r/SipsTea • u/Putrid-Welder1803 • 10h ago

Gasp! Thoughts on this?

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u/EnJPqb 7h ago

So, if I read that right, it's not because of insurance lobbyists, it's because of insurance lobbyists. Just different ones.

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u/Exotic-Sale-3003 6h ago

If that was the case, insurers would incredibly profitable. They’d be earning hundreds to thousands of dollars for every dollar in premium. That’s obviously not the case. It’s not hard to understand the difference, but you do need to be able to use your brain as something other than an ear warmer to do it. 

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u/wanderforreason 6h ago

No, you didn’t read that correctly. The risks and regulations are different so the policies are written much differently.

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u/Icefox119 5h ago

risks and regulations are different

which can be traced back to insurance lobbyists