For the kids, vote Climate.

Climate change vs insurance

“The World Economic Forum Global Risk Report 2024 estimates that nearly 521,000 Australian homes are predicted to be uninsurable by 2030 due to the risks of extreme weather.” 

.https://www.ebminsurance.com.au/resources/news/climate-change-vs-insurance/ , Published: 30 Jan 2025

One in 10 homes could become uninsurable by 2035, analyst warns

In short:

Climate Valuation chief executive Karl Mallon says the rate at which houses are deemed uninsurable is increasing.

Analysts expect banks will start turning down mortgages in high-risk areas. 

What’s next?

There are calls to curb emissions to reduce the frequency and severity of climate-related weather events or adapt buildings to withstand them.

https://www.abc.net.au/news/2025-01-15/insurance-premiums-rising-uninsurable-homes-climate-change/104814932, published 15 Jan 2025