You'd think so, but I suspect some insurance lobbyists took care of that long ago and made it mandatory. I would actually be surprised if you could build anything in a metropolitan city without greasing ALL of the palms, and that includes the insurers.
That doesn't seem to be the case from people I have talked to. But I imagine new insurance contracts will be that way in these cities going forward.
The bar I go to in my town got ransacked, and they claim insurance is covering the costs. Same with other business owners I know. They tell their employees to ditch the shop if it gets dicey because insurance will handle it.
What amazes me is that any insurance company would insure rebuilding over the past number of months, knowing the Chauvin trial was coming up.
Civil unrest and riot is almost always excluded from insurance.
Insurance won't have to pay out shit
Are you allowed to build without insurance?
If so, whomever is spending money to do any rebuilding is a moron.
Seems like you could if you're paying cash. Like how you don't NEED homeowners insurance after the mortgage is paid off.
You'd think so, but I suspect some insurance lobbyists took care of that long ago and made it mandatory. I would actually be surprised if you could build anything in a metropolitan city without greasing ALL of the palms, and that includes the insurers.
That doesn't seem to be the case from people I have talked to. But I imagine new insurance contracts will be that way in these cities going forward.
The bar I go to in my town got ransacked, and they claim insurance is covering the costs. Same with other business owners I know. They tell their employees to ditch the shop if it gets dicey because insurance will handle it.