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Naive question, but why not raise taxes in hazardous areas, and use that money for a state-run insurance?
by manmal 2y ago
Naive question, but why not raise taxes in hazardous areas, and use that money for a state-run insurance?
- cbracketdash 2y agoNaive answer, but I think this exists and is called the FAIR plan. See here: https://stateline.org/2025/01/16/california-fires-show-states-last-resort-insurance-plans-could-be-overwhelmed/ https://stateline.org/2025/01/16/california-fires-show-state...
- manmal 2y agoThat one doesn’t discriminate by location I think?