• bluGill@fedia.io
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    25 days ago

    Insurance is a good bet for things where the cost of a loss would be a big deal. I put fire insurance on my house because if my house would burn I couldn’t afford to replace it. Because I can bet my house won’t burn down I dare live in a nice house. Without that insurance I’d have to live in a mud hut (or maybe a step above).

    • Dasus@lemmy.world
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      25 days ago

      Well that’s obviously the reality of it, I’m exaggerating.

      In Finland every car has to have basic traffic insurance. If it doesn’t and you hit someone and maim/kill them, you won’t’ be covered. So yeah, I understand that for some things it’s essential, but that’s only as long as the system is at least in some way reliable.

      If actually 9/10 cases insurance didn’t pay out when something was actually obviously covered by an insurance, then I don’t think many people would bother.

      I’m just exaggerating but we all know what scumbags insurances companies are. Some less than others.