this post was submitted on 30 Aug 2023
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[–] magnetosphere@kbin.social 4 points 1 year ago (1 children)

Insurance companies don’t want to offer homeowners insurance in places where mass destruction is likely. It’s just not profitable.

Like other companies, an insurance company generally wants as many customers as possible. If an area is considered so potentially dangerous (and therefore unprofitable) that home insurers are willing to turn business away, it may be too potentially dangerous to live in at all.

[–] GentlemanLoser@ttrpg.network 1 points 1 year ago

We're not underinsured because of climate change per se in FL, it's because every storm results in a ton of fraudulent claims.

Again, how does lack of property insurance kill people?