Climate change is real, it’s here, and it may be ready to affect your homeowner’s insurance. Natural disasters have become stronger and more severe in recent years, and this trend is just going to continue- causing for increases in homeowner’s insurance claims.
Due to the changes that our planet is facing, it is important to stay on top of your homeowner’s insurance and stay updated with what is covered, how you may be at risk, and other important topics.
It is also important to recognize the area you live in and whether or not it is a high-risk area so that you are aware of possible increases in premiums and deductibles in your insurance.
It may also be beneficial to add additional coverage if you are in fact in a high risk area. You should make sure to meet with your insurance advisor to discuss possible options for you to ensure you are in the best possible situation for yourself, and make sure you know and understand the changes climate change may bring to your homeowner’s insurance.
