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Real story. How are insurace companies sudendly doing so poorly they have to drop customers?

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insurance companies have always opted for dropping customers that are deemed too high risk

the reason its gotten worse is the price of rebuild (materials+labor) and increased risks (fire/flood/storm/ect) have skyrocketed in some areas and some states have rules against raising premiums by xxx% yoy and penalize companies for dropping existing customers without explicit cause

so lately they either just drop entire markets altogether or try to use drones/satellites for reasons to drop customers

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price controls and laws that prevent you from getting out

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Climate change is turning the whole world into a hellscape

:#marseychuddance:

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