Don't have much experience with insurance companies - i only use them for mandatory things like health insurance and corporate liability insurance and car insur

Don't have much experience with insurance companies - i only use them for mandatory things like health insurance and corporate liability insurance and car insurance - all of which come so cheap here in Europe frankly idgaf if they are indeed scams - plus, my insurer paid a nice amount to the other side when i got into a drunk car accident 13 years ago and i never had a problem with them. As for banks, what's the problem about them? They get to be a little bit of pain because of KYC, but otherwise, what's wrong about them?