creates economic instability.

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.