Homeowners insurance skyrockets as climate risk rises

Homeowners insurance doesn’t usually get top billing in the housing conversation. But lately, it’s getting harder to ignore, with premiums rising across much of the country.

New research from economist Benjamin Keys shows those increases are largest in areas most exposed to natural disasters or other climate risks.

Marketplace host Amy Scott spoke with Keys about how climate change is driving prices and what that could mean for housing markets ahead.

Click the audio player above to listen to their conversation.