tag:blogger.com,1999:blog-5104479.post1343698510427838732..comments2023-05-27T23:20:32.194+10:00Comments on Marco's Blog: To insure or not to insure?Marco Parigihttp://www.blogger.com/profile/00702055111711651319noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5104479.post-25810638252467795672008-10-17T20:49:00.000+10:002008-10-17T20:49:00.000+10:00Gaack! You are gamer than me. $37.90 US, August 17...Gaack! You are gamer than me. $37.90 US, August 17th 2009. (West Texas Crude)Dr Clamhttps://www.blogger.com/profile/14985493422534275997noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-91340422099838383692008-10-17T16:23:00.000+10:002008-10-17T16:23:00.000+10:00OK :) October 29th 2010 - $25 US per barrell.OK :) October 29th 2010 - $25 US per barrell.Marco Parigihttps://www.blogger.com/profile/00702055111711651319noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-30617157624336180262008-10-17T10:35:00.000+10:002008-10-17T10:35:00.000+10:00To change the subject, I think we will see your 40...To change the subject, I think we will see your 40$US barrels of oil next year. Shall we take bets on the minimum price and the day it is quoted?Dr Clamhttps://www.blogger.com/profile/14985493422534275997noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-40827209553767985032008-10-13T16:03:00.000+10:002008-10-13T16:03:00.000+10:00Hear, hear! Here are some of my main quarrels with...Hear, hear! Here are some of my main quarrels with insurance as it is currently operated:<BR/><BR/>(1) If it is run as a 'for profit' enterprise, there will always be strong incentives to find excuses not to pay people, drum up baseless fear, and target the weakest and most easily exploited groups in the community.<BR/><BR/>(2) The presumption of guilt by the insurance companies, and their overall pricing policies, act to normalise and encourage criminality. "They didn't recognise my perfectly valid claim last time, so it's fair for me to rip them off this time." Or: "I will lose my no-claim bonus, so I may as well claim for all this unrelated damage." <BR/><BR/>(3) The presumption that everyone is insured and the insurance company will take care of property damage reduces the 'guilt barrier' louts need to overcome to break stuff.<BR/><BR/>(4) Insurance allows ratbags with no friends to survive calamities without changing their behaviour. This makes them more likely to pass on their memes and less likely to undergo life-changing conversion experiences from their sudden reversal of fortunes.Dr Clamhttps://www.blogger.com/profile/14985493422534275997noreply@blogger.com