> That can make homes worth less and harder to sell Their home is worth less as climate risk increases. It is just being priced appropriately. A house that is

> That can make homes worth less and harder to sell Their home is worth less as climate risk increases. It is just being priced appropriately. A house that is now in a more severe disaster zone is reasonably worth less. > Richard Redmond was quoted $7,500 a year for federal flood insurance for his new home on a barrier island on Florida’s east coast. “I chose to forgo the flood policy,” he said. “A $7,500 annual fee for $350,000 of coverage makes no sense.” Seems like a relative bargain given the location.