Quote:
Originally Posted by Ben2k9
seems to me like they are making a reasonable profit by providing an essential service. Without insurance, hardly anyone would own BMWs nor live in anything much fancier than a mud shack, since the financial loss from an accident would be too catastrophic.
Insurance is the glue that holds the world as you know it together. If you think they are too profitable you can always invest in the company as a shareholder to benefit there.
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Keep telling yourself that. For those of us like myself who average 4-5k miles of diving and have no accidents in over 2 decades of driving, and have the means to pay cash for repairs or buy another car if the one I'm driving breaks... No I don't empathize with big insurance one bit. I've earned the right to drive insurance free and have them pay for any liability or repairs that may or may not ever happen.
Which insurance company you work for by the way?