Graphic with image of damaged home with white title text: “Home insurance costs are rising, and climate risk is a big reason why.” Subheading: “Premiums jumped 12% last year to nearly $3,000, as climate-driven disasters push losses to about $100B annually. As risk rises, so do costs.” Grist logo in bottom left corner, Clean & Prosperous logo in bottom right corner.
Graphic with map of US displaying “Home insurance rate increases by state” with a green to orange color scale, green states representing lower percentages and orange states representing higher percentages. Bullet points below map: “nearly all states are seeing insurance increases,” “sharpest spikes in high-risk regions,” “wildfires, hurricanes, and severe storms are driving losses,” “insurers are raising rates in response to growing risk.” Clean & Prosperous logo in bottom right corner.
Graphic showing horizontal bar chart with title “Most expensive states for home insurance.” Y-axis shows states; Florica, Oklahoma, Louisiana, Nebraska, Texas, Colorado, Minnesota, Illinois, Kansas, South Carolina. X-axis showing $ in increments of $0, $2,000, $4,000, $6,000, $8000. Bullet points below: “U.S. average ~$3,000/year,” “Florida: ~$8,400/year,” “Several states exceeded $4,000-$5,000,” “The gap between states is widening.” Clean & Prosperous logo in bottom right corner.
Graphic with image of workers cleaning up after extreme weather in Washington state. Title text: “Washington isn’t immune to rising risk.” Subheading: “Wildfires, flooding, and smoke are already driving risk and cost across the state. The Climate Commitment Act is funding resilience projects to reduce damage and improve long-term affordability.” Funded by Washington’s Climate Commitment Act logo centered on bottom of page, Clean & Prosperous logo in bottom right corner.
Climate risk is raising costs.
Premiums jumped 12% last year to ~$3K avg, while disaster losses hit ~$100B annually - up from $15B a decade ago.
Prices are rising in nearly every state. In WA, the Climate Commitment Act is investing in resilience to reduce risk and costs.
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