Some U.S. states deemed too expensive to insure. Is Canada next?

28 Comments

1. This is BS. We've payed these companies for DECADES and now they just get to up and run? We want our money back

2. Hurricane-prane lol

3. Of course insurance companies want to keep the money in their pocket than hand it out. It's all a big scam. Plus most insurance probably have an act of God clause so they don't have to pay out on damage from natural events. Lol what a scam. Your better off saving your own money for that rainy day.

4. Also people should rake responsibility when they build/buy housing in high risk areas.
   For example l, Want to live next to the river but be ready to be flooded from time to time…

5. amazing how insurance companies just want money for free and never want to pay put 😂 amazing.

6. Here's what we know for sure: Joe Biden farted on the Queen. What we don't know is why.

7. Eventually they'll refuse anybody not tied to THE SYSTEM.

   So, if one is a major conglomerate insurance will not be an issue.

   If one is a small unit farmer and climate change(the catch-all for refusal) you will be denied insurance or the cost will be too prohibitive.

   Wait till they jack the insurance on gas powered vehicles(which is also coming).

8. AKA: "Your properties are overpriced, and your possible insurance payout would put us underwater, So we're takin' the money and runnin'!"

9. if you think capitalism will save you from environmental collapse, you are doomed

10. Don’t buy properties on a low lying coastline, or a flood plain. That’s lesson 1. I would be wary about buying in areas of Canada drying out due to global warming. Unfortunately that’s a huge swath of forested area.

11. In NSW Aust I pay home insurance and 1/3 funds the state fire service like rural and town fire fighters. Councils also fund 11percent from rate payers. People that have no insurance still get the same service. It should be a property tax

12. Decommodification of housing is imperative.

13. People will migrate north as those places become habitable. Not great but the worst part is that it will probably mostly be Americans as we become annexed.

14. Maybe DeSantis will build a wall to keep the hurricanes out. 😂

15. Oh canaDuh….

16. The biggest scam in our survival is insurance!

17. Banks won’t approve mortgages w/o insurance.

18. @Futura 💋
    Clic canal.
    Jugar lista: "Corrupto Amerikkka…"

19. Weather events are getting more extreme because of Climate Change.
    How extreme does the weather have to get before governments and corporations wake up and stop adding more fossil fuels to the climate fire.
    There is a Climate Crisis. We need Climate Action NOW !

20. Climate Change and rising sea levels will make coastal properties and low lying areas impossible to sell or insure.
    Banks and insurance companies will not want to take the risk in the future.
    People will not be able to sell coastal properties if no one can get a loan or insurance.
    Migration will move people away from coastal and low lying areas.
    Covid deniers and climate change deniers are the same. Both do not believe in science and experts.
    People are selfish and don't want to be bothered with restrictions.
    The cost to the economy and individuals will be huge.We need Climate Action NOW.

21. You know insurance is a scam when they don't offer their "services" to places that actually need it due to a risk of natural disaster.

22. The government mandated Ponzi schemes aren't promising to be the same level of gravy train.

23. Had to happen, they can’t afford to pay this kind of money out anymore.

24. You will own nothing and be happy.

    Blackrock will buy house.

25. The government funded media trying to scare Canadians lol

26. So people can’t afford or even get insurance or a mortgage,cost of home ownership will become too expensive and people will lose their homes and get herded into ‘ 15 minute smart cities’. Farms will be taken out of production for the “green agenda”. Food will become unaffordable (except for bugs of course) . Central bank digital currency can be ushered in and utilized for universal basic income to meet your basic approved needs. Looks like everything is going according to plan for Klaus Schwab. You will own nothing and you will be happy, right on schedule.🤦🏼‍♀️

27. Time to get legislation passed, so they can’t dodge paying out claims when they’ve been hauling in profits through premiums.

28. Next up, more fear mongering from the Trudeau funded media.

Comments are closed.