![]() ![]() It appears people already are moving away from the coast in states like North Carolina and Louisiana, and that pace is expected to increase, said Jesse Keenan, an economist and associate professor of sustainable real estate at Tulane University who studies urban and infrastructure planning. What is climate change? Is it the same thing as global warming? Definitions. More extreme weather events aren't the only thing causing insurance rates to shoot up, but they will increase pressure on the market, and could price people out of their homes and send them in search of less riskier places to live. "It's picking the type of risk you want to be subjected to.”Īcross the country, people are struggling with rapid shifts between drought and extreme rain, warming temperatures and severe storms that produce hail, rain and tornadoes, Bowen said. “You have to inherently understand there is no risk-free place anywhere in the country,” Bowen said. ![]() The truth is every place has its risks, said Steve Bowen, chief science officer and meteorologist with Gallagher Re, a global reinsurance broker. With house insurance rates escalating and more frequent flooding from rising sea levels and extreme rainfall, some prospective home buyers are asking more questions about climate impacts before signing up for a 30-year mortgage.Įconomists, flood experts and others often consider which cities might be safest from climate change impacts in the long-term, considering factors such as flood risk, sustainability and preparation to make communities more resilient. ![]() Watch Video: Five favorite walkable, bikable cities in America ![]()
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