Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time? - eviltoast

On every single professional sports game I’ve ever seen, every single show, every single channel. Isn’t this our fucking money you’re meant to give out should, god forbid, something happen?

Why is it even legal to do this? Blowing this money on CONSTANT, DUMB fucking little fucking cutesy fucking skits, not even trying to fucking pitch anything anymore, just burning money on TV and laughing at us while the fucking lemur does epic bants. it makes me so fucking sick, these people should be chained in the dungeons for the rest of their lives.

It’s illegal to not have car insurance so why the fuck do they think we need to see this constant fucking microwaved vomit fucking garbage every fucking second every fucking show every fucking channel??

thank you

  • The_v@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    1 year ago

    The amount the company must maintain on hand depends on the state. In some states it’s less than 1% of the policies written. Most of the time they only hold enough out of their premiums to cover an average of 2-3 years of claims.

    The reason it’s so low is because of federal disaster relief when something big happens. The insurance companies advocate for it to be called a federal disaster. Then the government steps in and foots part of the bill. The poor are usually left losing everything.