@jasonjosephlee Car insurance is so expensive because if you read the contract, on some claims, you are contractually required to sue in order to obtain benefits
It’s not a joke. You are legally required to sue.
Which raises legal fees and those costs are passed on to the consumer.
@jasonjosephlee No
Insurance isn’t that profitable
Insurance companies underwrite to make 2% margin on insurance they write
They make the money by investing insurance premiums