:elmofire:
They are doing this to get more government subsidies. Flood insurance in coastal areas is already heavily subsidized by the government.
The "you are fully on your own" moment is coming soon tho.
just as octavia butler foretold
too bad her books ain't got no socialism in 'em
Yeah, I recommend just not reading Talents. Sower was great though.
still no socialism though, just dumb vague mutalist musk-brain space colony ideology idk where's all the unions and communists and shit
Yeah, but Sower at least ended feeling like it was moving towards something decent. I was really hopeful going into Talents. :kombucha-disgust:
Manged retreat will be a official policy soon enough
:grillman:: "Universal healthcare? No thanks, I prefer my insurance that I was forced to buy, thank you very much. Sometimes they tell me no and I get to give a billionaire a ton of money for nothing. It's all about helping the economy."
This was always expected from insurance companies and will probably becoming increasingly common as climate change continues to worsen.
My grandparents got dropped by their fire insurance 5~ years ago and the only company that would take them quadrupled the cost.
I wonder what the federal government will do about this.
Another FDR could run on a jobs program to manage forests and mitigate some flooding of coastal areas. And lifting houses up on stilts like they did after hurricane Sandy in New Jersey, but rich fuckers' coastal vacation homes will be demolished or allowed to fall into the sea. Flood insurance has become so expensive in large part due to paying to rebuild their beach mcmansions every 5-10 years.
We're probably past electing another FDR at this point, but something will have to be done at a federal level. The US is practically built on real estate prices always increasing and it is a large reason why people vote for one bourgeois dictatorship party or the other.
But will the prices keep increasing if the people buying a house in an area prone to wildfires know it will be expensive to insure?
There must be some law that prevents State Farm from not insuring homes at high risk of being destroyed by a wildfire, so instead they pulled out entirely from the most populous state in the US.
For floods there are maps that clearly state where the federal government-backed flood insurance is required, fires not so much.
Yes it is and I'm glad you get to watch it burn from a distance. I'll be here for the foreseeable bleak future.
This is pretty regular - no insurance company will take you on during a catastrophe. They label is as such and refuse new policies.
