Insurance isn’t free. On average, you pay more in insurance premiums than you get in claims. That’s how insurance works. If you become riskier, your premiums go up. If you become catastrophically risky, you become uninsurable.
They’ll cover what it cost to make, not what they could have sold it for, so all the profit they expected is gone. And their operations may be massively disrupted in the area around the warehouse.
No, it isn’t. Insurance will cover it.
Insurance isn’t free. On average, you pay more in insurance premiums than you get in claims. That’s how insurance works. If you become riskier, your premiums go up. If you become catastrophically risky, you become uninsurable.
They’ll cover what it cost to make, not what they could have sold it for, so all the profit they expected is gone. And their operations may be massively disrupted in the area around the warehouse.
Then someone else does it again. They don’t have any practical way of stopping this other than meeting reasonable demands.
Till they back out due to excessive fires.