4 ms·

Uh, lack of insurers willing to backstop this kind of nonsense: https://news.ycombinator.com/item?id=20276631 https://news.ycombinator.com/item?id=20276631

• ximeng 6y ago
  Interestingly the article linked to states that the company in question started providing relevant insurance in response to this case. So appears what you are saying is not entirely correct. https://blog.kitsplit.com/announcing-kitsplit-theft-protection-owner-guarantee/ https://blog.kitsplit.com/announcing-kitsplit-theft-protecti...
  • derwiki 6y ago
    They self-insured; different than finding an existing insurance house that would cover it.
    • ximeng 6y ago
      Also makes sense as they are in the best position to estimate the risk.