As climate change leads to more frequent and severe weather events, the insurance industry is facing new challenges. From floods and wildfires to hurricanes and droughts, the increasing risk of climate-related disasters is reshaping how insurers assess risk and set premiums. In this video, Mt Franklin Insurance explores how climate change is impacting the insurance landscape and what consumers need to understand about the changing market.
What You’ll Learn:
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How climate change is influencing the types of risks that insurers are covering, including natural disasters, property damage, and liability.
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Why insurance premiums are rising for homes, businesses, and vehicles in areas vulnerable to climate-related events.
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The shift in underwriting practices as insurers adapt to higher risks associated with extreme weather patterns.
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How businesses and homeowners can protect themselves from climate-related insurance claims by adjusting coverage.
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The future of insurance pricing and what consumers can expect as climate change continues to drive changes in the industry.
Why This Matters:
Climate change is no longer a distant concern—it’s affecting the real cost of insurance today. As extreme weather events become more common, consumers may face higher premiums, limited coverage options, and changes in policy terms. Understanding these shifts will help you make informed decisions about your coverage needs. Mt Franklin Insurance is here to guide you through this evolving landscape and ensure your property, business, and assets are adequately protected.
Get in Touch:
Want to understand how climate change might impact your insurance premiums or coverage? Contact Mt Franklin Insurance today to discuss how we can help you navigate these challenges. Click here to get a quote.
