this post was submitted on 12 Mar 2024
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Why are they all confounded? Pretty sure they all have insurance that will cover everything. Wealthy people with beach houses have money. Money can solve any problem.
Insurance will say they will cover everything, except these very specific things which you can apply to most scenarios.
"Sorry, that's just wear and tear on your property"
Rich people are rich because they're misers who hate losing money for any reaosn,and insurance companies are nothing if not profit-driven and have a million ways to weasel out. So we all enjoy the shadenfreude. Whoever loses in this case, we win.
Are you sure about that?
Because when a bunch of rich people lose money, public funds tend to find a way to make them whole
The system is rigged... Private gains and socialized losses. They don't lose, no matter how dumb they play the game
You know any rich person that likes to spend more than necessary of their money?
I don't think you understand how insurance works.
Flood insurance is getting rather difficult to find in Florida.
ok but this is a news story about an event in Massachusetts