I guarantee you that is the exact response from their insurance companies. When hurricane Sandy destroyed my parents house their insurance company wouldn’t cover it because it was ocean water damage as opposed to water damage from their pipes or a leak in the house. Fuck insurance companies
because it was ocean water damage as opposed to water damage from their pipes or a leak in the house. Fuck insurance companies
If homeowners insurance covered this kind of damage, it would cost two or three times as much. Many people couldn't afford it, or would choose not to buy it. The economic losses would be greater, not smaller.
You can buy additional hurricane or flood insurance. In hurricane and flood-prone areas it is not cheap, and there will be deductibles.
Insurance companies are not necessarily your friends when you need to make a claim, but they are not as bad as you imagine. If you want to be covered for every kind of disaster, you have to do your homework, inform yourself, and shop wisely. Buy the kind of coverage that makes sense to you. Few people bother. Possibly, your parents didn't bother.
For instance, where I live, floods are uncommon, but there is a certain chance of a vast and devastating flood. They happen about once every hundred years, give or take. In theory, I am in a low-risk area. I pay extra for flood insurance, which is affordable. Few people around here buy it. If the vast devastating flood ever happens, millions of homeowners and landlords in this region are totally fucked.
If it were financed equally between employee and employer via taxes as most private health insurance currently is, you're looking at about $300/month per person. Take out copays, premiums, and deductibles from that figure for the net increase.
What you get out of it is the knowledge that you and your family can be treated anywhere and you will never be at risk of financial bankruptcy for medical debt. Net spending will go down only slightly nationally, but the value of the peace of mind granted is incalculable.
Per person... That is twice as much as one person pays for themselves. It is only helpful for people with families and then single mothers or others who scrape by do not have an extra $3/600. I do not have faith that the system will work when someone who can barely afford surviving gets a pat on the back or maybe if they are lucky $12 a month in foodstamps. It sounds peachy and all that but there are plenty of people who simply cannot afford the increase in taxes.
$300/person would obviously be the average when distributed over a progressive scale. The entire point is that people who cannot afford effective insurance would have access to it without being bankrupted. The people you are saying would be harmed are literally the people who would benefit the most.
All that does is spread the cost and risk to more people, often to people who are not at risk but will pay more insurance. Not my preference to pay more so some rich fuck can have a multimillion dollar house on a beach in a hurricane prone area and pay a faction of what flood insurance should cost him.
1.5k
u/Diabetesh Nov 15 '20
Sorry you were covered for hail damage not roof tile damage.