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Insurance companies after the 2024 hurricane season...

Posted by Bellybutton_fluffjar@reddit | collapse | View on Reddit | 18 comments

Insurance companies after the 2024 hurricane season...

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18 Comments

jamesegattis@reddit

There will be insured zones and uninsured zones. Will force people into smaller and smaller areas. Cities will get bigger. The countryside will be for vagrants who can just rebuild another shack out of garbage. Fine with me, ill have my mountain treehouse and beach shack.
View on Reddit #27941069

chaylar@reddit

No. They'll have money. In terms of payouts, no one is eligible, because uhh... because arbitrary reason we just made up. Oh, you want to speak to a representative, hold please, *hangs up*. Oh? Our automated service line keeps hanging up on you? Shucks, well we'll have to look into that. *hangs up*
View on Reddit #27681877

justprettymuchdone@reddit

Sorry, we can only look into that if you come into one of our offices in person. Oh, the nearest one to you is three hours away.
View on Reddit #27849458

Professional_Nail365@reddit

Once the re-insurers go down it's game over
View on Reddit #27653760

houseofrepresentin@reddit

Once the reinsurers go down, they’ll get “bailed out” by the central bankers. Some time after that, the consensus trance that monetization/deficits “don’t matter” will dissipate, and then everyone will be fucked at approximately the same time.
View on Reddit #27681832

Ok_Treat_7288@reddit

Exactly. This is a system that sees much more clearly than it appears to see. The goal is to kick the can as far down the road as possible. Do you think the minds that milk our systems worldwide are so blind that they don't see what we see? They know what's coming, and they will milk it until it collapses, then start over.
View on Reddit #27755129

Bellybutton_fluffjar@reddit (OP)

It'll be a huge kick in the nuts of capitalism.
View on Reddit #27654551

MiltensFrisur@reddit

No. They will just blame the migrants.
View on Reddit #27663067

PintLasher@reddit

I just wonder if insurance companies have dividends that they pay out. Maybe they should cut down on avocado toast
View on Reddit #27657019

_keniz@reddit

and tornado season….(i live in the nebraska/iowa area)
View on Reddit #27741621

MinimumBuy1601@reddit

Hurricane Andrew was the canary in the coal mine when it came to the reserves of the insurance companies-as in they weren't capitalized then and they sure as hell aren't now. I expect a lot of the folks that got kicked off Citizens to these smaller insurance companies are going to be surprised when the next major hurricane hits Florida and they go tits up.
View on Reddit #27690647

AbominableGoMan@reddit

Life hack: Don't pay out. Oh wait, they know that one.
View on Reddit #27686824

Bellybutton_fluffjar@reddit (OP)

SS. The Atlantic ocean is building up some serious find out energy like a gym bro on extra testosterone who's just done a line of coke and saw someone fucking around with his lifted truck. 95% of the insurance companies know what's up. Those that are still offering policies may not be around very long. (Just like meemaw and pop pops beachfront condo they just spunked their retirement funds on). Oh wait, no Florida has banned climate change so don't worry babes. Turns out it was just some trans gay soyboys who made it all up.
View on Reddit #27652442

mehi2000@reddit

I'm more excited about the inner turmoil many will undergo for saying "God punishes the wicked" their whole lives.
View on Reddit #27655665

xXXxRMxXXx@reddit

... Are we the baddies?
View on Reddit #27686632

visualzinc@reddit

"Oh uh, sorry guys - we gave all that money to our shareholders, lol. Were we meant to hold on to it for... insurance purposes or something?"
View on Reddit #27676859

GuillotineComeBacks@reddit

Huh, you think they won't use some dark mechanism to block reimbursement or they won't get bailed out? I trust them to avoid any speck of responsibility in time of crisis.
View on Reddit #27670853

StatementBot@reddit

The following submission statement was provided by /u/Bellybutton_fluffjar: --- SS. The Atlantic ocean is building up some serious find out energy like a gym bro on extra testosterone who's just done a line of coke and saw someone fucking around with his lifted truck. 95% of the insurance companies know what's up. Those that are still offering policies may not be around very long. (Just like meemaw and pop pops beachfront condo they just spunked their retirement funds on). Oh wait, no Florida has banned climate change so don't worry babes. Turns out it was just some trans gay soyboys who made it all up. --- Please reply to OP's comment here: https://old.reddit.com/r/collapse/comments/1d5169q/insurance_companies_after_the_2024_hurricane/l6i8gnz/
View on Reddit #27654143