Add the California insurance companies who "just happened" to cancel the insurance policies of tens of thousands of California insureds, just months before insurance arsonists struck and burned their houses down. No there's a list to behold and wonder at.
And don't leave out the California professional politicians from the list, those…
Add the California insurance companies who "just happened" to cancel the insurance policies of tens of thousands of California insureds, just months before insurance arsonists struck and burned their houses down. No there's a list to behold and wonder at.
And don't leave out the California professional politicians from the list, those who made sure there would be no water in the fire hydrants to fight the fires with. Fires they made inevitable due to "gross incompetence." Like those "words" mean anything anymore.
Due to the losses from wildfires over the years, State Farm and Allstate asked for rate increases on Home-owners insurance and were refused by, you guessed it, Newsom and the Sacramento Mafia. So they cancelled the availability of the insurance. It is not only in LA either. I would guess we have seen just the start.
Actually, having worked and lived in California for many years, it was the professional politicians who "cancelled" the affordability of houses and homeowner's insurance.
A new roof runs $30,000.00. A new septic system costs around $30,000.00. The average MSRP for a new car is now $4,800.00 -- up another $1,000 in one year. I haven't got that kind of money just lying around. Most people I know don't. Pay off your mortgage and you find out how much of your "home" our really own. Try not paying your ever-increasing property taxes (now going up almost annually here in Upstate New York, where the government is desperate for money) and see how long you "own" your house for.
Financialization will be the death of housing. Yet, for Californians, fire is free.
That's why people are supposed to understand that they put money aside for repairs. Insurance is inflating the prices. The roofers can now charge more because "insurance" pays.
Interesting insight. Like medicine. Lewis Mumford argued against Insurance in principle generations ago, saying it was anti-life. Apparently he was on to something.
Sure inflation is a problem. I still think grifting causes some of these increases in cost. "Let's replace the roof, because insurance pays." If insurance didn't exist, you would replace the roof when it needed it. Roofer wouldn't swoop in every time there was a hailstorm. Our insurance almost got cancelled after the last hailstorm. https://www.forbes.com/advisor/insurance/fraud-statistics/
Anna - in this instance, regarding roofing, you're 100% correct. This is a pretty well-known scam - if you will. The roofing industry lobbyists somehow got it written into law that if roofs are "damaged by hail", the insurance companies are liable for the cost of replacement.
After hailstorms, unscrupulous roofers canvass the neighborhoods, going door to door, offering free inspections. Then, as you say, people figure, it it's covered by insurance, why not?
Even worse, in Florida, somehow insurance lobbyists have had it written into law, that if your roof is more than 10 years old, they can drop you. A few people I know have had to pay for a new roof, in order to retain their homeowner's insurance.
Both are robbery, and ultimately the roofers benefit in both instances. As always, follow the money. It also gives you an idea of what our legislators do all day, while we're hard at work so we can pay their salaries.
As Shakespeare said, "The first thing we do, let's kill all the roofers."
Being the World's Policeman, aiding, abetting, financing the murder of other people's of the world, have the World's Globalists controlling installed idiots like Biden obediently opening the U.S. borders has a cost.
Arsonists in the U.S. are costing hundreds of $Billions. Any connection?
Yes.
Add the California insurance companies who "just happened" to cancel the insurance policies of tens of thousands of California insureds, just months before insurance arsonists struck and burned their houses down. No there's a list to behold and wonder at.
And don't leave out the California professional politicians from the list, those who made sure there would be no water in the fire hydrants to fight the fires with. Fires they made inevitable due to "gross incompetence." Like those "words" mean anything anymore.
Due to the losses from wildfires over the years, State Farm and Allstate asked for rate increases on Home-owners insurance and were refused by, you guessed it, Newsom and the Sacramento Mafia. So they cancelled the availability of the insurance. It is not only in LA either. I would guess we have seen just the start.
Actually, having worked and lived in California for many years, it was the professional politicians who "cancelled" the affordability of houses and homeowner's insurance.
A new roof runs $30,000.00. A new septic system costs around $30,000.00. The average MSRP for a new car is now $4,800.00 -- up another $1,000 in one year. I haven't got that kind of money just lying around. Most people I know don't. Pay off your mortgage and you find out how much of your "home" our really own. Try not paying your ever-increasing property taxes (now going up almost annually here in Upstate New York, where the government is desperate for money) and see how long you "own" your house for.
Financialization will be the death of housing. Yet, for Californians, fire is free.
That's why people are supposed to understand that they put money aside for repairs. Insurance is inflating the prices. The roofers can now charge more because "insurance" pays.
Interesting insight. Like medicine. Lewis Mumford argued against Insurance in principle generations ago, saying it was anti-life. Apparently he was on to something.
It might work if people were ethical, but they aren't. I try to be but I am sure I am not always the best either.
Nope, insurance is not inflating prices. It's not hard to understand. Insurance covers risk of covering replacement cost - houses, cars, etc.
Inflation has caused the prices of all materials to go up --> replacement cost is up. A house used to cost $100/SF to build, now it costs $300/SF.
So, yeah - lose a roof and now it costs $30K to replace it, not $10K, so what do you think happens with insurance premiums?
Sure inflation is a problem. I still think grifting causes some of these increases in cost. "Let's replace the roof, because insurance pays." If insurance didn't exist, you would replace the roof when it needed it. Roofer wouldn't swoop in every time there was a hailstorm. Our insurance almost got cancelled after the last hailstorm. https://www.forbes.com/advisor/insurance/fraud-statistics/
Anna - in this instance, regarding roofing, you're 100% correct. This is a pretty well-known scam - if you will. The roofing industry lobbyists somehow got it written into law that if roofs are "damaged by hail", the insurance companies are liable for the cost of replacement.
After hailstorms, unscrupulous roofers canvass the neighborhoods, going door to door, offering free inspections. Then, as you say, people figure, it it's covered by insurance, why not?
Even worse, in Florida, somehow insurance lobbyists have had it written into law, that if your roof is more than 10 years old, they can drop you. A few people I know have had to pay for a new roof, in order to retain their homeowner's insurance.
Both are robbery, and ultimately the roofers benefit in both instances. As always, follow the money. It also gives you an idea of what our legislators do all day, while we're hard at work so we can pay their salaries.
As Shakespeare said, "The first thing we do, let's kill all the roofers."
Being the World's Policeman, aiding, abetting, financing the murder of other people's of the world, have the World's Globalists controlling installed idiots like Biden obediently opening the U.S. borders has a cost.
Arsonists in the U.S. are costing hundreds of $Billions. Any connection?
Nothing to see here folks. Just a coincidence.
One billionaire couple owns almost all water in Calif:
https://perfectunion.us/how-this-billionaire-couple-stole-californias-water-supply/
Very interesting 🤨
Like!