[–] peacegnome 0 points 1 point 1 point (+1|-0) ago
Cars as a social status symbol is a scam. One little scratch shouldn't matter to you unless you are hoping to keep the car in mint condition for 30 years to have as a collectors item.
This irrational market forces new models, and so parts change. If you want to fix a 1998 corolla then it is dirt cheap. That car also got 38mpg. why can't I just buy that car? The demand is there, maybe not for $15k, but for people like me looking for cheap cars that run forever and have parts available.
We had a house fire and the damage was ~$60,000 which insurance paid. I figured out over the course of home ownership I had paid out about $60,000 in insurance money. I certainly did not hit a jackpot - but I would not have had $60,000 just laying around to cover the expenses either.
[–] honk_atcha_boi ago
If you had put that money aside, instead, you'd probably have had more.
Not that its relevant.
[–] starrychloe ago
Insurance covers disasters that you cannot afford to cover yourself. It’s a service which shift the burden of responsibility. If you can afford to just buy a new one, you don’t need insurance. However most people would be hard pressed to replace their house or car so they buy insurance. Phone insurance is pretty much a scam because everyone can afford a new cell phone (though there are really poor people out there).
Insurance isn't a scam. People use it wrongly. You need insurance for the situations you cannot afford to cover if they occur.
For instance, on my car, I have a high deductible. I only really need to worry about liability for injury to my passengers or totaling other cars. Or people in other cars. I could buy another car outright if I needed to. When I was younger and poorer, I could not afford $2,000 of damage to my car easily, so I had a lower deductible.
Health Insurance? High deductible HSA. Insurance should not be covering cheap regularly used items such as a yearly health check up. Or out of patent medications. Need regular insulin shots & test strips? Insurance becomes a middleman who undoubtedly makes it all more expensive.
[–] blumen4alles ago
Amen goat, I have said the same thing many times here.
The worst is mandatory insurance. When the government started fining people for not having health insurance, me and the government parted ways. Fuck you Obama, you Kenyan Muslim Faggot Usurper with a Tranny for a "wife" and two fake children. Fuck you too, jews!
[–] con77 0 points 1 point 1 point (+1|-0) ago
I worked at one of the top Buick GMC dealers in the country. If it was a slow service week all of a sudden every car and truck coming in still under warrantee needed new brakes and rotors. I'd see a pile of like new rotors waiting for the recycler to come get them.