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North Dakota, USA | I know it sucks paying more and having coverage reduced, but why does that make them crooks? The premise of insurance is we all pay some $$$ to cover the bigger losses for the ones that happen. When cost of claims goes up, what should they do?
Insurance companies are in business meaning they do need to make money or they will not be in business long. Most have not made a profit in the past few years. Their options are raise premium, lower coverage, require higher deductibles, or leave the market. Which would you prefer? | |
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insurance companies
