Column: Flooding risk, insurance costs are increasing in San Diego — and everywhere
Thousands of residences and businesses in San Diego County face increasing threats of flooding in the coming decades — and the cost of insurance for that will increase for many properties.
Sea-level rise resulting from climate change has made coastal zones and river regions more susceptible to high waters locally and around the world. The warnings have been around for years. Now insurance calculations are catching up with the reality, driven by nuanced data that allows for more detailed risk assessments of specific properties.
Much has been said and written about the cost and limited availability of insurance in high-risk wildfire zones. Areas increasingly prone to flooding are following a parallel path.