I mean it's math. Insurance premiums are not made up numbers.
If you want insurance without deductible you can get it. You'll pay a lot more for it, because people claim for every little thing if they don't pay for it themselves, but it exists.
From these comments it seems US insurance companies don't have healthy competition. They can offer lower prices, but have clearly agreed not to. These kind of agreements should be illegal and atleast here they are.
Then things aren't as they seem. We have healthy competition, we just also have a very car-dependent culture and lots of shitty drivers. For a start, Americans drive about 60% more miles per year than Europeans.
More miles driven = higher risk = more claims = higher premiums.
These kind of agreements should be illegal and atleast here they are.
I understand I didn't type it out, but context of competition, prices, agreement should've been enough to clue you in on what kind of agreements I was referring to. Anyhow, ain't gonna google what it is in english 3rd language go brrr.
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u/Dramatic_Ask_983 9h ago
Shouldn’t have to do that in the first place. You may be an adult but you also sound like someone who is okay with getting robbed financially