return2ozma@lemmy.world to News@lemmy.world · 2 years agoU.S. retailers admit they lied about shoplifting, retail crime againboingboing.netexternal-linkmessage-square49fedilinkarrow-up1597arrow-down112
arrow-up1585arrow-down1external-linkU.S. retailers admit they lied about shoplifting, retail crime againboingboing.netreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square49fedilink
minus-squareEatYouWell@lemmy.worldlinkfedilinkarrow-up29arrow-down13·2 years agoStores have insurance to protect them against theft.
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up10arrow-down2·2 years 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-down26·2 years 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.