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The math isn’t as simple as you make it out to be. See insurance companies have volume and can negotiate better rates and policies. For example they can get 30
by rdtwo 5y ago
The math isn’t as simple as you make it out to be. See insurance companies have volume and can negotiate better rates and policies. For example they can get 30-50%labor rate discounts or negotiate lower costs for recurring visits and discounted parts costs. As such is perfectly possible for insurance to be cheaper than uninsured services.
- _carbyau_ 5y agoIn which case it is less about being insurance and more about being an appliance servicing company - even if the work is outsourced. Put the two together - insurance and appliance servicing company = your described scenario.
- rdtwo 5y agoExactly a lot of These companies are like hmos of appliances. Health insurance in the us isn’t really insurance either. If it was pure insurance most people would only by catastrophic