If you can predict your claims why bother paying for insurance at all until you need it? We're both commenting on a post about an insurer that's bailing becaus

If you can predict your claims why bother paying for insurance at all until you need it? We're both commenting on a post about an insurer that's bailing because they are having to pay out more than they can afford in the face of increased natural disasters. The most relevant information I could find claimed that the average Oregon homeowner makes a claim roughly once every nine years (or somewhere over five claims in your timeframe). So, yeah, a high deductible seems insane to me.