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Dr. Hope Thompson of the Natural Resources Defense Council on rising homeowner’s insurance
Description
Dr. Hope Thompson is an expert on climate adaptation policy, comprehensive risk management, and equitable disaster resilience. (Courtesy photo: NRDC)
One of the most expensive and worrisome immediate impacts of climate change and the weather disasters it spawns is the fast-rising cost of homeowners insurance. Here in North Carolina and in many parts of the country, these soaring costs are a big contributor to the housing affordability crisis that plagues so many communities.
As Newsline learned in a recent conversation with Natural Resources Defense Council climate adaptation expert, Dr. Hope Thompson, there are several practical and affordable regulatory steps that we can take to address the problem – steps that will both make buildings more resilient and assure the availability of affordable homeowners insurance in the future.