▲ | qeternity 3 months ago | |||||||
Which effectively means that anybody in a less risky area of California is just subsidizing those who live in the risky areas. Premia across the board will increase as a result. Typical California redistribution...but this is from the bottom to the top. | ||||||||
▲ | PaulDavisThe1st 3 months ago | parent [-] | |||||||
> Which effectively means that anybody in a less risky area of California is just subsidizing those who live in the risky areas. Do you not understand that this is precisely how insurance works? | ||||||||
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