• deaf_fish@lemm.ee
      2·
      6 months ago

      Oh sure, it will be hard. But we have done lots of hard things. Maintaining a road system is very expensive. The government has built aircraft carriers. We went to the moon.

      Being hard and expensive has never stopped the government before. It’s just a matter of whether or not we want to do it.

        • afraid_of_zombies@lemmy.world
          33·
          6 months ago

          I fail to see what is confusing. Insurance is a scam. You have it because the government makes you have it. So of course a grifter is going to grift.

          • GreenTacklebox@lemmy.world
            21·
            6 months ago

            Housing insurance how it is is a scam you’re right but the insurance itself is not. If they could operate ethically (they cannot) then everything would be fine.

          • ghterve@lemmy.world
            21·
            6 months ago

            I’m confused because I’m unfamiliar with any governments in the US that require homeowners or renters insurance. The closest I can think of is that FNMA or FMAC backed mortgages would surely require insurance to cover their collateral, but the government doesn’t require that you have a mortgage backed by either of those.

            So… what are you talking about with “the government makes you have it”?

            Also, how is it a scam? If you want to insure against a risk, you can choose to purchase an insurance policy against that risk. Sure, the insurer wants to make some profit off of that, but government insurance regulations and competition both help to keep that profit in check a bit…