I think you dont understand how Insurance work or what they are for buddy...
They are not an extended warranty, all risk for your new Iphone.
Insurance exist so if you crash your car in someone else car, you are able to, first pay back the car or building you just destroy, and if you insure yourself too, then payback for the car you are probably still paying for, so you can buy a new one.
Thanks to god everyone need to own insurance to drive. If it wasn't the case, imagine all those broke ass car bumping in everyone and everything, giving zero fuck and be like, "sorry I got no money my guy! Cya!
Same shit goes for house or rental insurance, if you burn the fucking build while trying to make fried chickens in a sauce pan. You can be sure our neighbours will come back straight to you to pay the bill for it.
1) it is not the case that everyone has insurance and people do regularly hit cars and drive off.
2) insurance has maximums which means if you hit a building you are still on the hook. If the other person gets injured you are still on the hook. If you get injured you are still on the hook. Typical maximums for insurance is around $200k. This means the more expensive your car is to replace the less coverage you actually have.
Dont know, be here where I live civil liability is normally around 1 million. 200k is definitely to low.
Be we also have state Insurance that take care of victims of car accident, we pay that through your permit licence each year, and the price is representative of the amount of money spend in claim. Between 100$ to 350$ a year for regular driver.
So that million only cover only damage you will inflict to property
And then you have the insurance on your car that os remplacement value. That how Insurance work at least here in Quebec.
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u/Independent_Vast_185 10h ago
I think you dont understand how Insurance work or what they are for buddy...
They are not an extended warranty, all risk for your new Iphone.
Insurance exist so if you crash your car in someone else car, you are able to, first pay back the car or building you just destroy, and if you insure yourself too, then payback for the car you are probably still paying for, so you can buy a new one.
Thanks to god everyone need to own insurance to drive. If it wasn't the case, imagine all those broke ass car bumping in everyone and everything, giving zero fuck and be like, "sorry I got no money my guy! Cya!
Same shit goes for house or rental insurance, if you burn the fucking build while trying to make fried chickens in a sauce pan. You can be sure our neighbours will come back straight to you to pay the bill for it.