After my home insurance tried jacking my rates up over 30% a couple years ago, I cancelled. Best thing I ever did.
I've been carrying the most basic liability on my transports since I own them, finally own my home and living the dream.
I keep putting away what those payments might be, now I have a large emergency fund and I am my own insurance. The way it always has been.
The only thing that could impact me would me if my home just burns to the ground. In that case, it's God's will, and time to move on. And y'know what? I'll be just fine.
It's actually crazy. If I had saved all my car insurance payments over the years I could easily cover a new car. And it's not like I can ever access that money for anything if I need it.
I'd rather be my own bank and my own insurer than trust those greasy weasels.
You know when I switched houses, I didn’t have house insurance for months and then they didn’t want to give it to me because they said I let it “lapse” even though I was paying for decades at my other house.
I almost didn’t get it, but unfortunately, we have practice tornado warnings in this house and I also have a few relatives who come over and smoke in the backyard so I ended up getting it. I thought the same thing as you though, though if I lose my house, that’s the fate of God. If I get a leak, I will fix it with the money I save.
I’m glad I saved for those months but at the end, I didn’t have the balls to continue unfortunately 😢
Yes, definitely! When I lived in another state, it rained in everyone’s basements in the town next-door and people who were paying $2400 a year insurance, and this was 10 years ago, didn’t get anything back because the basement wasn’t covered in a flood. Lost many of their appliances, washer and dryer, air conditioners that were stored in the basement etc. One older man said if I saved that money for 10 years I would’ve had $24,000 to replace all that. What a shame!
Correct it’s so awful. Bad enough, we pay taxes, taxes, taxes on everything and then we have to pay insurance on top of that. It’s not a surprise that a lot of people are struggling.
"driving exposes both pedestrians and vehicle operators to a high energy kinetic hazard. But our minds do not analyze everyday life like a computer, and what we fear does not necessarily coincide with hazards that, perhaps, deserve more attention."
Urban driving is completely insane. Every time I go out I see either a) a wreck; b) aggressive and reckless behaviors likely to result in a wreck; or c) both. Yet people blithely ignore the fact that they are placing themselves in danger (and/or placing others in danger) because, hey, gotta get to work. I keep my head on a swivel.
Auto manufacturers, fuel conglomerates, and especially the insurance industry must be fed, like Moloch. Fucked-up system designed to keep workers impoverished, desperate and therefore docile.
I got hit as a pedestrian from an urban driver some years back. Not a good time living in the city. I remember every few months I'd see a wreck or a flaming wreck on the highway.
Every year the premiums keep going up and I wonder how much longer people can take it, same for property tax. I mean eventually there's gonna be nothing left to squeeze, and then what? Crazy times.
I’ve never carried insurance. I’ve been injured and paid for surgery twice. House never burnt. Car stolen once, police found it and I repaired it.
I think all that comes to about $10 thousand. ( surgery costs) Nearly 40 years of unpaid insurance- medical, car, house, equipment, phone etc.
Also Re the debt thing. I don’t respond well to bullies and alpha dominants like war lords and bankers. I always resented men who get to benefit from protection rackets. So I washed dishes for cash and saved for a deposit on shit land and took on minimal debt. $80 k in 2005.
Built my house bought rain tanks solar panels etc.
my wife and kids are warm, fed and happy and we don’t owe shit!
We live in a scam world. If we had a proper insurance system, we should be paying a fraction because of how much successive generations contributed to those rainy day funds. But people like to be assured they're safe and accept the scam because safety > freedom, apparently..
It's pretty sad. I think most people have that slave mindset, where the world outside the chains is too dangerous. I'd rather live with less and be left alone, but like they say, we're all in this together..
After my home insurance tried jacking my rates up over 30% a couple years ago, I cancelled. Best thing I ever did.
I've been carrying the most basic liability on my transports since I own them, finally own my home and living the dream.
I keep putting away what those payments might be, now I have a large emergency fund and I am my own insurance. The way it always has been.
