Quote:
Originally Posted by Fuzz
Wouldn't insurance cover property damage? It's baffling to me people are told to go out and protect their property with deadly force. It's just stuff. Were they actually told by government's to go do that?
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Insurance in the USA generally offers poor coverage and is very expensive. On top of that you're looking at potentially years between a claim and actual payouts. Many businesses are going to be already operating on the edge already, following the pandemic, and deductibles and increases in rates may do them in. Businesses also rely on continued customer flow, so even if insurance covers everything, the customers don't just magically reappear once a business has been down for several months. You might then have to deal with relocation, increased lease payments at the new location, etc...
I'd say it's more than just "stuff". It's potentially a person's life work, or even many generations of a family's work.
https://www.forbes.com/sites/zengern...h=326b4d3c59d1