Increases in natural disasters have changed the way insurance carriers view and price risk, causing a considerable change in the rules of homeowners insurance.
Some families find that their previously insurable home and other property are no longer insurable. For families seeking to insure their assets to help secure their financial future, or for others who hold a mortgage that requires insurance (almost all do), they are left with a problem with practically no solutions except to move.
The following article does an excellent job outlining this current situation and a few options. It was written to help financial advisors advise clients but can easily benefit clients directly.