The Home-Insurance Coin Flip: Nearly Half of Claims Result in Zero Payout

[hunter]

37. People are not customers any more.

We are just pawns in a bigger game the billionaires and giant corporations are playing among themselves.

If I get a mortgage or a car loan it's the lender who decides what sort of insurance is adequate. The choice is not mine. My personal well-being and security is not the product I'm paying for, That's just the way it is advertised on TV.

So long as the pawns behave in a predictable manner the games will go on.

I've been excluding all television and internet video advertising from my life nearing 15 years now. I have no idea what current insurance advertising looks like and assume it's worse than it's ever been, provoking subliminal fears of complete ruination in humorous ways. Insurance is an important part of the game because consumers who have lost everything are unprofitable and unpredictable.

I don't want to be afraid. I don't want to be a feckless consumer manipulated by television advertising. I don't want to be predictable. I don't want to be a pawn in the game.

Yeah, I've got insurance, but it's not the "restore my life to exactly what it was" sort. That's an unreasonable expectation, especially in medicine where there are so many things that cannot be fixed. Ideally we'd have some sort of universal health care and the entire health insurance industry would become a mere ghost of what it is now.

Mostly I have liability insurance which is a necessity in a nation where people are quick to sue one another.

I don't need anything more than liability insurance for my cars which I could replace or repair out-of-pocket, which I have done

My wife and I have enough insurance to replace our home but most of the contents are irreplaceable but of little value to anyone but ourselves.

In any case, in a better world, every citizen would be provided with a safe, secure, comfortable place to live no matter what tragedy befalls them. That ought to be final safety net whether or not a person has any kind of insurance.