Climate Insurance Equity
“Why does equity need to be discussed with regard to climate insurance?”
With the advent of climate change, more and more personal property is going to become damaged and destroyed. New climate insurance programs have already have sprung up to address this occurrence. However, communities that have borne the brunt of systematic discrimination will be at the front lines of climate change and will be unable to pay into many of these systems. Because of this, Climate Insurance Equity will need to come into discussion and be actively implemented.