Quote:
Originally Posted by computeruser
That’s one possible word for it.
Given how little insurance costs, it baffles me why someone would go without. .
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It's called "math".
Insurance is a very profitable business.
Otherwise they wouldn't do it.
You're on the sucker end of that deal
The deck is always stacked in favor of the house.
If your insurance is cheap, actuary has determined you're unlikely to make a claim, statistically speaking.
Over time, you will lose. That's why they make a profit. Basic.
Poor people need insurance, and stay poor.
Rich people self Insure and are basically in the insurance business themselves. Profit.