this post was submitted on 08 Oct 2024
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United States | News & Politics

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Hurricane Helene could cost $200 billion. Nobody knows where the money will come from. Almost none of the storm's devastation will be paid out by insurance. (grist.org)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 1 week ago

And yet people still keep building houses in flood plains. Not to mention Florida.

Insurance companies have always ha the same scam, they’ll happily take your money and pay you $0. That’s the whole point of insurance companies, They use your money for investments and refused to pay out unless you take them to court.