I had an insurance salesman tell me stories of how farmers/speculators insure crop against loss and how some people buy policies for the explicit expectation of profiting on bad weather years because the policies are quite inexpensive.

That's why I argue and can debate #3. I'm not an expect, I don't know how it works, this was a waaaaay ago (2015.)

So, you know, my personal anecdote changes perspective and that sort of mindthink.