Quote:
Originally Posted by cfos
And that is the life lesson. There are no "fare" police. There are only days you are at a loss, break even, or go ahead. And if you think about it, if you come out ahead, is that fair? I'm sure you don't consider a loss as being fair, do you? Well, in order for you to come out ahead, someone has to come out at a loss. You can't agree with being ahead and then complain about being fair. There is a reason Thomas More's Utopia is a work of fiction.
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The insurance company is paying out because their client pulled out in front of another vehicle collide with it and caused damages. It's an outcome they plan for and is underwritten into the premium. You have no idea if the insurance company "lost" on this policy or not. For everything that went wrong in this situation, the payout is relatively minor.