If you want to buy a house, you probably need a mortgage.

And if you want to get a mortgage, you need homeowners insurance,

which is hard when insurance companies decide they no longer want to do business where you live.

I just got a letter, not even a hey, we want these things done.

It was, we're not renewing you.

That's Beth Pratt, speaking with NPR last year.

She lives outside Yosemite National Park in California, where wildfires are becoming more frequent.

Her insurer of 31 years said the fire risk in her area was too great and simply declined to cover her anymore.

These are not luxury items for myself or others.

You have to have insurance.

So, you know, I think that policies and how we insure people probably has to change.

Even if private insurance companies stop short of pulling out of a region,

they're often raising premiums.

Often they say that's to cover the increasing losses from weather-related property damage.

Home insurance costs across the country are up 21% since 2015.

It's even more in high-risk areas like Hurricane prone Florida, where insurance costs

more than three and a half times the national average last year.

And the thing is, climate change is making storms and wildfires more intense and more destructive.

Last year, the US had a record 28 disasters that cost more than a billion dollars in damage.

Climate risk makes things that costs more than a billion dollars in damage.

Climate risk makes things uninsurable.

No insurance makes things unmortagable.

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