4 ms·

The name for that phenomena is "moral hazard".

• sandworm101 7y ago
  Or "deregulation". The fire hazard thing is due to consistent efforts to "develop" land into rural mcmansions for rich retired people. Why should taxes go to defend retirement mansions knowingly built in fire zones? Or on a beach? (rising water levels etc). Fire insurance covers damage, not the cost of firefighters, and we cannot ask firefighters to just let everything burn. That isn't safe (idiots don't evacuate) humane (pets) or even healthy (pollution).