A couple were told they faced a $200,000 (£146,500) medical bill when their baby was born prematurely in the US, despite them having travel insurance which covered her pregnancy.

  • thebestaquaman@lemmy.world
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    1 day ago

    I agree that the house is winning here (as always) and I also hate companies that squeeze us regular people for cash at every opportunity as much as the next person.

    My point is that I don’t really see buying e.g. house insurance as a gamble as much as I see it as paying a monthly fee for the peace of mind it gives me to know that I won’t be financially ruined by a house fire or a burglary. It’s not about making money in the long term for me, it’s about mitigating the consequences of highly unlikely but absolutely devastating events.

    • m3t00🌎🇺🇦@lemmy.world
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      1 day ago

      have insurance with allstate because it’s cheaper rate. hail damaged the entire neighborhood, 20 houses on two separate days. every other house on my street got 2 new roofs a month before allstate quit dragging their feet and released funds to do mine once. i paid my nephew extra to make it a metal roof and made allstate give me a discount. pay for itself and last long after i’m dead. peace of mind until you have to jump through hoops to make them do what you paid for.