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To: kearnyirish2
I couldn’t imagine how statisticians could arrive at rates for this; it is different than insuring a property with a set replacement value. The loss could be massive.

These policies, at least those I'm aware of, have fixed benefit levels both for legal fees and civil judgements. Like property or more comparable liability insurance. The companies liability isn't unlimited, and statistics of violent incidents exist. And yes, I'd presume if the current climate of left wing violence continues rates might go up. In the short term, the expanding base of potential customers might limit that.

31 posted on 10/09/2020 7:22:40 AM PDT by SJackson (Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself, M Twaini)
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To: SJackson

Yes, the question is the likelihood of a claim (absent law enforcement). Fire insurance depends on things like proximity of hydrants and whether your fire department is paid or volunteer; I’d think this poses similar risks.


34 posted on 10/09/2020 2:54:52 PM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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