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A comment on Climate change could make many US homes uninsurable.

Re:Climate change could make many US homes uninsurable by RcouF1uZ4gsC on Tuesday December 10, 2019 @04:00PM (#21756810)
What will happen is just the the federal government will subsidize and backstop the insurance. Look at flood insurance. The federal government subsidizes flood insurance in some highly vulnerable areas, and when there is a big disaster, provides a backstop though massive infusion of money.

I think much the same thing will happen with climate related insurance.

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Re:Climate change could make many US homes uninsurable by wongarsu on Tuesday December 10, 2019 @04:04PM (#21756843)
US flood insurance is a great example of uninsurable homes existing and somehow being insured.

It might not be economically sensible in most cases, but saving people's homes is a great way to get votes.

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Re:Climate change could make many US homes uninsurable by SilasX on Tuesday December 10, 2019 @04:05PM (#21756846)
Yep, a big chunk of the east coast/Gulf of Mexico is already uninsurable, and only inhabited (but its current non-wealthy residents) because of heavily-subsidized insurance:

https://www.fema.gov/national-flood-insurance-program

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