Yes
Greater Los Angeles Wildfires
- Thread starter TELL ME YA CHEESIN FAM?
- Start date
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
More before and after slides
shyt is devastating
shyt is devastating
Trojan 24
Veteran
There's probably some endangered rat cousin species living there that will make them say no
Jesus H. Christ
I died for your sins
fukk him. He got a sneak preview of what his afterlife will look like.
Nah. There's a lot of wildlife there that call that home.
Also sets a bad precedent going forward cause where do they stop? You'll then have MAGA/Republicans that are getting lobbied from companies to tear down loads of forests/parks all over California/the USA that could be prime real estate instead of beautiful scenery.
Bigblackted4
Superstar
fukked up that they have to do that because they would try and cancel they shyt
xXMASHERXx
Superstar
Not to mention the impact these things will have on the ecosystem. That's part of the reason why we are in this situation in the first place.
The Government is always late.
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
www.cbsnews.com
BK The Great
Veteran
Reactive instead of proactive and folks defending these clownsThe Government is always late.
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
charknicks
All Star
So in reading that CBS news article about insurance, some quick math:
-Per article, there are about 9,000 homes in the Palisades area
-Average value of homes in that area are about $3.1 million
-Average cost of insurance on the FAIR plan is about $3,200/year (more then double typical rate)
-So that means State Farm (and others) would charge about $1,600/year
-If every homeowner had the FAIR plan, they would only collect $28.8 million/ year (Regular insurer: $14.4 million)
-That $28.8 million/year collected would only cover 9 of the 9,000 homes (Only 4/9000 homes on the regular carriers plans)
So what would insurance companies do? Where are they getting the rest of the money?
-Per article, there are about 9,000 homes in the Palisades area
-Average value of homes in that area are about $3.1 million
-Average cost of insurance on the FAIR plan is about $3,200/year (more then double typical rate)
-So that means State Farm (and others) would charge about $1,600/year
-If every homeowner had the FAIR plan, they would only collect $28.8 million/ year (Regular insurer: $14.4 million)
-That $28.8 million/year collected would only cover 9 of the 9,000 homes (Only 4/9000 homes on the regular carriers plans)
So what would insurance companies do? Where are they getting the rest of the money?