[goldstategop]

More accurately, insurance is about risk AVOIDANCE. The fewer claims they have to pay out, the better it is for insurance companies' bottom line. People carry insurance to avoid either a catastrophic loss or shield themselves against lawsuit liability. You may be the most careful person in the world but you can't control what other people around you do.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

[laotzu]

More accurately, insurance is about risk AVOIDANCE.

There are several methods to deal with risk. Transferring, avoiding, and accepting risk are three of those methods.

Insurors allow others to transfer their risks onto the insurance company.

You are confusing these very different methods with each other. Insurance companies ACCEPT risk, which is the opposite of AVOIDANCE.

If you want to know about insurance, read a book. But, for Gods sake, don't make it up and pretend to know something about it.