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[–] ryathal@sh.itjust.works 26 points 11 months ago (7 children)

Insurance is about compensation for loss, and that's it. It's not their job to keep your house safe, that's still on you. It's their job to give you money if something happens beyond your control. Now that you mentioned that other branch, you should probably take care of it, if it falls they could deny your claim since you were negligent in preventing a known risk.

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[–] UnderpantsWeevil@lemmy.world 10 points 11 months ago* (5 children)

Insurance is about compensation for loss, and that’s it.

That's certainly not true of medical insurance. Preventative care is part of the whole package. In fact, certain preventative care is encouraged. Health insurance companies are more than happy to pay for UTIs, for instance, because they're so much cheaper than pregnancies.

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[–] rhymeswithduck@sh.itjust.works 10 points 11 months ago (2 children)

Did you mean IUDs? Can't get preggo from a UTI...

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[–] UnderpantsWeevil@lemmy.world 5 points 11 months ago

Did you mean IUDs?

... yes.

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[–] village604@adultswim.fan 1 point 11 months ago

Although UTIs can sterilize you.

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[–] ryathal@sh.itjust.works 6 points 11 months ago

Medical has been warped into a Frankenstein product that is partially insurance, discount club, and prepayment system.

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[–] driving_crooner@lemmy.eco.br 3 points 11 months ago* (last edited 11 months ago)

That's only in countries with sane health insurance. In America quarter profit seeking insurance, preventive care is a short term loss and therefore not paid, even when they affect long term profits.

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[–] faintwhenfree@lemmus.org 3 points 11 months ago

Insurance provider in my area has premium discounts if I do certain things. If I get my boilers checked and serviced, it reduces my premium next year. And cases as dead branch falling, they have a form that I can fill up to send for review, however in reality they will wait for the annual home inspection before renewal to asses threat, but they would pay for dead branch to be removed.

A bloke down my street had a tree growing too close to electrical wire and he kept complaining to the electric company to trim the tree or risk a fire to no avail. Then he told this to the insurance and they sent a strongly worded letter prompting electrical company to fix it in 2 days.

Also I have some experience with flood risk underwriting in Malaysia, we'd pay to have Strom drains cleaned, and fix some supports for buildings who we'd deem flood prone, because fixing those would be a 1-2% cost of replacing the entire house.

Point being insurance providers definitely can and do spend money on preventative care. I guess US very strongly doesn't believe in that.

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[–] lightnsfw@reddthat.com 4 points 11 months ago

They'll make those thousands back when they raise your rates.

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[–] calcopiritus@lemmy.world 3 points 11 months ago

Theoretically speaking. They should've just raised your rates. Since your house is at higher risk than they thought. But should offer a rate decrease if you maintain your surrounding trees.

Unless that information doesn't change how risky they think your house is, therefore theoretically "correct" thing to do is what they did, nothing.

They are insurance companies. They basically bet that you'll be lucky. They don't want to lower the risk. Paying insurance companies is what you do when you want to lower the risk, and that would cut into their margins.

And yes, there are insurance companies for insurance companies.