If you must have the last word, just say so. You have suffered irritation with debate; I am not compelled to inflame it.
Transferring a risk in appreciation of premium dollars is not 'betting'. A brief study of insurance, or looking up the definitions of 'betting' and 'indemnification' in any dictionary would clarify this for most.
Premium is not earned by paying claims. It is earned by accepting risk, regardless of whether hazards become perils.
It is human nature to resent what is forced upon you. Forced or not, it would be wholly irresponsible, & stupid, to not plan for potential catastrophes.
Thank goodness there are people around that allow us to transfer the tremendous burden of those risks off of our shoulders, and onto theirs.
Insuring is not betting.
All rates, premiums, coverages, endorsements, and policy wording is dictated by the state...not the insurance company.
Repeating that 'I'm wrong' does not change these facts.
This is proudly how I make my living, and what brings me into contact with an industry abundant with impressive, intelligent, generous, and honest people. I do not gamble with the well being of my family, or the families of those I insure.
Perhaps you may understand my reluctance in accepting that you have a clearer understanding of my life than I do.
Again; if the back & forth exchange of information is bothersome, say the word. If needed, you can have the last word.