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BLM riot damages 'worst in history' totalling over $2 BILLION


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2020 Oct 7, 11:05am   724 views  13 comments

by WillPowers   ➕follow (3)   💰tip   ignore  

The "mostly peaceful" riots that have been rocking the US since the end of May have proven to be extremely costly.

The Insurance Information Institute has compiled some shocking data. According to the institute, property damage claims from the riots this summer have now likely surpassed $2 billion, making them the costliest riots in US history.

BREAKING: Insurance Information Institute says Summer 2020 riots caused over $2 billion in damage across 20 states, Highest in US history.— ¡Despacito

The study indicates that just between the dates of May 26 and June 8 claims appear to be near the $2 billion mark, and in most cities, the rioting has not stopped. In Portland, for example, they are nearing four months of nightly disturbances without a single night off, and no end in sight.

Another disturbing dimension to these figures is that they only include valid insurance claims. Many business and property owners are realizing to their horror that they are not even able to make a claim due to the nature of their insurance policies, which often do not include riot-related losses.

SEE: https://thepostmillennial.com/blm-riot-damages-worst-in-history-totalling-over-2-billion

Tim Pool also estimates the damage is a lot worse in THIS VIDEO "Gangs Have Taken Over NYC," Defunding Police BACKFIRES (More) Riots Continue, Jewish Protests ERUPT

WATCH: 10/7/20
www.youtube.com/embed/cu2Jl0o773E

Comments 1 - 13 of 13        Search these comments

1   Tenpoundbass   2020 Oct 7, 11:09am  

I would bet anything Target, Best Buy, and a few other companies that were targeted in several of the cities where the rioting took place. Had an agreement, that those hurting businesses would be hit, for the insurance payment. I would like to know how many companies near CHOP, that were destroyed, has close ties with Wheeler, and didn't make a big stink about it, but got a nice Insurance payout.
2   Tenpoundbass   2020 Oct 7, 11:10am  

I would even bet, some of the small companies were targeted to get them out of the competition.
3   SunnyvaleCA   2020 Oct 7, 12:25pm  

I suspect these reports understate the short-term losses and don't even touch on the long-term affects. I assume insurance rates will increase, so no new businesses are going to move in. Welcome to the "food desert."
4   Patrick   2020 Oct 7, 12:31pm  

Right, now in addition to the usually natural disasters, you have to be insured against the un-natural disaster that is Democrat-supported China-funded BLM violence.

And that insurance is going to be very expensive.
5   rocketjoe79   2020 Oct 7, 12:59pm  

My son used to live in Brooklyn. There were tens of thousands of Ultra-orthodox Hasidic Jewish. They have their own Private Phone system called JewNet. Women are not allowed access. Women in these communities suffer very high rates of abuse. It's not much different from what you hear about some Muslim practices with respect to women.
6   Karloff   2020 Oct 7, 4:48pm  

If "mostly peaceful" translates to $2B, could you imagine what the bill for "somewhat unruly" would clock in at??
7   GNL   2020 Oct 7, 7:54pm  

$2 Billion? Good lord, that's chump change.
8   SunnyvaleCA   2020 Oct 7, 8:13pm  

Patrick says
you have to be insured against the un-natural disaster that is Democrat-supported China-funded BLM violence. And that insurance is going to be very expensive

The Mossberg 500 is $350.
9   Eric Holder   2020 Oct 7, 8:16pm  

SunnyvaleCA says
Patrick says
you have to be insured against the un-natural disaster that is Democrat-supported China-funded BLM violence. And that insurance is going to be very expensive

The Mossberg 500 is $350.


The bail is $1M though. If you allowed to get it.
10   REpro   2020 Oct 7, 8:21pm  

Patrick says
Right, now in addition to the usually natural disasters, you have to be insured against the un-natural disaster that is Democrat-supported China-funded BLM violence.

And that insurance is going to be very expensive.


All that insurance comp now ask me to share cost of natural and un-natural disaster. Properties insurance went up about 30% yearly premium with all renewals.
11   NDrLoR   2020 Oct 7, 9:20pm  

Patrick says
the un-natural disaster
I remember reading one of my policies and its exclusions and I would laugh when "riot" was one of the events excluded, like when am I ever going to loose anything because of a riot in America!
12   WillPowers   2020 Oct 8, 12:01am  

WineHorror1 says
$2 Billion? Good lord, that's chump change.


In compared to what? The national debt?
13   Bd6r   2020 Oct 8, 7:54am  

Eric Holder says
The bail is $1M though. If you allowed to get it.

In red state you will likely walk free.

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