this post was submitted on 15 Jan 2025
531 points (99.8% liked)
The Onion
4823 readers
308 users here now
The Onion
A place to share and discuss stories from The Onion, Clickhole, and other satire.
Great Satire Writing:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well, insurances are profitable companies. No matter how you look at it, in average they will always make more money of a single insuree than what they pay out. Knowing this, if you can afford the potentially expensive hit, it's better to not insure or insure as little as possible.
That been said, not many people can afford to not have an insurance as a big hit can create a lifelong debt. Whereas when you do have an insurance, they find a way to not pay and you end up with a lifelong debt. Oh wait...