Originally posted by mikemorvan
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Insurance companies leaving
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Originally posted by mikemorvan View PostInsurance companies are glad to take in premiums, not so keen on paying claims. But i understand the business of not placing a bet you know you're going to lose.
I think a very interesting argument can made in favor of eliminating all insurance. It would be a ******* of *******s to begin with. But in short order people, in my opinion, would: re-evaluate what and how they drive, what they live in and where they live, what they put in their bodies, etc., etc. It could / would be an interesting debate. If insurance were eliminated, it would cause some economic havoc for awhile, but i think that would resolve itself. Maybe not. I don't know... It's the end of a long day....
' s h o c k e r ' gets starred out? Wow. I guess i get that as well.... Ugh...
most were debt to assets heavy, people with 3 expensive cars & maybe a motorcycle , a boat , jet ski, extra house on the coast or lake
kiddos in school with a car . living on credit cards
there has to be a sealing to what the banking and insurance industry will coverLast edited by S-3 Ranch; 02-08-2024, 08:15 AM.
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