Climate Change Leading to Widespread Flooding

Whether you believe in global warming or not, climate change is causing oceans to rise, leading to devastating coastal floods. In fact, ocean levels are rising nearly three times as fast as they were 30 years ago (over an inch per decade). Hundreds of thousands of homes and businesses that rest on the shoreline are at high risk for destruction over the next 30 years.

Aside from rising sea levels, storms are consistently increasing! Warmer weather means more water in the air, which means heavier storms, which leads to more flooding. It’s a vicious cycle. Several cities have recently beat their record rainfall rates, and storm “seasons” are getting longer.

Financial Destruction

Even if the flooding doesn’t cause serious damage for another thirty years, home values are already decreasing with every storm. People are less and less likely to move to coastal towns as recent hurricanes have devastated some of those areas. Not only are home values decreasing, but businesses are losing a lot of business both from residents and tourists. Florida, New Jersey, and New York (Long Island) are at the highest risk for financial destruction because of the current home values along the shoreline.

As home values go down, taxes may still rise, and insurance costs will soar.

Combatting Changing Weather

Some coastal towns are putting a halt on any construction that isn’t designed to withstand large storms. That means construction costs and taxes are likely to rise, and smaller businesses are going to have a hard time setting up shop near the shore – which is where a lot of the tourists (and a lot of their customers) are.

If you’re serious about combatting changing weather patterns and fighting off global warming, there are a few steps you can take. We’re sure you’ve heard about saving water by only running full loads of laundry and turning off the water while brushing your teeth, and you’ve probably heard about saving electricity by turning off appliances and lights when you’re not using them. However, you can make a big difference by purchasing energy-efficient appliances to conserve energy!

As much as we try, though, some change is inevitable. Make sure your insurance plans are all secure in the event of a severe storm. Give us a call if you’re interested in switching to a stronger, cheaper policy at 615-964-5250.


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