"Bob F" wrote in message
news
On 4/29/2018 7:58 AM, Jimmy Wilkinson Knife wrote:
On Sun, 29 Apr 2018 15:38:56 +0100, Bob F wrote:

On 4/29/2018 7:22 AM, Jimmy Wilkinson Knife wrote:
On Sun, 29 Apr 2018 14:43:18 +0100, dpb wrote:

On 4/29/2018 8:36 AM, Jimmy Wilkinson Knife wrote:
...

So it wasn't really necessary to have it there.

Insurance is only necessary after the fire, too...

Insurance is a con. Remember, insurance companies make a profit....


Only if you can afford to rebuild your house after the fire without
insurance.

But it's not likely to happen. Look at the odds. What percentage of the
value of your house do you pay to the insurance company? Now on average
they make a profit, so the chances of actually needing a full payout must
be virtually nothing.

Do you actually OWN a home?

Yes he does.

Do you have the money to replace it?

Very unlikely to need replacing. Much more
likely to just need repairing at most.

If it burns down,

Mine can't, its almost entirely concrete, glass, steel, quarry tiles etc.

will you ever be able to own one again?

Yep, I could just pay for the replacement or literally buy another.