Insurance Fairness Project

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Insurance Fairness Project

Insurance Fairness Project

@Insure_Fairly

Protecting America's homes, by advocating for a sustainable and equitable solution to the climate-driven property insurance crisis.

United States Katılım Ağustos 2018
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Insurance Fairness Project
Insurance Fairness Project@Insure_Fairly·
Hi! Today, we’re launching the Insurance Fairness Project, a new effort to explore solutions for America’s ongoing home insurance crisis. Insurers and politicians are leaving homeowners in the lurch, even as climate disasters hit harder and more frequently than ever.
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Insurance Fairness Project
Insurance Fairness Project@Insure_Fairly·
Fannie Mae and Freddie Mac will now allow mortgages backed by cheaper “actual cash value” roof insurance rather than full replacement coverage. That means even after a disaster payout, many homeowners still would not be able to afford to repair or rebuild.
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Insurance Fairness Project
Insurance Fairness Project@Insure_Fairly·
Insurers are withdrawing from some California neighborhoods previously categorized as "low-risk” — driving up enrollment surge in the state's last-resort FAIR Plan, which was never intended to cover the general homeowner population. bloomberg.com/news/articles/…
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Insurance Fairness Project
Insurance Fairness Project@Insure_Fairly·
That’s why tools like SB 3000 are such an important part of the overall strategy to shift risk from homeowners back to the companies whose emissions are driving climate-driven extreme weather in the first place.
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