Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time?

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twack@lemmy.world ⁨11⁩ ⁨months⁩ ago

Yes, but car, home (or renters), and health insurance are required for the average person because all of those have a reasonable chance of absolutely bankrupting a regular person for life at any moment.

The alternative is to pay more taxes and have the government provide the insurance, which may or may not be better. There are pros and cons to both.

Either way though, you need the safety net that insurance provides.

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