16 Mar 2021

The Climate Crisis Could Pose Hikes to Homeowners Flood Insurance Costs

Flood risk is not often top of mind for potential home buyers, real estate agents, insurance companies, and creditors. That may change thanks to a new study that examines the potential financial impact to homes due to flood risk, a topic that has garnered more and more attention due to global warming. In recent years, we have faced ongoing challenges related to the climate crisis. Climate change has caused weather patterns to shift across the

By Christine Schneider | | In California Real Estate Trends, Climate Change and Real Estate | Read moreLeave a comment
13 Jul 2020

The Flood Factor: Updated flood maps are sobering. Is your home at risk?

Understanding the risks of flooding in your home can be challenging. Until recently, the primary tool for figuring out whether or not your home sits in a flood-prone location was to check the Federal Emergency Management Agency maps; however, as a result of the costly research required to make the maps, the intense labor, climate change, and even political influence, these maps have long been suspected of broadly underestimating the risks of flooding for many

By Christine Schneider | | In Home Renovation, Maintenance and Care | Read moreLeave a comment