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I think that the other part with insurance is that insurers have no idea what the risk involved actually is (since it's not been around long) so they aim way hi
by seanp2k2 11y ago
I think that the other part with insurance is that insurers have no idea what the risk involved actually is (since it's not been around long) so they aim way high to cover themselves.
- nothrabannosir 11y agoThey should aim as high as they can; the price of a product is not bounded by its cost, but by what people are willing to pay.