France Considers Higher Insurance Premiums for High-Value Properties
French officials are discussing increasing natural disaster insurance premiums for secondary residences and professional properties valued over 20 million euros.
French officials are discussing increasing natural disaster insurance premiums for secondary residences and professional properties valued over 20 million euros. Proponents argue the move promotes equity by ensuring high-value assets contribute more to solidarity funds. However, some lawmakers have expressed concern that this could undermine the principle of universal access to insurance.
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