Who should pay for rising flood insurance costs?
I've lived in Miami for 12 years and watched our flood insurance premiums climb every single year. Last month my policy renewal came in 22% higher than last year, with no claims on record. Climate change is reshaping coastal real estate, but who should actually bear the cost of adapting? Should insurers keep pricing risk dynamically, or does the government need to step in with a public option that keeps premiums stable for homeowners like us?