SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (17453)8/18/2009 1:21:08 PM
From: Broken_Clock  Read Replies (1) of 103300
 
I'll give you one, well, two real life major flaw with current insurance company "risk assessment":

Kauai has been hit twice since 1982 with a major hurricane. The Big Island has never, ever been hit with a hurricane(twin peaks of Mauna Kea and Mauna Loa cause the hurricanes to swerve away).

Yet the insurance cos. were successful in lobbying mandatory hurricane coverage for our island(entire state actually) to make up the losses on Kauai. The hurricane coverage is a higher premium than my regular coverage by a factor of 2.

Same thing happened after the Gulf hurricanes in recent times. USAA rose auto insurance rates to the roof.

So why do I have to pay higher auto and home insurance because some choose to live in hurricane alley?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News