Climate Change Hits Minorities Harder: Hispanic Homeowners Pay $5,000 More for Insurance

📡 Grist · 1 min read ·
Climate Change Hits Minorities Harder: Hispanic Homeowners Pay $5,000 More for Insurance
A new report reveals a troubling trend in Florida. Homeowners in Hispanic neighborhoods pay an average of $5,014 more each year for property insurance. This disparity shows how extreme weather is affecting minority communities differently. As climate change makes storms worse, insurance companies are raising rates in these areas.