Modern Home Builders Issue 132 | Page 20

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A FUTURE-PROOF

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Greg Rankin outlines why the trend in concrete is breaking ground , following a home insurance crisis where builders are being forced to rethink their designs

Homeowners across the US are running out of options when it comes to protecting their houses . The problem is that climate change has increased the risk of catastrophic damage due to windstorms , flooding , and wildfires . With the cost of rebuilding after a disaster rapidly increasing , insurance agencies are passing along the burden to homeowners , with no end in sight . In fact , according to a report from First Street Foundation , a nonprofit research group , almost a third of all homeowners in the lower 48 states are already struggling to find affordable insurance . Without cost-effective coverage , the housing market ’ s future is in peril .

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