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0 pointsseanp2k29y ago0 comments

I think that the other part with insurance is that insurers have no idea what the risk involved actually is (since it's not been around long) so they aim way high to cover themselves.

0 comments

nothrabannosir9y ago

They should aim as high as they can; the price of a product is not bounded by its cost, but by what people are willing to pay.

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0 pointsseanp2k29y ago0 comments

I think that the other part with insurance is that insurers have no idea what the risk involved actually is (since it's not been around long) so they aim way high to cover themselves.

0 comments

nothrabannosir9y ago

They should aim as high as they can; the price of a product is not bounded by its cost, but by what people are willing to pay.

j / k navigate · click thread line to collapse