Home insurance is essential for recovering after disaster hits. But, as an increasing number of homeowners are finding out, payouts may not be enough to rebuild.
Home insurance is essential for recovering after disaster hits. But, as an increasing number of homeowners are finding out, payouts may not be enough to rebuild.
A home burns after a fast-moving wildfire swept through the area in Louisville, Colorado, on December 30, 2021. Photographer: Marc Piscotty/Getty Images North America
Many home insurance policies don’t cover the full cost of rebuilding after a disaster, a problem that’s set to grow along with the impacts of climate change.
Many home insurance policies don’t cover the full cost of rebuilding after a disaster, a problem that’s set to grow along with the impacts of climate change.
Residents embrace outside their childhood home destroyed by the Eaton Fire in Altadena, California, US, on Thursday, Jan. 23, 2025. Southern California faces several more tense days of heightened fire risk before the possible return of long-delayed rain this weekend, as gusty winds buffet a region exhausted by weeks of battling blazes.
Anmelden
