this post was submitted on 11 Jul 2026
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USAA closed 51% of home insurance claims without making a payment in 2025 (www.expressnews.com)
submitted 8 hours ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se
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[–] Dookieman12@piefed.social 5 points 7 hours ago

Mandatory insurance without proper payouts is just a government-sponsored extortion scheme. It's paying "protection" to mob goons who will smash up your store anyway because they want more from now on; same energy.