4 ms·

depends on the premium, obviously

• dataflow 2y ago
  What depends on the premium? In my mind, you state the item and the value, they tell you the premium they would cover it at. Where's the perverse incentive, and why is it relevant what anybody else would pay for it?
  • listenallyall 2y ago
    If you intend to insure a pillow for $1 million, expect the premium to cost about $999,950.
    • dataflow 2y ago
      I wrote as much in https://news.ycombinator.com/item?id=41755211 https://news.ycombinator.com/item?id=41755211
      • listenallyall 2y ago
        Then why did you object to zabzonk's comment?
        • dataflow 2y ago
          Because I don't see what the perverse incentive is?
          • zabzonk 2y ago
            burning your house down?
            • dataflow 2y ago
              Have you seen the other threads?