• @Reality_Suit
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    -13 hours ago

    That’s what I mean. We pay so much in taxes that everything should be taken care of for us. We have been deceived into thinking that we can’t possibly pay for all of this. Money is nothing to the US government.

    • @Cosmonauticus
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      33 hours ago

      Don’t know why they think their anecdotal experience means homeowners insurance isn’t a scam. Ask those homeowners in Staten island after hurricane sandy how great their insurance was

      • @[email protected]
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        fedilink
        23 hours ago

        Well, insurance itself isn’t a scam. There are just a lot of shitty insurance companies who have found a way to profit by not actually following through. Conceptually, it makes sense. But it shouldn’t be a profit driven business.

        • partial_accumen
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          12 hours ago

          Conceptually, it makes sense. But it shouldn’t be a profit driven business.

          You’re not required to use a profit driven insurance company (for things like home, life). You can choose to use Mutual Insurance company.

          What are mutual insurance companies?

          “An insurance company owned by its policyholders is a mutual insurance company. A mutual insurance company provides insurance coverage to its members and policyholders at or near cost. Any profits from premiums and investments are distributed to its members via dividends or a reduction in premiums.”

          Some of the big name companies are mutual insurance companies.