Climate Change as a Matter of Fact: Rising insurance rates and falling housing prices on Louisiana bayou

 

Headline:  New York Times, 11/19/2025

New research shared with The New York Times estimates the extent to which rising home insurance premiums, driven higher by climate change, are cascading into the broader real estate market and eating into home values in the most disaster-prone areas. 

The study, which analyzed tens of millions of housing payments through 2024 to understand where insurance costs have risen most, offers first-of-its-kind insight into the way rising insurance rates are affecting home values. 

Since 2018, a financial shock in the home insurance market has meant that homes in the ZIP codes most exposed to hurricanes and wildfires would sell for an average of $43,900 less than they would otherwise, the research found. They include coastal towns in Louisiana and low-lying areas in Florida.

Other climate change posts:

Climate change as a matter of fact:  Jean Lafitte, Louisiana (2/26/2018)