Insurers Are Deserting Homeowners as Climate Shocks Worsen
www.nytimes.com
Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.
  • cheers_queers@lemm.eeEnglish
    7·
    5 days ago

    this might be a dumb question, but aren’t landlords required to insure homes they rent out?

    • stoly@lemmy.world
      6·
      4 days ago

      This will certainly depend on where you live but my impression is that generally you only need to have it when you have a mortgage specifically because the banks require it as a way to protect themselves. If you pay cash nobody cares.