To the editor: Let’s speak about owners’ insurance coverage (“Insurers seek to surcharge California homeowners for L.A. County fire costs,” Might 13). Most of us owners resolve to primarily wager that we would have a hearth, theft or different occasion at our house. So we insure our house.
When an occasion occurs, the insurance coverage firm, in essence, loses the wager. If no occasions occur, the insurance coverage corporations win and luxuriate in a few years of premium funds. In regular betting, once you lose, you don’t ask the opposite profitable bettors to chip in to pay in your loss. So why is it authorized for insurance coverage corporations to ask owners which have paid for years and not using a declare to pay for others’ losses? Looks as if insurance coverage corporations have a win-win enterprise, a minimum of for his or her stockholders.
Cheryl Shrock, Tustin
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To the editor: Right here is one home-owner who hopes {that a} fee improve is permitted for all insured owners in California. The concept of insurance coverage is to have an enough pool of cash to pay claims. With the chance of extra fires in populated areas, all must pay their justifiable share in order that the few that suffer a loss are lined. One other profit of upper premiums can be to power folks to take local weather change critically.
Robert Paris, Grenada Hills
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To the editor: No one will ever persuade me why I ought to pay for the dearth of duty by our metropolis officers, who permit properties to be inbuilt fireplace areas, or for these owners missing frequent sense in selecting to reside in a harmful hillside space. It doesn’t take a genius to know that it is rather, very potential for a hearth to happen within the hillsides of Los Angeles. There’s loads of historical past.
Dave Simon, North Hollywood
