> Imagine if the power company said "Pay $10 extra a month, and we'll make sure that in an adverse event, your bill for your normally consumed 1000 kWh would be $1000".
Alternatively, imagine if critical services like this were managed directly by the state, so that the cost of these adverse things was absorbed into the tax base rather than privatized by insurance companies (which eventually go bust and end up bailed out by the state anyway).
Alternatively, imagine if critical services like this were managed directly by the state, so that the cost of these adverse things was absorbed into the tax base rather than privatized by insurance companies (which eventually go bust and end up bailed out by the state anyway).