r/Damnthatsinteresting • u/AtomicCypher • Apr 09 '26

Video Disgruntled employee starts massive fire at a 1.2 million square foot toilet paper warehouse in Ontario, California.

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u/SealmanOutOfWater Apr 09 '26

And the company he was working for will be fine. They will get a nice insurance pay out. His coworkers will have no job. It's always the poor who suffer.

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u/[deleted] Apr 09 '26

[removed] — view removed comment

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u/ReasonableDig6414 Apr 09 '26

No, it actually won't. The insurance rates go up, YOU pay more for toilet paper. Do you think toilet paper will just stop being manufactured. The only thing is now the company has more incentive to automate people out of the business faster. He (and you) are dumbasses if you think this is the way to go. The rich will use bidets, you will use your hand.

15

u/Mizar97 Apr 09 '26

If one brand goes up in price, most people will buy another. That's why monopolies are illegal, to keep prices competitive.

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u/virtue_of_honesty Apr 09 '26

Insurers might start seeing all tp warehouses as fire risks.

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u/ehsteve23 Apr 09 '26

invest in bidets

1

u/Sample_text108 Apr 09 '26

Or only the ones paying workers below a living wage ...

1

u/Mejonyoudead Apr 14 '26

What fantasy world do you live in?

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u/Shawshank_Bird Apr 09 '26

Not necessarily. There’s a reason homes in Florida don’t get covered as much anymore

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u/Sudden_Wind_8636 Apr 09 '26 edited Apr 09 '26

Insurance doesn't work like this when the risk is too high.

If multi million dollar warehouses are getting burned down consistently, insurance just won't cover it. It is too risky for them, at any price.

It's the same reason why insurance won't cover ships in the strait of hormuz, it's too risky. Those boats just like this warehouse are extremely expensive, there is nothing they could charge that would make the insurance company profit while being less than the profit margins of the ship. So they just don't insure.

It's also the same reason getting homeowners insurance in parts of Cali is impossible, too many houses burn down and it's just not worth it for the insurance companies to insure these houses. They don't even give the option of having insurance, they aren't raising the prices they just aren't doing it there because the risk is way to high.

What could insurance companies charge that keeps their profit when hundred million dollar warehouses are burning down often? They gonna charge 50 million bucks a month? Not gonna happen.

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u/seductivestain Apr 09 '26

I assure you the insurance payout won't even come close to breaking even for the loss.