ST Alpha - "Pet insurance is a scam, imo. -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 154

In response to "I have several companies on my watchlist that I find interesting. One is a company which provides pet insurance." by Baron Please Come Home

Pet insurance is a scam, imo. -- nm

Posted by znufrii, boosted (aka znufrii) Dec 8 '21, 07:12

(No message)

Responses:

It can be very useful. There are different plans and some like an accident only plan can be helpful if something happens. - Krusty Dec 8, 07:20 4
- Except the only way for companies to make it work financially for the high-use case is to sucker enough of the low-use cases into buying their product. -- nm* - znufrii, boosted Dec 8, 07:25 3
  - I mean that’s how insurance works. -- nm - spamlet Dec 8, 07:28 2
    - If the baseline risk is high enough to ensure broad participation and avoid the self-selection problem, sure. -- nm - znufrii, boosted Dec 8, 07:39
    - Beat me to it. -- nm - Baron Please Come Home Dec 8, 07:30
In what sense? Doesn't cover expected services or not worth the cost? -- nm - Baron Please Come Home Dec 8, 07:16 2
- Well, I had flood insurance that paid off when I had a flood. But my pet insurance paid squat when I got a pet. -- nm - rollo Dec 8, 08:09
- Maybe it’s changed, but it always seemed expensive for what it purports to cover, and doesn’t actually cover as much as people expect it to - znufrii, boosted Dec 8, 07:21

Post a message top

Replies are disabled on threads older than 7 days.