The only thing that could impact me would me if my home just burns to the ground. In that case, it's God's will, and time to move on. And y'know what? I'll be just fine.
It's actually crazy. If I had saved all my car insurance payments over the years I could easily cover a new car. And it's not like I can ever access that money for anything if I need it.
I'd rather be my own bank and my own insurer than trust those greasy weasels.
You know when I switched houses, I didn’t have house insurance for months and then they didn’t want to give it to me because they said I let it “lapse” even though I was paying for decades at my other house.
I almost didn’t get it, but unfortunately, we have practice tornado warnings in this house and I also have a few relatives who come over and smoke in the backyard so I ended up getting it. I thought the same thing as you though, though if I lose my house, that’s the fate of God. If I get a leak, I will fix it with the money I save.
I’m glad I saved for those months but at the end, I didn’t have the balls to continue unfortunately 😢
I’m sorry I meant to say we have practice tornadoes in my town!
Agree.
Bravo!!! 👏🏻👏🏻👏🏻 Insurance is such a scam
Yes, definitely! When I lived in another state, it rained in everyone’s basements in the town next-door and people who were paying $2400 a year insurance, and this was 10 years ago, didn’t get anything back because the basement wasn’t covered in a flood. Lost many of their appliances, washer and dryer, air conditioners that were stored in the basement etc. One older man said if I saved that money for 10 years I would’ve had $24,000 to replace all that. What a shame!
Exactly. Like where is all that money going? Most likely it's being used for speculation which then pays out to the bureaucracy. Our system is crazy.
Correct it’s so awful. Bad enough, we pay taxes, taxes, taxes on everything and then we have to pay insurance on top of that. It’s not a surprise that a lot of people are struggling.
Sending this to my daughter
Wisdom should never be held back!
Thank you
Thanks! I'm glad you liked it enough to share :)
"driving exposes both pedestrians and vehicle operators to a high energy kinetic hazard. But our minds do not analyze everyday life like a computer, and what we fear does not necessarily coincide with hazards that, perhaps, deserve more attention."
Urban driving is completely insane. Every time I go out I see either a) a wreck; b) aggressive and reckless behaviors likely to result in a wreck; or c) both. Yet people blithely ignore the fact that they are placing themselves in danger (and/or placing others in danger) because, hey, gotta get to work. I keep my head on a swivel.
Auto manufacturers, fuel conglomerates, and especially the insurance industry must be fed, like Moloch. Fucked-up system designed to keep workers impoverished, desperate and therefore docile.
I got hit as a pedestrian from an urban driver some years back. Not a good time living in the city. I remember every few months I'd see a wreck or a flaming wreck on the highway.
Every year the premiums keep going up and I wonder how much longer people can take it, same for property tax. I mean eventually there's gonna be nothing left to squeeze, and then what? Crazy times.
I’ve never carried insurance. I’ve been injured and paid for surgery twice. House never burnt. Car stolen once, police found it and I repaired it.
I think all that comes to about $10 thousand. ( surgery costs) Nearly 40 years of unpaid insurance- medical, car, house, equipment, phone etc.
Also Re the debt thing. I don’t respond well to bullies and alpha dominants like war lords and bankers. I always resented men who get to benefit from protection rackets. So I washed dishes for cash and saved for a deposit on shit land and took on minimal debt. $80 k in 2005.
Built my house bought rain tanks solar panels etc.
my wife and kids are warm, fed and happy and we don’t owe shit!
Your piece resonates deep in my soul
We live in a scam world. If we had a proper insurance system, we should be paying a fraction because of how much successive generations contributed to those rainy day funds. But people like to be assured they're safe and accept the scam because safety > freedom, apparently..
Sounds like you made a good life for yourself :)
I'm glad you enjoyed my post.
Insurance is for-profit. Always gonna be expensive.
Awesome.
And the coward dies a thousand deaths.
It's pretty sad. I think most people have that slave mindset, where the world outside the chains is too dangerous. I'd rather live with less and be left alone, but like they say, we're all in this together..