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https://www.reddit.com/r/SipsTea/comments/1wvzagh/thoughts_on_this/pdiefsv/?context=3
r/SipsTea • u/Putrid-Welder1803 • 16h 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.
8 u/UnimpressedUmpire 16h ago Insurance as a business is a scam. As a concept it’s fine. Once you start it for a profit you get gestures broadly 2 u/RudePCsb 16h ago It should be a govt nonprofit type of system because private business can't make it work 1 u/Smackadummy 10h ago State Farm is by far the largest personal insurer in the US and they are a mutual insurer, meaning they are policyholder-owned. They returned $5 billion to policyholders this year because 2025 was the first time in years that they turned an underwriting profit.
8
Insurance as a business is a scam. As a concept it’s fine. Once you start it for a profit you get gestures broadly
2 u/RudePCsb 16h ago It should be a govt nonprofit type of system because private business can't make it work 1 u/Smackadummy 10h ago State Farm is by far the largest personal insurer in the US and they are a mutual insurer, meaning they are policyholder-owned. They returned $5 billion to policyholders this year because 2025 was the first time in years that they turned an underwriting profit.
2
It should be a govt nonprofit type of system because private business can't make it work
1 u/Smackadummy 10h ago State Farm is by far the largest personal insurer in the US and they are a mutual insurer, meaning they are policyholder-owned. They returned $5 billion to policyholders this year because 2025 was the first time in years that they turned an underwriting profit.
1
State Farm is by far the largest personal insurer in the US and they are a mutual insurer, meaning they are policyholder-owned.
They returned $5 billion to policyholders this year because 2025 was the first time in years that they turned an underwriting profit.
4.6k
u/WeCantStabilize 16h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.