>>Having insurance is gambling, but not having insurance is also gambling. This is because life itself is a gamble. We don't know what the future holds and we h

>>Having insurance is gambling, but not having insurance is also gambling. This is because life itself is a gamble. We don't know what the future holds and we have the choice to insure or gamble on just about any aspect of our lives. You could say insurance is an attempt to stop the fortune to gamble against you for a specific case (like flooding your house). You are already the party in a gamble and insurance is a way out.