Re:Want to be an actuary? Odds are, you’ll fail the test
by thechao on Tuesday December 28, 2021 @06:48PM
(#29719779)
I watched a four-tone college Corolla rear-end a metallic fleck baby blue Bentley being driven from N to S Austin. Since I was stuck there (caught in the pileup, but undamaged), I chatted with the valet. He said that the Bentley would be totaled -- no purchaser would take it, obviously. He said the dealer insurance would handle the whole thing; there was simply no point in even calling the kid's insurance: the car was probably easily 5-10 times the kid's liability limit.
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Re:Want to be an actuary? Odds are, you’ll fail the test
by seoaeu on Wednesday December 29, 2021 @12:23AM
(#29722184)
That seems silly given that the cost of the phone call is surely orders of magnitude less than the insurance payout. What kind of business is going to forgo a four or five figure check like that?