A contrarian view...March 20 2017 at 8:06 PM
|Julius (Login jmridgway)|
from IP address 22.214.171.124
Response to Watch Collection Insurance....
I don't insure anything I can afford to lose. And the things I do insure is with the highest possible deductible. In the long run, most folks will come out ahead. Insurance is a game where the majority subsidize the losses of the unlucky few. I'm well aware that I may turn out to be one of the unlucky few but I still limit my insurance coverage to losses that I literally can't afford or things I have to have like a roof over my head or transportation. If someone steals a watch, I've lost a watch, but the money was already spent and I don't HAVE to replace it if I don't want to. No insurance for me.