Reduce Homeowner’s / Rental Insurance Costs

The Problem

Homeowners insurance premiums are rising dramatically across the country.  The drivers are well-known: increasing climate risk, outdated risk assessment models, and insurance companies that pass costs directly to consumers while protecting profit margins. [1]

In many regions, insurers are withdrawing entirely — leaving homeowners with only expensive last-resort state plans or no coverage at all. [2]  This isn’t just a financial burden; it threatens the fundamental ability of Americans to own homes and build wealth.

The current risk assessment models used by insurers are blunt instruments.  Entire regions are penalized based on broad geographic risk pools, with little credit given to individual mitigation efforts or community resilience investments. [3]

What We Propose

Create a national housing insurance reserve fund that backstops private insurance companies — reducing their exposure to catastrophic risk and, in turn, reducing their need to charge ever-higher premiums or abandon markets entirely.

Introduce better risk analysis methodologies drawn from industrial safety engineering.  Replace broad geographic risk pools with granular, evidence-based assessments that account for individual property characteristics, local mitigation measures, and community resilience infrastructure.

Reward homeowners and communities that invest in risk reduction.  A homeowner who hardens their roof or a community that upgrades its drainage infrastructure should see that reflected in lower premiums — not be lumped in with those who haven’t.

How We’ll Know It’s Working