Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (15) |
Author: Baltassar   😊 😞
Number: of 15053 
Subject: Re: More on Repealing the Laws of Economics
Date: 06/20/2025 2:49 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
pay a fair price based on the actuarial probability that their house will have to be replaced in a relatively short period of time.

I couldn't agree more. But one shouldn't overrate the actuarial rationality of insurance companies. A number of them, including mine (a well-known national brand), seem to have decided to stop doing business in California, regardless of relevant local conditions. My homeowners insurance (thirty years without a claim) was cancelled without recourse because the slate roof was dirty (!). There are other companies who do want my business; but not as many as there should be.

Baltassar

PS: The whole "clean the roof" thing was news to me. Turns out there are businesses who do nothing else. If I had been told I couldn't renew my policy if I didn't get my roof cleaned, I would have had no problem with that.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (15) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds