Originally Posted by
nesteel
To think, there was a time when people didn't feel they had to insure everything........
What's that supposed to mean? It's a simple financial hedge.
I guess we could all long for the glory days of a tornado hitting granny's farm and losing everything because people didn't insure their belongings back in the way back. Right?
Depending on your policy, most expensive single items would have to be specially called out and the extra fees may not be worth while. I "self-insure" all my camera gear and my bikes.
My daughter's braces just came off and they were trying to pimp "appliance" insurance to me for her retainer... $95 a year, but you can buy the retainer at half price if she breaks or loses it. $300 for a new retainer otherwise. So I looked at her and said, "so what you're telling me is that if I need to get a new retainer under this program, it's $250 or $300 otherwise" and she looked at me like I had three heads. "No, it's only $150". Le Sigh.