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Wood chipper insurance


tonytree
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13 hours ago, Shane said:

It really pees me off that Insurance is supposed to be a service where we all pay a premium into a pool then those who need to claim are paid out of that pool.

That was the original ethos for the welfare state and has nothing to do with insurance, insurance is a bet just like the lottery or a betting shop. Just look on insurers as being posh bookies, they quote the odds so they will always win.

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8 hours ago, openspaceman said:

That was the original ethos for the welfare state and has nothing to do with insurance, insurance is a bet just like the lottery or a betting shop. Just look on insurers as being posh bookies, they quote the odds so they will always win.

The problem we have is that the odds of our gear getting nicked is pretty high these days. Also our industry does unfortunately include large numbers of the kind of people who would think nothing of defrauding an insurance Co.

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