After COVID-19 and Social Unrest Last Year Portland Businesses Now Seeing Insurance Rates Climb

After the political turmoil and social unrest that spilled out onto the streets last year around the U.S. , businesses today are still feeling the pain. And they went through a pandemic on top of that chaos.

There was a great deal of property destruction that was inflicted during that mixture of protests and riots, the damage had resulted in Downtown Portland losing tens of millions in lost revenue and physical damage. COVID-19 had a significant impact as well on many businesses being restricted.

Now businesses in the region are facing climbing insurance rates because of it.

Those who caused any damage last year might have assumed that their actions were temporary, but even now small businesses in Portland continue to suffer because of those mistakes that have been made.

The community as a whole suffers further as damaging property caused more harm to people in the area and didn't do any good.

The increased insurance rates in Portland are reportedly part of a national trend, with more increases expected because of the pandemic and social unrest that has impacted the country.

Now, some businesses are having a hard time getting insurance altogether after the political unrest last year and they are also seeing things get more expensive. The property damage that gets inflicted has a longer impact than just that night or the next day. The scene might get cleaned up and fixed but the actions negatively impact the community months, even years later.

Last year in Portland businesses there suffered millions of dollars worth of physical damage.

A few businesses have already left the area and some of them pointed the finger to government failure on their way out. They wanted to know what more authorities were going to do to try and protect them and their businesses, after all isn't that what they get paid for? To ensure the safety of the community when violent acts are being committed? According to many businesses who were victimized though they'd probably say that they failed on that front miserably.

Maybe they should get a refund seeing as such a failure of service was experienced?