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re: Does insurance violate the basic laws of economics?

Posted on 3/1/24 at 10:04 am to
Posted by Shexter
Prairieville
Member since Feb 2014
14173 posts
Posted on 3/1/24 at 10:04 am to

It's 100% fear based sales.
Posted by Chad504boy
4 posts
Member since Feb 2005
167137 posts
Posted on 3/1/24 at 10:07 am to
quote:

It's 100% fear based sales.


Then insurance companies wouldn’t be running for the hills and collapsing
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25733 posts
Posted on 3/1/24 at 10:42 am to
No, “owning” things people can’t afford is what creates the need for insurance.
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