Hacker News new | ask | show | jobs
by rightbyte 883 days ago
At least that edge of it.

Imagine owning the house over the road where the lava is heading right now, watching the disaster in slow motion. I guess the lava flow could stop right in front of it?

Edit: Nevermind ...

1 comments

Iceland has socialised National Catastrophe Insurance. The premiums are very low but if your house is lava'd or avalanched you get a reasonable payout.

Of course it's better if that doesn't happen, but if it does there's solid support for the victims.

This would never happen in the USA. Pure communism
The American equivalent is probably the national flood insurance program.
The annoying thing about that is that it lets people repeatedly keep building in exactly the same spot.

Not without an inconvenience, but it's almost like "every time it floods enough you get a home upgrade".

People can afford beachfront houses often have friends in high places.
That insurance not cheap.
But it is subsidized by one’s fellow taxpayers.