Excellent points; thanks. I'd only add that the insurer's incentive to reduce risks to their profits is not always aligned with consumer's risks. As a simple e

Excellent points; thanks. I'd only add that the insurer's incentive to reduce risks to their profits is not always aligned with consumer's risks. As a simple example, the insurer may require the vendor to have consumers sign away their legal rights to reduce the risk of expensive lawsuits.