Insurance Purpose Debate

The cluster centers on discussions explaining the fundamental role of insurance in covering unlikely but catastrophic financial risks, with many commenters responding to perceived misunderstandings by stating 'that's what insurance is for.'

📉 Falling 0.5x Finance & Crypto
4,975
Comments
20
Years Active
5
Top Authors
#6562
Topic ID

Activity Over Time

2007
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Keywords

PMI MacBook USD i.e insurance insure insurer value mitigation accountability 500 29 hedge cost

Sample Comments

tedunangst • May 27, 2023 • View on HN

Heh, the real reason to have insurance.

tantalor • Feb 5, 2021 • View on HN

Explain what "insurance" has to do with it?

johnnyanmac • Nov 1, 2024 • View on HN

isn't that exactly what insurance is for?

Salgat • Mar 19, 2023 • View on HN

Isn't this what insurance is for?

mmirate • Feb 1, 2018 • View on HN

Isn't this what insurance is for?

jeffsco • Jul 25, 2014 • View on HN

The premise seems false. The insurance is against the cost, as is usual.

abenga • Nov 5, 2025 • View on HN

That's the point of insurance.

home_boi • May 20, 2016 • View on HN

Isn't that what insurance is for?

tamana • Sep 1, 2016 • View on HN

Insurance isn't magic pixie dust, it just moved the cost around.

userbinator • Aug 27, 2024 • View on HN

You just described the whole concept of insurance.