Re:Woman makes $420k by buying insurance on flights she pred...
by saalweachter on Monday June 15, 2020 @08:55AM
(#23526778)
> Someone did a better job of estimating odds than an insurance company did.
Eh, I'm not sure that's really true, even.
Flight insurance -- at least, all of the flight insurance I'm familiar with -- is a fixed-cost product. I doubt it is so much that the insurance company couldn't create separate risk pools, from their own analysis, but that it doesn't make sense as a business.
Eh, I'm not sure that's really true, even.
Flight insurance -- at least, all of the flight insurance I'm familiar with -- is a fixed-cost product. I doubt it is so much that the insurance company couldn't create separate risk pools, from their own analysis, but that it doesn't make sense as a business.