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The typical insurance company returns are pretty small (~5%) so that alone doesn't seem to explain why prices are so high.
by d1zzy 7y ago
The typical insurance company returns are pretty small (~5%) so that alone doesn't seem to explain why prices are so high.
- hcknwscommenter 7y agoBut that's the return (net margin, not gross cost that the insurance company is adding to the whole system). You have to look at gross, which is way higher (~5x).