memes

What the actual fuck is going on with this gif. It's like high res, but 2 frames. It's completely cursed

medical bills and such have been raised to such levels that without insurance you'd be absolutely fucked. therefore, insurance has turned into an extra form of tax that goes directly to rich people instead of the government and the customers have to beg the rich people (with their terrible policies for claims and snakey "business practices") to get some help back, without guarantee.

the point is to earn profit, not help people in need

The little known open secret is that you're actually expected to change Car Insurance providers every few years (Especially after an accident!) in order to keep your costs down.

When you file a claim, always switch insurance before the claim is satisfied. This way it's not in the system for the new company to see. Old company still has to resolve the claim based on you having coverage with them on the date of the incident, and new company may very well never notice the filed claim after the fact.

Play their system against them as best you can

You are paying for the chance that they step in and pay a portion of the financial load when it exceeds your deductible. How can this amazing opportunity possibly be a scam? (/s)

that happens even if it isn't your fault

In principle requiring insurance is good. People are generally not great at allocating money to pay for freak disasters and the amount of money required to fix them is not evenly distributed. In many cases not having insurance means people going homeless or carless over expensive (but relatively minor in the grand scheme) accidents. Not to mention life insurance and paying out expenses for accidents where it's your fault but you wouldn't have enough money to pay.

It's essentially a tax run by privatized companies that ensure a safety net for everyone. The issue is that the companies are perversely incentives to make a profit and deny the very claim you signed up for insurance for.

There are two kinds of problems in terms of insurance, ones that can never be avoided and ones that in theory can be. It's unlikely but possible to buy and drive a car and never once get into an accident until the car is gone. It is impossible to drive a car without oil changes and tire replacement. Accidents are covered and the unavoidable is not.

The human body will require medical care. This is unavoidable. This is why it should not be left to private insurance.

What company so I know not to waste my money on them?

What was the "reason"?

Insurance does a fantastic job of making sure that the CEOs of the insurance companies make at least millions of dollars. Maybe that's why they call it insurance?

The bulk of that is not part of the minimum legal requirement though. My bill is less than $20, but that only goes towards paying for any damage my car causes others, I won't get any payout. If you get insurance that pays to repair or replace your car, that's separate and not legally required.

They never will until we make them! It's a scam.

what's single-payer health insurance?

Amen. And they will pay millions to run TV spots during major sporting events. Millions that could have paid claims. It's infuriating.

For some things saving for the risk is not possible for normal people. You probably can't have enough saved in case your house burns down, you maim someone with your car, you need a medvac from abroad etc.

That's what I do. Insurance is legalized extortion