Completely. The insurance industry sneaks under the radar with what a scam they are. There is a reason every third commercial on TV is for insurance. They are the big pharma of finance.
What happens to home prices when they can’t get insured?
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We are gonna find out. The insurance market is breaking.
California and Florida home insurance is already showing cracks. Fires and hurricanes are getting expensive
It’s everywhere. It’s because they never planned on paying out on any of it. Sounds a lot like some other scam in some other industry that I can’t quite put my finger on.