Is that even legal in the US? Here in Germany it’s definitely illegal to use a parking spot - including your garage - for storage. It’s considered an unauthorized special use.

The reason is because parking spots and garages face different regulation than living spaces. For example, you cannot construct a shed on the edge of your property but you may build a garage there.

Wieso nicht gleich GWERDSCH?

Insurance companies rarely go bankrupt as it requires insane incompetency to achieve this.

Insurance companies work like casinos: Develop a probabilistic model to determine the average amount of claims per customer per region and then charge more.

That’s why they are exiting regions where the expected yearly damages exceed what they are allowed to charge. Insurances are the first to exit a sinking ship.