Leftists love destroying things. Most notably when during the “Summer of Love” Whole blocks of businesses were razed in multiple cities during those “mostly peaceful” riots over a convicted felon and guy who liked beating up pregnant women.
When presented with the damage, the Leftists flippantly said, “Eh, so what? They have insurance and can rebuild.” Then came the stories like “Businesses Trying to Rebound After Unrest Face a Challenge: Not Enough Insurance," where many small, independent mom-and-pop shops didn’t have enough insurance to clean up the rubble from the lot where their store once stood, let alone reconstruct the building, restock it with product and displays, and put food on their table while they work to rebuild.
And what happens when the insurance companies just up and leave?
This has happened, especially in places like Oakland, where thanks to criminals not being arrested, let alone punished for their crimes. Insurance is a bet not unlike a casino, where you make a bet with the insurance company that “this” will happen. If “this” happens, you get paid, otherwise the house/insurance company keeps the money.
Casinos and insurance companies refuse to take the bet when “this” is almost a certainty of happening and they have to pay out.
Comes this article, San Francisco business owner fed up as store ransacked for a 4th time.
Remember, when dealing with insurance, sure the premiums are low, however once you make a claim, those premiums go up. If you make a second claim, the rates go up even more, if they don’t drop your policy altogether.
Which is what happened to the owner in the story.
There's no insurance. State Farm has completely kicked us out because they call the state of California a hot spot," Bashir said. "I don't blame them because they're here for business, not to just continue to give you money. So, there's chaos going on here (and) they cancelled everybody's policy. They won't give insurance because they know the outcome.
To add insult to injury, the City of Oakland is citing the owner and threatening fines, because he isn’t cleaning up the damage fast enough. Never mind the owner has no money because no income, any cash he had was stolen, and he has to come up with cash or credit to repair the damage and replace the stolen stock, damaged fixtures, etc.
This is what happens when Leftists run things.