1,000s Of Tampa Homeowners Now Face $4-5,000 Flood Insurance Costs After FEMA Reclassification

[hatrack]

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A more general review of insurance rate increases, driven by warming:

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[greenman3610]

1. this is an enormous issue that middle America is blissfully unaware of,

that's going to smack them in the face.
I present to a lot of rural conservatives, and when they see these impacts,
it hits home.

[Kaleva]

4. Tampa is rural?

[dutch777]

2. And climate change will only make this worse ongoing

It should be noted the driver here is usually mortgage lenders. I have known folks who bought in flood zones but paid cash and the Feds or others aren't the ones requiring flood insurance. No mortgage, no insurance requirement although I could see if you live in a development with HOA governance, the HOA may also require it as the last thing they want is an abandoned flooded out property within their HOA. But no different than fire, you can understand why a bank wants something they may be the 80% plus owner of to be insured against likely risks.

[NickB79]

3. Insurance spikes are what will drive climate change home for most Americans

Ice caps melting and rainforests burning don't mean shit to most of us, but an extra $5000 out of pocket? That wakes people up.