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re: And it's only getting worse, multiple carriers left La on 1-1-2024
Posted on 2/3/24 at 8:05 pm to meansonny
Posted on 2/3/24 at 8:05 pm to meansonny
I'm definitely at that point with all state. What's the point of being loyal to them when you're going to cause my mortgage to jump up $600 a month on me. How is it a bunch of messageboard posters see the housing crisis brewing and the government just keeps doing what they always do?
1
Posted on 2/3/24 at 8:21 pm to jmarto1
quote:
How is it a bunch of messageboard posters see the housing crisis brewing and the government just keeps doing what they always do?
Short of direct subsidization of the industry, what’s the solution? Serious question.
I have no love lost for insurers, but I expect them to be allowed to turn a profit too.
It’s always going to be risk + profit margin, meaning unless you change the risk costs, you’re fricked.
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