I am glad I don’t own coastal property right now… not that I could afford it anyway. But to think property owners on the coast lines are having such a hard time finding insurance, and are at risk of getting their existing policies canceled, is downright scary. If you read through this whole article, you’ll see we’re not any of us protected from the threat of losing insurance, really. The fact is, global warming is producing such unpredictable and volatile weather patterns that we all may be at risk of losing what we have. I just pray that working together as people of this great planet, will actually make a difference in all this.
The most serious problem that the article points out is that this is only going to be the beginning. Soon, they will claim other issues involving global climate change… for example: ohh.. the tornado that hits the midwest, the blizzard that hits the Great Lakes, the hurricane along the gulf coast, and they will use this against the customer to charge increases in all of our premiums. This may become the hot-button issue that will wake up the majority of Americans that still refuse to believe in what is happening around the world. The ole-cliche, once it hits the wallets and pocketbooks, the masses will awake!
Thank you nessasarie for highlighting this article, i hope people from around the country who read Newsweek took the 5 minutes to read it.