"'Reparations' are OK, they are insured" - Business owners find out insurance covers squat

Discussion in 'Politics' started by gwb-trading, Sep 1, 2020.

  1. gwb-trading

    gwb-trading

    Minneapolis Business Owners Stunned After Discovering Insurance Won’t Be Enough To Cover Cost Of Cleanup After Riots
    https://dailycaller.com/2020/08/31/minneapolis-riots-businesses-fire-insurance-cost/

    Business owners in Minneapolis are scrounging for answers after discovering that insurance money will not be enough to cover clean-up costs after rioters ransacked neighborhoods and hollowed out storefronts, according to a report published Monday.

    Owners are being asked to fork over between $100,000 than $300,000 for construction companies to demolish and eventually haul away buildings that were all-but destroyed after the May riots, the Star Tribune reported. They are shocked and increasingly desperate, as most insurance policies cover only $25,000 in demolition costs, the report noted.

    “We were really upset about that,” Jay Kim, a property owner in the city, told the Star Tribune. “We thought that was high. But we didn’t know how much demolition would cost at the time.” Kim’s insurance policy only covers $25,000 for the cost of flattening what remains of his business so he can rebuild, the report noted.

    Rioters and looters began destroying sections of the city shortly after the death of George Floyd, a black man who died in May after a police officer kneeled on his neck for several minutes, video of the incident shows.

    (More at above url)
     
  2. Cuddles

    Cuddles

    Strong case to remove tax cuts and further regulation of the insurance industry
     
  3. Amazing... what is tolerated for the sake of politics.
     
  4. Blacks already have reparations. Welfare, food stamps, healthcare, affirmative action, cops tread lightly in black neighborhoods, people have to be ultra sensative around blacks.
    Just to name a few.
     
  5. Tsing Tao

    Tsing Tao

    I'm surprised insurance covers anything. Insurrection/Uprising is normally Force Majure and not covered.
     
  6. Tsing Tao

    Tsing Tao

    Right, so then the government has to become the only game in town - like Flood Insurance. Spoken like a true Socialist!
     
  7. gwb-trading

    gwb-trading

    Yes... that is my understanding of many insurance policies as well.

    Business owners in Raleigh (some who I know directly) are finding that their business insurance policies are only covering a portion of their losses -- because there are limits on everything from goods, fixtures, plate glass windows, etc. Many are simply saying "enough of this bullshiat" and are closing.
     
  8. Same old principle.. "Give things to people, and they piss-n-moan that you didn't give them more and even sooner".

    When people have to EARN what they get, they've got nobody to blame but themselves for not achieving.

    The DemoCrap platform has been for a long time.. "give people things they didn't earn so that they will vote for us".... as in LBJ's Great Society legislation. (There is recorded evidence of LBJ commenting after passage, "That will keep niggers voting Democrat for the next 200 years".)

    We now see where that's leading us. :(
     
    Last edited: Sep 1, 2020
  9. Wouldn't it be cheaper for the government and easier on the citizenry if the government just bought truckloads of jeans, liquor and bigscreen tv's and handed them out on the street corner so that looting and burning was not required?

    Just a thought. And I think the dems could agree to it fairly readily.

    Maybe the LOOTERS FOR BIDEN wing of the party can get that worked into the campaign platform.
     
    Scataphagos likes this.
  10. The great thing about America is that anyone who doesnt like it or thinks its racist can easily move to another country.
    Im sure people are moving out of America in droves. Wait, no one is.
     
    #10     Sep 1, 2020