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Re:Why car insurance in America is too cheap by jncfhnb on Saturday February 03, 2024 @12:13PM (#39242379)
Profit caps incentivize bigger costs and bigger payouts
Re:Why car insurance in America is too cheap by collegeburner on Saturday February 03, 2024 @03:48PM (#39244588)
i do not care for them, but profit cap is not the same as margin cap
Re:Why car insurance in America is too cheap by jncfhnb on Saturday February 03, 2024 @05:25PM (#39245386)
Profit cap is not a real thing as far as I know

But if it were, it would encourage serving the smallest possible cohort and doing no more business