“If we’re raising rates and people can’t afford them, often they drop the insurance,” (or will lose their homes) Grannis said.

“That’s their primary line of defense; that’s where their nest egg is. We’re increasing people’s vulnerability by not dealing with the affordability question.”

Read the full story below.

http://www.climatecentral.org/news/flood-insurance-americans-on-coasts-18863

High rates will decimate shorefront communities.

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