what about houses and communities in DeBaliviere Place were adequately insured and yet are not seeing any progress? whom would you blame?whitherSTL wrote: ↑3:21 PM - 1 day agoThis is a BIG TIME article. It gets to the crux of the issue regarding non-insured homes. The state knew that those 4 zip codes had many homes non-insured. Is the state at fault for not enforcing?
Or, are the residents at fault for trying to get by without homeowners insurance?
Great article.
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Insurance companies. They slow play like mfers these days. I see the tarps on rooftops around FoPo.
jtlq53 wrote: ↑7:20 PM - 1 day agoRight, and many of these houses were passed down through poverty-stricken conditions with the owners themselves, not to mention decreasing home values/divestment all around them. The state could've intervened, even on a small scale, if they gave half a you know what
I say this out of pure curiosity, what would a practical state government intervention have looked like?
Breaking: Private for-profit insurance is terrible.
https://www.reddit.com/r/StLouis/s/nLEb0kDnF0
This Reddit thread is a pretty good indicator as to how unbelievably delusional and removed from reality the prevailing view on this topic is. The view is closer to that of NeutronMonster than to that of one where we see the inherent flaws of the "system" we have designed.
The reality is that disaster insurance, just like most insurance, should not exist. Disaster insurance, particlarly for residential buildings, should be provided by the state or federal government. Disagreeing with this view is just objectively wrong, as seen by how many people's lives were ruined or significanly impacted for the long term, seemingly regardless of their status as insured or not. It's evil and we have now seen it first hand.
This is seemingly the only pathway, maybe you can write a law that more strictly requires insurance companies to payout or uses an arbiter or maybe you could make Missouri's FAIR program more known. But those also have flaws that a government insurance program wouldn't.
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https://www.reddit.com/r/StLouis/s/nLEb0kDnF0
This Reddit thread is a pretty good indicator as to how unbelievably delusional and removed from reality the prevailing view on this topic is. The view is closer to that of NeutronMonster than to that of one where we see the inherent flaws of the "system" we have designed.
The reality is that disaster insurance, just like most insurance, should not exist. Disaster insurance, particlarly for residential buildings, should be provided by the state or federal government. Disagreeing with this view is just objectively wrong, as seen by how many people's lives were ruined or significanly impacted for the long term, seemingly regardless of their status as insured or not. It's evil and we have now seen it first hand.
This is seemingly the only pathway, maybe you can write a law that more strictly requires insurance companies to payout or uses an arbiter or maybe you could make Missouri's FAIR program more known. But those also have flaws that a government insurance program wouldn't.
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That's a multi-million dollar question (which the state doesn't have currently) but my takeaway from the article would be that at the VERY least they could've published a report similar to what they did in 2015 re: earthquakes.whitherSTL wrote: ↑8:17 PM - 1 day agojtlq53 wrote: ↑7:20 PM - 1 day agoRight, and many of these houses were passed down through poverty-stricken conditions with the owners themselves, not to mention decreasing home values/divestment all around them. The state could've intervened, even on a small scale, if they gave half a you know what
I say this out of pure curiosity, what would a practical state government intervention have looked like?
I don't say this as someone who thinks this is all race-specific (I know SE MO's demographics are not homogenous). That said, there didn't seem much urgency to deal with this in any form or fashion.