Because unlike a lot of gringo fuckbagels, insurance companies do believe in and understand the idea of #ClimateChange.
>Insurers Are Deserting Homeowners After Natural Disasters https://jacobin.com/2024/04/insurance-natural-disasters-louisiana-regulation/
Insurers Are Deserting Homeowners After Natural Disasters
As increasingly severe natural disasters ravage the South, insurance companies are abandoning clients, increasing premiums, and fighting regulation measures — forcing homeowners to fend for themselves in the wake of destruction.jacobin.com
Easelbitch™️ :verified:
in reply to A. Rivera • • •Laux Myth (aka Martin)
in reply to Easelbitch™️ :verified: • • •Hmmm ... how exactly? I would guess <1% could find the liquidity to support replacing a house and contents on short notice.