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Last login: Friday, July 8, 2011
I don't see evidence that insurance companies are at fault for raising rates when they have significant claims. Payouts are made based on premiums paid.
The questions to be asked are: - If SDG&E installed steel poles in the backcountry and increased line tension, would insurance companies see lower risk and thus reduce the anticipated rates which may be needed to cover claims?- Is it cheaper for SDG&E to self insure?- If a person chooses to live in a distant, high risk location, should they bear extra cost for connecting to SDG&E, to cover the cost of that extra infrastructure to serve their electrical needs?
I agree it is wholely inequitable for San Diego citizens and businesses to pay the wild fire costs, and hope Mr. Wagner can successfully argue this point.
July 8, 2011 at 11:17 a.m.
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