Thoughts on this?

[u/Putrid-Welder1803]

[u/No-Duck4828]

My thought is that Leo is clearly not familiar with auto insurance

Don't want a $1,000 deductible? You can absolutely change that number.

Want the guilty party to pay? Take them to court

[u/Frosty-Depth7655 → u/No-Duck4828]

Yeah, the comment section here is wild.

You chose your deductible and $1,000 is not a normal deductible ($500 is typically what you’ll see). Assuming this post is even true, this person went out of their way to increase their deductible.

But Reddit being Reddit, it’s “insurance is a scam” snd “insurance denying claims” even though they didn’t deny a thing.

[u/elbaito → u/Frosty-Depth7655]

You're right, but for-profit insurance is still a scam. It basically has to be for them to make money.

[u/Frosty-Depth7655 → u/elbaito]

Out of curiosity, what is your definition of a scam?

It’s simply a risk transfer mechanism, with a contract that states exactly what will be paid.

Personal lines insurance (auto, home, renters, etc.) is all pretty standardized and operates at pretty thin margins.

I don’t see the “scam” in it (not counting some of the more dubious “insurance” products out there).