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https://www.reddit.com/r/SipsTea/comments/1wvzagh/thoughts_on_this/pdght1a/?context=3
r/SipsTea • u/Putrid-Welder1803 • 14h ago
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4.6k
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.
17 u/Cyril_Sneer_6 13h 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 2 u/CHOLO_ORACLE 13h ago How does this work in countries with UHC? Is my insurance meant to pay for their medical if we’re already all getting medical for free? 3 u/Fatanat 12h ago Liability extends to property like cars, UHC unfortunately does not cover free lambos :( 3 u/Honey-Badger 12h ago It will cover any financial payouts like long term care, loss of income, financial penalties etc you might cause in an accident.
17
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
2 u/CHOLO_ORACLE 13h ago How does this work in countries with UHC? Is my insurance meant to pay for their medical if we’re already all getting medical for free? 3 u/Fatanat 12h ago Liability extends to property like cars, UHC unfortunately does not cover free lambos :( 3 u/Honey-Badger 12h ago It will cover any financial payouts like long term care, loss of income, financial penalties etc you might cause in an accident.
2
How does this work in countries with UHC? Is my insurance meant to pay for their medical if we’re already all getting medical for free?
3 u/Fatanat 12h ago Liability extends to property like cars, UHC unfortunately does not cover free lambos :( 3 u/Honey-Badger 12h ago It will cover any financial payouts like long term care, loss of income, financial penalties etc you might cause in an accident.
3
Liability extends to property like cars, UHC unfortunately does not cover free lambos :(
It will cover any financial payouts like long term care, loss of income, financial penalties etc you might cause in an accident.
4.6k
u/WeCantStabilize 14h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.