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A comment on Are SUVs Ruining Retirement Savings?. Parent comment

Re:Are SUVs Ruining Retirement Savings? by EliRivers on Tuesday July 17, 2018 @12:11PM (#17550707)
The insurance premium is simply a markup on the expected value of what the insurance company would pay out. My "inner mathematician" couldn't permit it.

Is that not true of all insurance? Does this mean you go through life with only whatever legal minimum of insurance is required in any given circumstance?

[ Parent | on HN ]
Re:Are SUVs Ruining Retirement Savings? by marssaxman on Tuesday July 17, 2018 @07:02PM (#17554279)
That's how I do things. Insurance has generally proven not to be worth it, in my experience; they always find some way to not pay - so I only pay for the insurance I'm required to have. It's just another tax.
[ Parent | on HN ]