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If the data made their rates look like a fair deal they'd be plastering it on billboards.
by potato3732842 2y ago
If the data made their rates look like a fair deal they'd be plastering it on billboards.
- chii 2y agoTheir competitors would also know, and specifically know which category to compete in to do the most damage.
- potato3732842 2y agoI don't think that's possible. I don't think this is a "cooperate greed, nobody wants to end the gravy train by starting a price war" situation. I think it's a "the myriad of stuff you have to do to run a compliant company sets the price floor" situation. The fact that there is no nuclear "well I guess I just can't afford insurance, if I lose my house so be it" option available to customers prevents it all from caving in.