Quote:
Originally Posted by Brian
Other than house insurance, which kinds of insurance are a "scam"?
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All of them; it's a classic case of one side having more access to information than the other. The island of Manhattan was sold for trinkets. The insurance industry has actuaries, computer analysts and such that the general public does not. It's a lopsided deal. Hell, why would the insurance industry exist at all if they couldn't turn a profit? They are preying on consumers lack of knowledge as far as what risks are involved, be it owning a car, getting sick, or dieing altogether.