this post was submitted on 16 Jul 2024
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[–] FlyingSquid@lemmy.world 25 points 2 months ago (2 children)

Ah yes, insurance against fire. I can't see a problem ever happening there.

Wait, that's already a problem?

https://www.latimes.com/california/story/2024-03-23/state-farm-wont-renew-72-000-insurance-policies-in-california-worsening-the-states-insurance-crisis

So if I get this right, your solution is to do something insurance companies aren't willing to do.

Should they be forced to?

[–] explodicle@sh.itjust.works 2 points 2 months ago

Adding to the pile of stupid questions:

Why don't the insurance companies just offer it at a higher rate, until it's profitable for them?