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So what exactly is the game plan when private insurance companies pull out of states like Florida?
Like what do home owners do when they buy a house and climate change destroys it and they can’t get insurance?
Shouldn’t the Republicans who run that state figure that out?
@BlastBunny Why would they care? Their rich donors are the only people they care about. Those donors can afford to lose a house or two, so no worries! #Politics
@BlastBunny Take away the ability by mortgage companies to mandate home insurance.
It has turned into a sham money machine for insurance companies over the years.
I mean sure, but that doesn’t fix the fact you still have a mortgage and your house got blown away by a hurricane
@BlastBunny I think the traditional solution (shitty tho it may be) is for the state to run its own risk pool--which is to say, socialized/subsidized insurance.
Now whether FL would do that, who knows?