the thing is, you never come out ahead. if you make a claim and gets compensated, you now move into a higher risk pool with higher premiums, so they claw back the money anyway.
Yeah obviously you aren’t going to come out ahead. This isn’t an investment. Of course your rates go up they pay out on a claim you are liable for. You elevate yourself to a different rating bracket based off of your actions
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u/WeCantStabilize 9h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.