Insurance plays a key role in risk management for families by protecting your income, house, car, and other assets. As one of the ultimate managers of risk, the insurance industry quietly shapes modern society by investing trillions of dollars in premiums and deciding what type of projects can be built and operated.
Bluestone Life plays our part by designing and distributing life and disability insurance with a holistic approach. By combining these essential products with our intentional business model, we deliver policies that protect those you love, your community, and our planet – at no additional cost to you. Our mission comes to life through our Premiums with PurposeⓇ, empowering people to use their life insurance for social and environmental progress.
Homeowners insurance has been in the news a lot recently. The changing climate is reshaping all aspects of life, and one trend that has been receiving more attention of late is the impact of extreme weather and natural disasters on our property and communities. There have been countless examples in the last few years, with one prominent example being the wildfires in Los Angeles that devastated entire neighborhoods. Risk management tools such as insurance are one way to protect valuables such as homes, but simply having insurance in place doesn’t tell the whole story.
As Insurance for Good notes, climate-driven events continue to increase in frequency and magnitude, so too do the stakes of “who owns the risk”. The entities and coalitions backing these efforts will “shape the future of housing affordability, insurance markets, local budgets, and community well-being.” Despite these matters being central to maintaining and improving our daily lives and communities, “our systems for financing resilience and lowering these risks remain fragmented, designed for a different era, and often structurally incapable of matching the scale and pace of today’s climate threats.”
The Richmond, VA area was ranked as one of the most “climate resilient cities in America” in 2024. Despite the title, Richmond will surely face its share of challenges in the coming years, such as flooding and extreme heat. Additional data on these topics can be found from Climate Check. The City of Richmond’s RVAGreen program put out a detailed report in collaboration with Planning Communities. All of this work supports Richmond’s goals for all the people of Richmond to, “regardless of identity or neighborhood, thrive in a climate resilient and climate neutral community.”
Given these threats, risk management tools like insurance play a key role not only when it comes to financially protecting our property and homes, but also in being a financial tool and lever to help drive that necessary systemic change.
A Climate Risk Assessment for your home is a concrete way to gather information on the risks to your property and take action to mitigate them. Bluestone makes these complementary assessments available for anyone in the Alexis Advisors network. The Assessments are done by First Street Foundation (the leading organization on quantifying climate risk), which leverages the most advanced climate science and engineering approaches for every property in the country.
If you would like an assessment for your home, simply fill out this form. And if you are interested in an assessment of your current life or disability coverage or want to learn more about our insurance products, please reach out.
Nathan Irons
info@bluestonelife.com
802-428-4411
About the Author
Guest Author: Nathan Irons
Nathan Irons is the founder of Bluestone Life.
The company was started in 2015 to transform life insurance into a powerful force to protect families, strengthen communities, and safeguard our planet. Our holistic approach provides competitive pricing, expertise, and impact.
Bluestone is a Public Benefit Corporation, a Certified B Corp, and a 1% for the Planet member.