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Reply #15: Why not - they already do. [View All]

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PamW Donating Member (566 posts) Send PM | Profile | Ignore Sun May-29-11 06:00 PM
Response to Reply #12
15. Why not - they already do.
If you want to claim that nuclear is safe, feel free; but don't expect the insurance market to cover the plant.
=====================

Why not - they already do. Evidently you're gullible enough to believe the anti-nuke propaganda that insurance companies won't insure nuclear plants. They do now, and the Price-Anderson Act requires that operators buy that insurance:

http://en.wikipedia.org/wiki/Price%E2%80%93Anderson_Nuclear_Industries_Indemnity_Act

Power reactor licensees are required by the act to obtain the maximum amount of insurance against nuclear related incidents which is available in the insurance market (as of 2011, $375 million per plant). Any monetary claims that fall within this maximum amount are paid by the insurer(s). The Price-Anderson fund, which is financed by the reactor companies themselves, is then used to make up the difference.


My comment wasn't meant as an insult; just a statement of fact.

PamW
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