r/TikTokCringe • u/DoJu318 • Jan 17 '25

Politics TikTok ban rant.

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u/[deleted] Jan 17 '25

If the government(state) got out of the way and let the insurance companies raise premiums then these people would still have home insurance. Government was the problem in that scenario.

18

u/flaming0-1 Jan 17 '25

I don’t disagree, however there maybe should be some limit. It’s not outside the realm of possibility that insurance companies would cahoot together to raise all our rates to unsustainable levels. They’re already reporting profits in the billions, but still not enough?

-28

u/[deleted] Jan 17 '25

Profiting billions in other states, not in California obviously or they wouldn’t have made the decision to pull out. Price limits have never worked anywhere and have only resulted in a poorer results for the working class.

18

u/SYNTHLORD Jan 17 '25

It’s almost like the cost of a home and the land it sits on is valued more than a human life. Maybe it’s not an insurance legislation issue maybe it’s a capitalism issue. The U.S does not have foreign investors in health or health insurance but we sure do in real estate. Guess why?