return2ozma@lemmy.world to News@lemmy.world · 10 months agoU.S. retailers admit they lied about shoplifting, retail crime againboingboing.netexternal-linkmessage-square75fedilinkarrow-up1665arrow-down111
arrow-up1654arrow-down1external-linkU.S. retailers admit they lied about shoplifting, retail crime againboingboing.netreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square75fedilink
minus-squareEatYouWell@lemmy.worldlinkfedilinkarrow-up32arrow-down11·10 months agoStores have insurance to protect them against theft.
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up7arrow-down2·10 months agoHaving insurance isn’t a free money glitch. Insurance companies wouldn’t be able to operate if the insurance didn’t cost more than the claim payouts.
minus-squarePrettyLights@lemmy.worldlinkfedilinkarrow-up12arrow-down28·10 months agoAnd the more they use the coverage, the more it costs. Have you ever filed claims against your home or auto insurance? Even when it was fully in policy and not your fault, your rates likely spiked.
Stores have insurance to protect them against theft.
Having insurance isn’t a free money glitch. Insurance companies wouldn’t be able to operate if the insurance didn’t cost more than the claim payouts.
And the more they use the coverage, the more it costs.
Have you ever filed claims against your home or auto insurance? Even when it was fully in policy and not your fault, your rates likely spiked.