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dharrisonwu · 11-30-2006, 03:03 PM

In assessing the amount of profits the insurance company will or will not make off a particular policy, you have to remember, that if the insurance company loses on your car (i.e., paying out more than they receive from you), they will be recouping this on other policies where there are no claims. So, the company still makes money.

I wouldn't worry about whether the insurance co. wins or loses. It's like the blackjack dealers in Vegas - - the house always wins in the long run. Otherwise, they would be out of business.

At the end of the day, how much is peace of mind worth to you?

11-30-2006, 03:03 PM	#8
dharrisonwu Registered User Join Date: Nov 2006 Location: Los Angeles Posts: 64	In assessing the amount of profits the insurance company will or will not make off a particular policy, you have to remember, that if the insurance company loses on your car (i.e., paying out more than they receive from you), they will be recouping this on other policies where there are no claims. So, the company still makes money. I wouldn't worry about whether the insurance co. wins or loses. It's like the blackjack dealers in Vegas - - the house always wins in the long run. Otherwise, they would be out of business. At the end of the day, how much is peace of mind worth to you? __________________ 2002 Seal Grey Porsche Boxster 2002 Silver Mercedes Benz ML320 2006 Jet Black BMW 325i USA :troll: