https://www.npr.org/2023/07/22/1186540332/how-climate-change-could-cause-a-home-insurance-meltdown

Read the npr article regarding climate change and home insurance and the The Regulatory Review article regarding insurance costs for natural disasters. Areas that are beautiful - coastal regions and forested regions in particular, are more prone to natural disasters. After a disaster, it's costly to rebuild, and that cost may be pushed onto homeowners in other states. It's also causing insurers to withdraw from providing policies in riskier areas.

What do you think? If an individual chooses to build or buy a home in an area that is more prone to natural disasters should the cost of higher premiums be passed onto other homeowners? Are insurance companies justified in dropping coverage in disaster prone areas?