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submitted 11 months ago by Stamets@lemmy.dbzer0.com to c/whitepeopletwitter@sh.itjust.works

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[–] Fredthefishlord@lemmy.blahaj.zone 1 point 11 months ago (3 children)

Home insurance should absolutely NOT be government wrong. That's just government sponsored building in flood zones at that point

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[–] T00l_shed@lemmy.world 10 points 11 months ago

I mean they can stop allowing building in flood zones. Home insurance should not be for profit

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[–] cymbal_king@lemmy.world 1 point 11 months ago (1 child)

Flood insurance largely is only government run, it's far too costly for private companies. The flood insurance program started paying for people to not rebuild

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[–] Fredthefishlord@lemmy.blahaj.zone 1 point 11 months ago

And it's a great example of an incredibly stupid and wasteful government program.

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