Being Politically Opposed to Insurance Companies. Is This a Reasonable Stance? Being Politically Opposed to Insurance Companies. Is This a Reasonable Stance? Uncertain this is trading focused. Maybe try another sub. This sub has very knowledgeable users. I am still undecided on the matter. Is it possible to self insure against a fire destroying your home, or let’s say you hitting some ones car and needing to replace a 50k car? Not at the moment. You have me there. You gotta do you, but I must say that folks don’t make decisions as a collective.
If my house uses up down, or if my expensive element gets broken in transit, I don’t care if in aggregate the rates of all policyholders paid exceeded the worthiness of my item. I’d gladly take the 3%, 5%, heck even 10% expected over head if this means there is certainly any capability of myself being made whole after an independently catastrophic loss. But individuals form organizations – unions, political parties, governments, etc – that advocate for their collective welfare. If the national government part of to solve this issue?
I’d gladly take the 3%, 5%, heck even 10% expected overhead if it means there is certainly any capability of me personally being made whole after an individually catastrophic loss. The purchase price inelasticity of demand is one of the reason why of the rise in the price tag on healthcare, housing, and education. You make a great deal of interesting points, and for a … Read more