UK Homeowners Denied Home Insurance - Flood Wildfire Subsidence
Senior people inside the insurance industry are warning that climate change could trigger a global financial crisis.
In an open letter published today, a group of insurance executives, co-ordinated by Inside Track, compare the growing number of uninsured high-risk homes to the mortgage unravelling that drove 2008. You need home insurance to get a mortgage. As insurers raise prices, drop flood and wildfire cover or pull out of places altogether, that link starts to break.
They say it's already happening. The Bureau of Investigative Journalism wants to show where in the UK.
If you've been refused home insurance, or quoted a price you couldn't pay, because of flooding, subsidence, wildfire or another climate risk, please get in touch with them. Can all be anonymous.
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