In 2021, the structural damage from wildfires, floods, and other climate-related disasters totaled $145 billion, according to the National Oceanic and Atmospheric Administration.

Homeowners are feeling the effects. Between 2021 and 2022, 90 percent of them saw an increase in their home insurance premiums, according to a Policygenius report.

Earlier this month, Colorado Democrats introduced a bill that would offer homeowners state-run insurance if private companies declined to cover them. The move comes in response to the growing wildfire risk in the state.

We discuss homeowner's insurance in high-risk areas and whether or not it's the right answer.

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