Paying the price of climate change: Louisiana’s insurance crisis • FRANCE 24 English
FRANCE 24 English 
Since the storms of 2020 and 2021, many insurance companies have left the US state of Louisiana or gone bankrupt. Those that remain have increased their rates five-fold in some cases. The poorest homeowners are now unable to pay the insurance needed for their mortgage. This critical situation is a direct result of climate change. FRANCE 24’s Fanny Allard reports.
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Florida insurance system is about to collapse as well
That twisted nail while hammering it in, triggered me
560 mortgage payment to 1700 a month ? The property is already raised up! I'm skeptical that we are seeing the entire financial picture here, I know the insurance situation is bad but it cannot be THAT bad.
and guess what.. ya'll created this mess..
People living around coastal areas in southern states need to drastically change the way their homes are constructed to having brickwork and flat sloped roofs for more stability, thus helping lower insurance claims, premiums.
Sending thoughts and prayers.
It’s government policies not climate change. Houses didn’t used to be this expensive to build
Thank you Jesus 🙏
It's a self-inflicted injury. LOL. They could live in hurricane-proof, tornado-proof McAllen, Texas, but they don't want to.
I just don't understand why they keep building these wooden shacks
Alabama, Florida, N. Carolina. Louisiana. Massive increases in insurance and companies failing. All in Republican states. All deny climate change.
Remember the old sayin-“hurricanes and tornadoes are circles and we build squares”.
You mean a swamp on the edge of a hurricanehighway has problems with flooding?!😮
En français SVP