- Insurance rates will be going up for everyone
- Some insurance companies will stop offering new policies for areas of high risk
- Some insurance companies will withdraw from entire states
- Insurance companies may make property inspections before they offer a policy
- Governments that regulate the cost of insurance will have significant pressures from insurance companies and their constituents to reduce the cost of insurance
- The cost of insurance may become prohibitively expensive
- Development along the coasts and in wildland fire areas will slow
- People won’t be able to get insurance to back up their need to have it as required by the lending institutions
- Insurance companies’ rates for their own re-insurance will be going way up. Those costs have to be passed on to the people they insure.
I think all of the above is a given.