10-12-2021, 08:45 PM
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#18
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not playing cards
Join Date: Sep 2014
Drives: a 13 e8h frs
Location: vantucky, wa
Posts: 32,395
Thanks: 53,053
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Mentioned: 1118 Post(s)
Tagged: 9 Thread(s)
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Quote:
Originally Posted by crinnoire
The cost of your insurance isn't just driven by you alone. Its based on the overall costs to the insurance company. Everything from them giving their employees raises, to repairs costing more at repair shops, to new cars costing more.
The whole premise of insurance is shared risk and spreading the losses across the whole risk pool.
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