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Home»Opinions»Letters to the Editor: Is it proper for insurance coverage firms to cost extra for others’ losses?
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Letters to the Editor: Is it proper for insurance coverage firms to cost extra for others’ losses?

DaneBy DaneMay 16, 2025Updated:May 16, 2025No Comments2 Mins Read
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Letters to the Editor: Is it proper for insurance coverage firms to cost extra for others’ losses?
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To the editor: Let’s speak about householders’ insurance coverage (“Insurers search to surcharge California householders for L.A. County hearth prices,” Might 13). Most of us householders determine to basically wager that we’d have a fireplace, theft or different occasion at our dwelling. So we insure our dwelling.

When an occasion occurs, the insurance coverage firm, in essence, loses the wager. If no occasions occur, the insurance coverage firms win and revel in a few years of premium funds. In regular betting, if you lose, you don’t ask the opposite profitable bettors to chip in to pay on your loss. So why is it authorized for insurance coverage firms to ask householders which have paid for years with no declare to pay for others’ losses? Looks like insurance coverage firms have a win-win enterprise, not less than for his or her stockholders.

Cheryl Shrock, Tustin

..

To the editor: Right here is one home-owner who hopes {that a} charge enhance is accredited for all insured householders in California. The concept of insurance coverage is to have an ample pool of cash to pay claims. With the probability of extra fires in populated areas, all should pay their justifiable share in order that the few that suffer a loss are coated. One other profit of upper premiums can be to drive individuals to take local weather change critically.

Robert Paris, Grenada Hills

..

To the editor: No one will ever persuade me why I ought to pay for the shortage of duty by our metropolis officers, who permit properties to be inbuilt hearth areas, or for these householders missing frequent sense in selecting to stay in a harmful hillside space. It doesn’t take a genius to know that it is rather, very doable for a fireplace to happen within the hillsides of Los Angeles. There’s loads of historical past.

Dave Simon, North Hollywood

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