Friday, January 14, 2011

New Zealand Earthquake Insurance Money Down a Black Hole


I find the concept interesting.  What if everybody just takes the money and never repairs anything?  It's not like regular fire insurance where they rebuild your house.  This is a government thing!  I can now imagine 4 billion dollars going there..... and nothing!  Of course, for those defenders of NZ insurance morality, there is no proof yet.   :)

No comments: