• reddit_sux@lemmy.world
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    6 months ago

    It comes from the insurance companies pocket to whom the community has been paying premium for a long time. It has been paid for such an eventuality. Maybe the premium might go up a bit but the whole amount doesnt come from communities pocket.

    • ryathal@sh.itjust.works
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      6 months ago

      Communities will pay well over 2 million in increasing premiums assuming they can even get insurance after this.

    • theherk@lemmy.world
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      6 months ago

      Well that’s true in many cases, and may well be in this case. In some though, the city is self insured, in which case it comes from a fund set aside by the city. In others, if not covered by insurance, it can come from the coffers directly. So directly or indirectly - immediately or paid over time, it still comes from the community.