Libertius 3 Wrote:
Jun 06, 2012 1:09 PM
You voluntarily bought a car and then voluntarily paid up front to insure it, thereby choosing of your own free will to join a certain pool - a limited segment - of other individuals (also of their own free wills) to share your risk. Your loss is paid once (not once each month, ad infinitum) and you are restored to the financial position in which you were before you sustained your loss. Now I am sure you can see the faults within your analogy.