Insurance is a good bet for things where the cost of a loss would be a big deal. I put fire insurance on my house because if my house would burn I couldn’t afford to replace it. Because I can bet my house won’t burn down I dare live in a nice house. Without that insurance I’d have to live in a mud hut (or maybe a step above).
Well that’s obviously the reality of it, I’m exaggerating.
In Finland every car has to have basic traffic insurance. If it doesn’t and you hit someone and maim/kill them, you won’t’ be covered. So yeah, I understand that for some things it’s essential, but that’s only as long as the system is at least in some way reliable.
If actually 9/10 cases insurance didn’t pay out when something was actually obviously covered by an insurance, then I don’t think many people would bother.
I’m just exaggerating but we all know what scumbags insurances companies are. Some less than others.
It’s literally betting against yourself, while knowing the dealer doesn’t pay out 9/10 times even when you win.
Insurance is a good bet for things where the cost of a loss would be a big deal. I put fire insurance on my house because if my house would burn I couldn’t afford to replace it. Because I can bet my house won’t burn down I dare live in a nice house. Without that insurance I’d have to live in a mud hut (or maybe a step above).
Well that’s obviously the reality of it, I’m exaggerating.
In Finland every car has to have basic traffic insurance. If it doesn’t and you hit someone and maim/kill them, you won’t’ be covered. So yeah, I understand that for some things it’s essential, but that’s only as long as the system is at least in some way reliable.
If actually 9/10 cases insurance didn’t pay out when something was actually obviously covered by an insurance, then I don’t think many people would bother.
I’m just exaggerating but we all know what scumbags insurances companies are. Some less than others.