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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
by 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 agoIf you intend to insure a pillow for $1 million, expect the premium to cost about $999,950.
- dataflow 2y agoI wrote as much in https://news.ycombinator.com/item?id=41755211 https://news.ycombinator.com/item?id=41755211
- listenallyall 2y agoThen why did you object to zabzonk's comment?