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Reply #15: What is "fully". [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-22-10 12:36 PM
Response to Reply #14
15. What is "fully".
Edited on Thu Apr-22-10 12:42 PM by Statistical
Reactors are fully insured to $10.4 billion.

That is the limit on liability imposed by the govt.
All insurance has limits. Please identify a single unlimited insurance policy anywhere in the world for any industry.

Insurance limits never fully cover damages. Insurance on hydro-electric dams are not enough to cover all possible contingencies.

The insurance on drivers (mere $10K in most states) is not enough to cover all possible damage they can cause.
The insurance required for airlines ($100 million) was a tiny fraction of the damage caused by 9/11 ($2 trillion).

You simply want a "special" impossible burden placed on nuclear reactors that isn't imposed on any other industry on the planet.

Lastly where if "fully" is the false statement I corrected.
"Why won't insurance companies touch insuring nuclear plants?" = false.
Nuclear reactors are insured by $10.4 billion in private insurance.

Maybe you believe that level of insurance should be higher but it is false to say they are not insured.
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