Any insurance, be it car, house, life. It's all scams. You're essentially paying someone legally to bet on your behalf, and than getting a pittance of a payout. That's ONE problem. The more annoying problem, is rapid hyper inflation in whatever industry is touched by insurance. Car insurance for example, a small light bulb used to cost a few cents to replace. Now, you need to buy the entire casing, the wiring, and it costs 1200$ not including labor. This is because you only pay the deductible, so everyone and their mother can skimp from the top. Same with homeowners insurance. A simple home inspection is 500$. In 1955, getting a deed/house title notarized and approved was 1$ …. I know because I saw a historical document to that effect. Thanks jews! A true blessing to the world /s
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[–] Broc_Lia 0 points 6 points 6 points (+6|-0) ago
A hundred years ago it was called a "fraternal society" and almost everyone was a member of one. It was like a social club that also provided health coverage, income insurance and life assurance.
Then (((Roosevelt))) got worried the fraternal societies were keeping america divided along ethnic lines and not promoting the melting pot he wanted, so he abolished them. The result was that they got replaced with big jewish insurance rackets which had no ties to the communities they were insuring, and the inevitable misbehaviour resulted in a mountain of regulation, driving prices up and competition down.