US EditionGigantic Insurance Rates After Flood. They Can't Afford Insurance
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Residents of southern Poland, who were affected by the recent flood, renovated their houses. They wanted to insure them. Unfortunately, insurance companies either refuse or offer very high rates. An example? The amount of a private policy increased from PLN 8,000 to PLN 96,000. Residents emphasize that they suffered not because of an ordinary flood, but because of a dam burst. Intervention Material.
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