Well, they are stupid. Stupid and short sighted. Insurance companies won't cover retail stores if this becomes the norm. Now a store gets looted and the owner can't afford to replace the product, the store closes and goes under. Now you have job loss and ruined infrastructure and real estate no one wants to move into. These are literally children who think like this.
Exactly.
No insurance coverage, or excessive insurance premiums, means impossible to do business.
No big business, means ethnic local stores, bootstrapped and unmaintained, will be there to feed them. And amazon to deliver shoes, clothes and electronics.
I’m an insurance agent and you’re right. Civil unrest is covered by my company’s commercial properties but other companies may not. While some of the larger corporations like BestBuy might be able to write off these losses, the small time stores might not have that luxury. Calling looting “reparations” is a goddamn joke and they’re sure as shit not stealing bread.
that is supposedly what insurance does. and, sometimes it works that way. but, go talk to any restaurant that filed a claim for business interruption insurance citing covid as the basis of their claim.
anyone that files a "looting" claim is likely to be denied. if they are not denied, their rates will be going up, significantly.
Yes, and those businesses will be too expensive to insure in those neighborhoods. Enjoy the long drive for EVERYTHING from now on, and don’t come to the rest of us for money to invest in your shithole community anymore.
Welcome to Detroit, home of the liquor bunker! I've never seen so many flavors of chips and Faygo before. I hope you don't want anything nutritious to eat, because that'll take an hour round trip.
Just out of curiosity, given the left's excuse about insurance covering all the damage so it's okay to burn and loot stories, is there any actual evidence that the BLM rioters and looters actually checked to make sure their targets really did have insurance? Or did they just assume it?
I mean conceivably they could use insurance as an excuse, they'd be wrong but it would imply that they did actually take care to only hurt business that could recover, but to use that excuse, don't they have to first establish that the businesses that they destroy have insurance?
Even then that's a horrible idea. ( Lol which of their ideas is good and thought out ). Insurance claims hurt everybody that buys insurance. Rates will go up across the board with more claims and rates in the affected areas will skyrocket.
If looting is reparations, then wouldn't 155 years of black crime more than suffice to pay off any debt incurred by slavery? The lowest estimate of the annual cost of crime in the United States is $690 billion, and blacks account for 37.6 percent of all robberies and burglaries, so if BLM is to be taken seriously, then reparations to US blacks are being paid at an annual rate of $259.4 billion.
Reparations have already been paid. We call it welfare.
Their next argument will be that it's not because more than black people are eligible. The response being blacks weren't the only slaves. It usually devolves into it not being enough money after that.
This is just the beginning. Unfortunately.
Unless the voters wise up and create anti-democratic party electoral landslide.
If not, God help America.
How stupid one needs to be to say that insurance pays. Insurance merely spreads out anticipated risks into monthly business insurance payments.
Well, they are stupid. Stupid and short sighted. Insurance companies won't cover retail stores if this becomes the norm. Now a store gets looted and the owner can't afford to replace the product, the store closes and goes under. Now you have job loss and ruined infrastructure and real estate no one wants to move into. These are literally children who think like this.
Exactly. No insurance coverage, or excessive insurance premiums, means impossible to do business.
No big business, means ethnic local stores, bootstrapped and unmaintained, will be there to feed them. And amazon to deliver shoes, clothes and electronics.
This has been going on for years.
Insurance generally does not cover rioting and civil unrest so don’t expect these stores to be reimbursed
I’m an insurance agent and you’re right. Civil unrest is covered by my company’s commercial properties but other companies may not. While some of the larger corporations like BestBuy might be able to write off these losses, the small time stores might not have that luxury. Calling looting “reparations” is a goddamn joke and they’re sure as shit not stealing bread.
that is supposedly what insurance does. and, sometimes it works that way. but, go talk to any restaurant that filed a claim for business interruption insurance citing covid as the basis of their claim.
anyone that files a "looting" claim is likely to be denied. if they are not denied, their rates will be going up, significantly.
Yes, and those businesses will be too expensive to insure in those neighborhoods. Enjoy the long drive for EVERYTHING from now on, and don’t come to the rest of us for money to invest in your shithole community anymore.
Lol, it already takes 45 minutes to drive a mile
Welcome to Detroit, home of the liquor bunker! I've never seen so many flavors of chips and Faygo before. I hope you don't want anything nutritious to eat, because that'll take an hour round trip.
I've never heard of Faygo, is it sort of like Shasta?
It's the official drink of The Insane Clown Posse!
Better Made Snacks has 124 variations and flavors. Rap Snacks is hot on their tail though.
OMG I was thinking that's where it was from. I wasn't sure. I thought it was an ICP slang thing not a real thing.
The business owners complaining on reddit about getting looted got banned. They're not supporting it.
I don't think they're okay with it. They're just attempting to appease. It doesn't work, but some have to learn the hard way.
These businesses won't hang around forever.
People of Chicago need to end this crap. It’s up to you
They won't.
Just out of curiosity, given the left's excuse about insurance covering all the damage so it's okay to burn and loot stories, is there any actual evidence that the BLM rioters and looters actually checked to make sure their targets really did have insurance? Or did they just assume it?
I mean conceivably they could use insurance as an excuse, they'd be wrong but it would imply that they did actually take care to only hurt business that could recover, but to use that excuse, don't they have to first establish that the businesses that they destroy have insurance?
Even then that's a horrible idea. ( Lol which of their ideas is good and thought out ). Insurance claims hurt everybody that buys insurance. Rates will go up across the board with more claims and rates in the affected areas will skyrocket.
This will only end badly for them.
"this is reparations" ok deal. now shut the fuck up forever as agreed. ok great.
So much for the "The rioters don't speak for BLM and BLM don't speak for the rioters" bullshit huh?
Of course we all knew that was a crock.
That's some high quality mental retardation.
Ugh. The insurance companies won't pay up forever. Those businesses are going to pack up and leave, taking all their TVs and jobs with them.
There were less than 100 people there. Blacks don't seem to care much about BLM anymore. What's up with that?
If looting is reparations, then wouldn't 155 years of black crime more than suffice to pay off any debt incurred by slavery? The lowest estimate of the annual cost of crime in the United States is $690 billion, and blacks account for 37.6 percent of all robberies and burglaries, so if BLM is to be taken seriously, then reparations to US blacks are being paid at an annual rate of $259.4 billion.
-attributing to VD
80 fucking years of welfare and food stamps, free college and even cell phones...yeah we’re square.
Welp folks they have their 'reparations' they can call it done now.
What an argument - I steal Gucci for food.
Guess we need to add them to EBT approved list.
Luckily, insurance is free.
I guess that means if we’re hungry and loot these asshats of their loot it’s ok cause they might have insurance
That's actually insurance fraud.
Reparations have already been paid. We call it welfare.
Their next argument will be that it's not because more than black people are eligible. The response being blacks weren't the only slaves. It usually devolves into it not being enough money after that.