Hurricane Helene could cost $200 billion. Nobody knows where the money will come from.
grist.org
The estimated costs of Hurricane Helene have more than doubled since it made landfall. Almost none are covered by insurance.
  • itsonlygeorge@reddthat.com
    0·
    1 month ago

    And yet people still keep building houses in flood plains. Not to mention Florida.

    Insurance companies have always ha the same scam, they’ll happily take your money and pay you $0. That’s the whole point of insurance companies, They use your money for investments and refused to pay out unless you take them to court.