Climate Insurance Premiums

Climate Insurance Premiums

Climate Insurance Premiums

11/08/20

“How are people charged climate insurance premiums?”

People pay for climate insurance by paying a monthly premium (fee) every month. These Climate Insurance Premiums are charged based on the perceived risk that the property is located in and its physical resilience to damage. Payment of climate insurance premiums ensures that the provider can stay afloat and continue to safeguard property.

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