Insurance - legal extortion
Yes you can tell I am not a fan of insurance. I
understand the need for it, just as I understand the need for
lawyers. Neither of which has ever done any good for me
or for anyone I know.
Car insurance - required by state law. I was rear
ended by someone who did not have insurance or a license to
drive. My company paid for the repairs and my rates went
up and I was told if I filed another claim within 2 years my
policy would be cancelled.
Life insurance - They are betting you will pay in more than
they will have to pay out. Oh, don't die in a war, flood (act
of God) or by suicide.
Health insurance - Oh don't even go there.
Home insurance - better have a lot of add ons here.
Have you seen all the ads lately telling you that any home can
flood? A friend of mine, brand new house, had roof damage
from a storm. Insurance said it was "wind driven rain"
and therefore not covered. No flood insurance.
So with my attitude in mind, I will try to present some
unbiased opinions on insurance and why you should pay out your
hard earned money to be protected. It may be minimal protection
but in the worst case scenario everything counts.
If you sell insurance, I invite you to contact me to correct
any invalid statements that I make. I will publish your
remarks, your name and the company you represent. You may
contact me at Insurance Rebuttal Please put
Insurance Rebuttal in the subject line.