07-13-2023, 11:45 AM
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Moderator
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Join Date: Jan 2017
Location: God's green Earth
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Quote:
Originally Posted by JAFF
Self insured? You use insurance to cover the cost of a car, home or death because you dont have $250,000 in the bank to cover a catastrophic loss.
Farmers insurance is losing money in California due to fire and floods in Florida. They are looking at recent losses and weather trends and their numbers are telling them California and Florida are bad risks.
People dont like to hear about climate change, but here it is, and the insurance companies have the data to back it up.
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I am saying that insurance is helpful, but there is no guarantee it will be there forever.
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