Scenario: I pay X amount of dollars per month for car insurance. I have all 4 tires stolen from my vehicle overnight. I submit a claim with my insurance company to repair any damages. I now pay a **hefty** X amount of dollars for the event that has occurred.
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Long story short if they didn’t use deductibles your premium would just be higher. They have complex mathematic formulas that drive all of this and they make sure they make their profit one way or another.
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