Banks Are Finally Realizing What Climate Change Will Do to Housing | Extreme weather threatens the investment value of many properties, but financing for climate mitigation efforts are just starting
Even if that were the case, there is a big chance of a government bailout if too many of them get hit.
We had terrible floods a few years ago and most of the insurance agencies pulled their hands off. Eventually the government agreed to split the cost 50/50. God forbid they had to pay what was defined by their contract.