Property Insurance: An Environmentally Endangered Species

By Mike Koetting April 9, 2024

I believe one of the reasons that people discount the threats to our environment is that they imagine them as some really catastrophic events resulting in the kind of dystopian science fiction scenario portrayed in a Mad Max movie. Since that is, literally, unthinkable, it gives license to lower the immediate threat level.

However, it is not likely it will happen like that. It is much, much more likely that things will come apart gradually, one problem after another, each compounding the previous. It has already started to happen, poking successive holes in the fabric of our life. Today’s conversations are no longer just about the future.

This post addresses one of these clear and present problems—the retreat of home owners’ insurance in the face of environmental threats.

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