09-04-2015, 10:29 AM
(09-04-2015, 10:27 AM)SteelCitySouth Wrote: Most people are required to take out insurance on their cars do to not truly owning them. Those that own, nearly everyone has at least the minimum of liability (Some states allow you to pay a fee to be exempt form insurance on vehicles). Nearly everyone is required to have insurance on their home because they have a mortgage. Plenty of extremely rich people forgo insurance even on multi-million dollar homes and choose to self insure.
Thanks for the story. Was there a point?
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