Whatever is done, it should not be to protect the insurance companies. The only reason there are so many law suits is because insurance companies are oriented to first deny the claim then they delay the claim. They do so so that the policyholder, strapped for cash to conduct the necessary repairs will take anything to get their life back in order.
Insurance companies love to pass the blame off to the plaintiff's bar, when, instead the blame falls plainly on the insurance companies. Moreover, insurance, originally created to share the risk of harm over a lot of policyholders now make a good chunk of their money by investing the premiums paid by policyholders in the markets. If you think this is not true, why not read Berkshire Hathway's annual report? That is Warren Buffett's company. Pay attention to how GEICO, a BH subsidiary, makes money.
As to roof repair, if the insurance company wrote policies to cover roof repair or replacement, then they should have to pay for roof repair or replacement. We, as citizens, should not protect the insurance companies from their own folly.
As to premiums, I think I would rather pay $3k per year to cover my $400 K house from catastrophes. And, if the insurance companies find they need to boost the premium, with the assent of state regulators, then that is what insurance is all about. As a home owner, I simply have to make a decision...hmmm...400k versus 3 or 4K.
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