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Re:EU to make it mandatory to use customer-replaceable batte... by rdtwo on Sunday March 13, 2022 @07:43PM (#30666941)
The math isn’t as simple as you make it out to be. See insurance companies have volume and can negotiate better rates and policies. For example they can get 30-50%labor rate discounts or negotiate lower costs for recurring visits and discounted parts costs. As such is perfectly possible for insurance to be cheaper than uninsured services.
Re:EU to make it mandatory to use customer-replaceable batte... by _carbyau_ on Sunday March 13, 2022 @08:40PM (#30667294)
In which case it is less about being insurance and more about being an appliance servicing company - even if the work is outsourced.

Put the two together - insurance and appliance servicing company = your described scenario.

Re:EU to make it mandatory to use customer-replaceable batte... by rdtwo on Sunday March 13, 2022 @09:30PM (#30667573)
Exactly a lot of These companies are like hmos of appliances. Health insurance in the us isn’t really insurance either. If it was pure insurance most people would only by catastrophic