Okay, I am going to open up a Pandora's Box here, but do you think that people building their multi milion dollar homes in an ecologically sensitive area, like, I don't know, the side of a forrested mountain, has anything to do with these losses?
I hate it that these folks are losing everything, and it is going to be a really hard blow on the economy, but I hate the thought that everyone's insurance is going to go up because these people wanted to put there houses in places where maybe houses aren't meant to go to begin with.
Some of those homes were just out in small towns in the woods, and I am not necessarily talking about those, but those big homes in Malibu, well, it seems to me that if you choose to build there, maybe you shouldn't be able to get insurance. You pays your money and you takes your chances. Most of those folks are celebrities anyway.
Don't throw things at me. It's early.
I feel the same way about beach houses, too.