Rise Of The Insurance Apocalypse

1. 2024-10-02 at 10:06 PM UTC

   #1
   

   Obbe Alan What? [annoy my right-angled speediness]
   Rise Of The Insurance Apocalypse
   
   

   But as climate change intensifies extreme weather and claims pile up, this system has been thrown into disarray. Insured losses from natural disasters in the United States now routinely approach $100 billion a year, compared to $4.6 billion in 2000. As a result, the average homeowner has seen their premiums spike 21 percent since 2015. Perhaps unsurprisingly, the states most likely to have disasters — like Texas and Florida — have some of the most expensive insurance rates. That means ever more people are forgoing coverage, leaving them vulnerable and driving prices even higher as the number of people paying premiums and sharing risk shrinks.

2. 2024-10-02 at 11:37 PM UTC

   #2
   

   the man who put it in my hood Black Hole [miraculously counterclaim my golf]
3. 2024-10-03 at 12:31 AM UTC

   #3
   

   Obbe Alan What? [annoy my right-angled speediness]
   Who's that guy?
4. 2024-10-03 at 1:05 AM UTC

   #4
   

   the man who put it in my hood Black Hole [miraculously counterclaim my golf]
   LaronVonBaron aka GamersGettingPlayed he's an OG from the borderlands and gamer union community
5. 2024-10-03 at 1:06 AM UTC

   #5
   

   Obbe Alan What? [annoy my right-angled speediness]
   Oh ok.
6. 2024-10-03 at 5:12 AM UTC

   #6
   

   the man who put it in my hood Black Hole [miraculously counterclaim my golf]
   he has some pretty cool climate change videos I like his opinions he seems like a chill old dude. He also grows weed.
7. 2024-10-03 at 6:19 PM UTC

   #7
   

   Obbe Alan What? [annoy my right-angled speediness]
   That's cool.
8. 2024-10-03 at 6:52 PM UTC

   #8
   

   Jiggaboo_Johnson Black Hole
   So get out of real estate and into insurance as a smart career move huh
9. 2024-10-03 at 11:55 PM UTC

   #9
   

   the man who put it in my hood Black Hole [miraculously counterclaim my golf]
   climate change
10. 2024-10-04 at 1:17 PM UTC

    #10
    

    Jiggaboo_Johnson Black Hole
    Change is good.
11. 2024-10-04 at 1:38 PM UTC

    #11
    

    ner vegas African Astronaut
    change comes from within
    The following users say it would be alright if the author of this post didn't die in a fire!

    • RisiR †
12. 2024-10-04 at 1:59 PM UTC

    #12
    Gridlocke Houston
    I thought climate change was an existential threat? Now it's about insurance rates?
    
    Don't worry we won't need to bother with insurance, we'll all be dead.
13. 2024-10-04 at 2:12 PM UTC

    #13
    Gridlocke Houston
    Also this is super misleading just going by the numbers. Especially when you adjust for inflation. 2005 had $65 billion in insured losses, equivalent to $100 billion today. So actually if they picked that year for the article they'd have said there was no increase.
    
    Some years have more active storms than others regardless of climate trends. 2000 had like no major storms, maybe one. Probably why they picked that year.
    
    Not to mention all the development and population increases in regions commonly affected by hurricanes, the whole hurricane alley has been growing year over year for a long time. More people, higher property values, and so on.
    
    So of course there's gonna be more damages if there is a storm, even if the quantity and intensity of storms haven't increased at all.
14. 2024-10-04 at 2:49 PM UTC

    #14
    

    the man who put it in my hood Black Hole [miraculously counterclaim my golf]

    Originally posted by the man who put it in my hood

    Originally posted by the man who put it in my hood

    Originally posted by the man who put it in my hood

15. 2024-10-04 at 2:52 PM UTC

    #15
    Charles Ex Machina Space Nigga

    Originally posted by ner vegas change comes from within

    
    no it involves surgeons.
16. 2024-10-04 at 3:10 PM UTC

    #16
    Gridlocke Houston

    Originally posted by Charles Ex Machina no it involves surgeons.

    
    no it's what they give me back at the cash register
17. 2024-10-04 at 3:11 PM UTC

    #17
    Charles Ex Machina Space Nigga

    Originally posted by Gridlocke no it's what they give me back at the cash register

    
    you need bigger changes
18. 2024-10-04 at 9:09 PM UTC

    #18
    

    Jiggaboo_Johnson Black Hole

    Originally posted by Gridlocke I thought climate change was an existential threat? Now it's about insurance rates?

    
    ..and carbon credits, don't forget those.
19. 2024-10-05 at 7:03 AM UTC

    #19
    

    the man who put it in my hood Black Hole [miraculously counterclaim my golf]

    Originally posted by the man who put it in my hood

    Originally posted by the man who put it in my hood

    Originally posted by the man who put it in my hood

    Originally posted by the man who put it in my hood

    The following users say it would be alright if the author of this post didn't die in a fire!

    • RisiR †