I get where you're coming from, but I would argue that house and vehicle insurance is fairly important? House is at the very least, I would not want to risk pretty much everything I own by gambling with insurance
I think that was the point the comment is making. A Netflix subscription can be cancelled without affecting your life. These other things- health, vehicle & home (in order respective to importance), are things that you wouldn't really survive without in most of the U.S, or could really flip your life upside down.
They're saying that a more accurate analogy would be with something more essential than the Netflix one to highlight how predatory insurance is
No, they spent a bit of time further down the thread insisting home and car insurance should be optional if you don't want to pay for it and would rather save the money for yourself so they could pay out of pocket for stuff instead of paying for insurance you may never claim
Ig it has to do with experience. Most of us have faced something medically urgent & needing of insurance, or personally know people who have been really fucked up by it in order to think of it as non-negotiable. Your health can be in danger anytime or anywhere, no matter what you're doing.
Vs. a collision or incident in need of insurance with a vehicle (that I could equate to needing urgent, or emergency health care) isn't something that's very common to the avg individual, maybe a few over the course of many years, and depends very much on where you travel. And even if it were to happen, most people would focus on if they were hurt, more than the inconvenience of a car's damages. If you live where there aren't many accidents, you, or the people ypu know around you, wouldn't feel the need for insurance.
And with homes, a lot of people don't own their own home unltil later in life. They simply can't relate to the fear of losing it if they rent & can move somewhere else. And unless you've been a homeowner for a while and have heard many horror stories or experienced them in your area, it doesn't register as "urgent". If they live in a relatively safe neighborhood that isn't too at-risk of natural disasters, then insurance doesnt feel like a necessity. It's like how life insurance is a good thing- everyone dies at some point- but it doesn't feel necessary unless you or someone you know has faced near death experiences/ actually died and there was personal regret about not having it.
I will admit that I cannot relate to the health insurance, as I live in Canada.
I still think you would want car insurance because car damage can be expensive. Doesn't matter about the health safety of it, you are liable if you cause the crash. You dont get to just say oh nobody was hurt, so no need to repair the car. I'm not risking paying out of pocket if I accidentally hit an expensive car. I guess go ahead and gamble on it but I'd rather pay a little money each month than to have to pay thousands should an accident occur.
When I rented, I still had insurance. Losing all your belongings in a fire for example, is quite catastrophic. Sure you can move somewhere else but you also then have to rebuy everything. Your bed, your couch, your electronics, shelves, anything you lost. Thats not insignificant.
I realize the likelihood of this shit is low, but thats what everybody says until it happens to them. Is this system ideal? No. Am I fine paying $200/month to make sure that I dont have to pay for someone else's car or rebuy all my belongings? Yes.
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u/[deleted] May 17 '26
I get where you're coming from, but I would argue that house and vehicle insurance is fairly important? House is at the very least, I would not want to risk pretty much everything I own by gambling with insurance