this post was submitted on 26 Jul 2024
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submitted 4 months ago* (last edited 4 months ago) by Varven@lemmy.world to c/asklemmy@lemmy.ml
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[โ€“] swordgeek@lemmy.ca 65 points 4 months ago (2 children)
[โ€“] Bytemeister@lemmy.world 6 points 4 months ago (2 children)
[โ€“] swordgeek@lemmy.ca 1 points 3 months ago

I'd qualify that as for-profit mandatory insurance.

Canpt get a mortgage without home insurance. Canpt drive a vehicle without at least liability. Those rates should be strictly government regulated to be sustainable and non-profit.

But if you want to insure your collection if priceless Whitworth wrenches, well maybe I care a bit (Just a bit!) less about insurance gouging.

[โ€“] No_Ones_Slick_Like_Gaston@lemmy.world 1 points 4 months ago* (last edited 4 months ago)

Not sure Rick when one can insure a hole in one is just a business decision.

But I get it health housing and catastrophic losses could be better monitored and regulated.

[โ€“] MadBob@feddit.nl 6 points 4 months ago

I'd go further and ringfence all the basic needs so that you can't profit from providing them, just make enough to live off if needs be.