Quote:
Originally Posted by GGG
When insurance companies cancel Fire insurance because of high risk you need to completely revamp how you protect yourself from Fire.
The answer to stopping fires is not climate stopping climate change. That solution is a hundred years away from making an impact. The change is baked in.
Better building codes applied retroactively with forced upgrades need to happen. Building losses like this from fire are preventable. We chose to let houses burn down because we don’t like the cost of stopping it.
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Wouldn't that be political suicide, making things more expensive? It's not the governments that are on the hook, it's either us or insurance.
Let's take something more natural and more local. HAIL.
If it hailed 5x as often as it does now in Calgary and insurance companies not longer included hail as insurable. Now what?