- Thread starter
- #21
Moab
Well-Known Member
Where can you move to avoid any disaster?
No state along the east coast from Florida to Mayland as well as Texas and Louisiana shouldn't have insurrance because of Hurricanes. Idaho, Iowa, Nebraska, etc. shouldn't have insurance because of tornadoes. Any state on the West coast shouldn't have insurance because of chance of earthquakes and fires. It is an endless cycle of insurance companies happily taking your money and not doing their job fairly. There is not nearly enough accountability in the insurance sector.
You missed the point, the state of Cal would not allow them to raise the rates to make it work in their models, so they pulled out. It's not that they don't want to take their money, it's that the state made is so it wasn't profitable to take their money. Complain all you want, but the businesses do have expenses like employees and all the rest of normal expenses before making a profit, so if they can't even break even, why do business where you can't even break even.