Even if that were the case, there is a big chance of a government bailout if too many of them get hit.
We had terrible floods a few years ago and most of the insurance agencies pulled their hands off. Eventually the government agreed to split the cost 50/50. God forbid they had to pay what was defined by their contract.
Even if that were the case, there is a big chance of a government bailout if too many of them get hit.
We had terrible floods a few years ago and most of the insurance agencies pulled their hands off. Eventually the government agreed to split the cost 50/50. God forbid they had to pay what was defined by their contract.