The cost of insurance goes up when you use it. It even goes up when others use it because the companies have established that the risk is higher. This is why some insurance companies like fraud, because they get to charge everyone higher rates.
There's also the broken window effect. Much of the problems that we have can be seen in a similar way. When things aren't treated with respect and kept in good condition, it only invites worse behavior. The institutions, constitution and culture were allowed to rot and fester with corruption, and so here we are.
Next step will be to ban racist higher insurance rates just because an area has a tendency to burn down during racial reckonings which will force everyone else to subsidize their destruction.
The cost of insurance goes up when you use it. It even goes up when others use it because the companies have established that the risk is higher. This is why some insurance companies like fraud, because they get to charge everyone higher rates.
There's also the broken window effect. Much of the problems that we have can be seen in a similar way. When things aren't treated with respect and kept in good condition, it only invites worse behavior. The institutions, constitution and culture were allowed to rot and fester with corruption, and so here we are.
Next step will be to ban racist higher insurance rates just because an area has a tendency to burn down during racial reckonings which will force everyone else to subsidize their destruction.