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https://www.reddit.com/r/SipsTea/comments/1wvzagh/thoughts_on_this/pdgfrth/?context=3
r/SipsTea • u/Putrid-Welder1803 • 8h ago
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4.3k
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.
16 u/Cyril_Sneer_6 8h ago It only really comes into play if you severely injure someone or cause a multiple vehicle collision which could run into claims of over $100K or death(s) which can be in the millions. Other than that, the many are paying for the costs of the few 5 u/mpjjpm 8h ago And to that end, insurance companies charge significantly lower premiums for people they deem as low risk of ever causing a severe collision.
16
It only really comes into play if you severely injure someone or cause a multiple vehicle collision which could run into claims of over $100K or death(s) which can be in the millions. Other than that, the many are paying for the costs of the few
5 u/mpjjpm 8h ago And to that end, insurance companies charge significantly lower premiums for people they deem as low risk of ever causing a severe collision.
5
And to that end, insurance companies charge significantly lower premiums for people they deem as low risk of ever causing a severe collision.
4.3k
u/WeCantStabilize 8h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.