Insurers force change on police departments long resistant to it

[Terrywoodenpic]

Here, it makes sense for a lender to require
that a borrower be properly insured. This
protects both parties in case of a big loss that
the borrower cannot otherwise recover from.

If government made it illegal to require insurance,
this would increase the lender's risk & costs,
thereby causing rates to increase.

Lenders can insist that you have insurance. but you do not have to buy it from them.
This keeps it competitive and the conditions less onerous.

 

[Revoltingest]

LOL you are suggestion I'm taking a liberal stance. That's rich.

 

[Revoltingest]

Lenders can insist that you have insurance. but you do not have to buy it from them.
This keeps it competitive and the conditions less onerous.

I agree.
In real estate here, "steering" is illegal.

 

[PureX]

The downside here is that the insurance companies are not doing this to improve policing or to save lives. They are doing it for their own profit margins. Pay-ins are profits, pay-outs are losses. They want more pay-ins and less pay-outs. Always. It's not like capitalism gives a crap about cops raping, robbing, beating, and killing people.

 

[Truth in love]

Well it’s flat out wrong.

 

[Revoltingest]

Well it’s flat out wrong.

Hence the gif I offered.