Hi, I was reading the shop heat thread and it got me to wondering how many of us forgo insurance altogether?
I have insurance now because I have a mortgage. But I think when I retire I'll self-insure... no house or shop insurance. It just really bothers me how much money I give to insurance companies, and they never give it back. I feel like I'm paying them for nothing, kinda like taxes... I realize we do get something for our taxes, but there's a lot of things I wish they wouldn't waste my hard-earned tax dollars on.
Insurance companies make astounding profits, why shouldn't I self-insure?
Do any of you guys do that?
Bye for now,
Troy
I have insurance now because I have a mortgage. But I think when I retire I'll self-insure... no house or shop insurance. It just really bothers me how much money I give to insurance companies, and they never give it back. I feel like I'm paying them for nothing, kinda like taxes... I realize we do get something for our taxes, but there's a lot of things I wish they wouldn't waste my hard-earned tax dollars on.
Insurance companies make astounding profits, why shouldn't I self-insure?
Do any of you guys do that?
Bye for now,
Troy