"As natural disasters continue to worsen due to climate change, it's understandable if younger homeowners are wary of the future. In 2021, there were 20 climate disasters in the U.S. that each caused over $1 billion in damage," Pat Howard, a licensed property and casualty insurance expert at Policygenius, said. (Credit: Zack Wittman)
Almost three-quarters of young homeowners (aged 18-34) expect their homes to be damaged by climate change-related extreme weather in the next 30 years, according to a survey by Policygenius, which reported that 45% of all adult homeowners believe the same.
The survey also found that 31% of home policyholders have already experienced damage from a hurricane, tornado, wildfire, flood or other extreme weather events.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
