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Re:Forest Service officials close all California national fo... by jayd16 on Monday August 30, 2021 @11:31PM (#28363677)
Does the government subsidize fire insurance? I'm always taken aback when I see people rebuilding from a hurricane with subsidized wind and flood insurance. I understand why its nice for those that need it but has perverse incentives.
Re:Forest Service officials close all California national fo... by otterley on Tuesday August 31, 2021 @12:04AM (#28363862)
It does, although indirectly, through municipal fire departments. It's not "insurance" in the strict sense of the word, but it is an abatement mechanism designed to help minimize losses that would otherwise be borne by private insurers.
Re:Forest Service officials close all California national fo... by chrisplotz on Tuesday August 31, 2021 @01:49PM (#28371186)
In California, if you can't get fire insurance through the private market, you generally have access to the FAIR Plan (https://www.cfpnet.com/about-fair-plan/). As the about page points out, it's not taxpayer funded - instead, companies writing home insurance in the state are required to contribute towards a share of risk in the plan.