work is slow@lemmy.worldtoHousing Bubble 2: Return of the Ugly @lemmy.world•Florida's insurers deny over 37,000 hurricane claimsEnglish
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11 days agoYeah it’s definitely not that floods are a damaging consequence of hurricanes.
I can understand that flood damage isn’t covered by those plans and still think that the consequences of for profit insurance are bullshit. People typically don’t skip out on full coverage insurance as a get rich quick scheme. It tends to be a consequence of not being able to afford their inflated prices. Safety nets like insurance do not have room for corporate profits. As a result people suffer.
Tough titties is very profitable, but to maximize profits they cut out the part where they actually help people.