It’s no secret that coastal homes are becoming more vulnerable to extreme weather and other effects of climate change. But the cost of living on the coast has remained relatively stable in waterfront areas of Miami Beach and the Northeast. That’s partly due to an influx of capital in the insurance industry that has increased competition and kept premiums artificially low, Bloomberg reported. At the same time, homeowners in areas of the U.S. that will […]
source https://therealdeal.com/miami/2019/03/26/insurance-premiums-could-rise-as-more-extreme-storms-hit-coastal-markets/#new_tab
No comments:
Post a Comment