<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>adetrest</author><text>I... Don&amp;#x27;t get this mentality. Yes replacing 25k worth of contents isn&amp;#x27;t &lt;i&gt;that&lt;/i&gt; big a deal (although it would suck), but in a fire there are other costs that dwarf your contents. Think about how much your building&amp;#x2F;unit is worth. If the fire started in your place, you could be responsible for all these damages (and especially your neighbour&amp;#x27;s). Can you afford to repay a whole new building for you and your neighbours + their contents? How about living out of a hotel for a few months while the place is being repaired (which repairs you&amp;#x27;ll have to cover too) and potentially paying your neighbours&amp;#x27; bills for that as well? How does that compare to a 1000$ deductible and a 300$&amp;#x2F;year premium? To me it&amp;#x27;s a no brainer. If you really want a low premium, get a 2 or 5k deductible, 5k contents, and shop around. You&amp;#x27;ll also get added protection like third party liability which is usually minimum 1 million $ and covers any damage you&amp;#x27;d do to other&amp;#x27;s property. Of course no-one wakes up thinking they&amp;#x27;ll set their house on fire or flood the unit under them. And yet that happens every day. I don&amp;#x27;t know anyone who didn&amp;#x27;t have insurance and who got struck by a fire&amp;#x2F;flood&amp;#x2F;other damages say that they regret nothing and wouldn&amp;#x27;t buy insurance if they could go back in time.</text><parent_chain><item><author>Scoundreller</author><text>This is why I try to avoid insurance policies wherever possible.&lt;p&gt;It’s still hard to argue with people questioning why I don’t buy insurance for my $25k or so of household contents in a relatively secure building.&lt;p&gt;I don’t care how cheap the policy is, I’m assuming they’re charging more than they payout on average, and I lock my doors consistently.</text></item></parent_chain></comment><story><title>Insurance Company Says NotPetya Is an “Act of War”, Refuses to Pay</title><url>https://ridethelightning.senseient.com/2019/01/insurance-company-says-notpetya-is-an-act-of-war-refuses-to-pay.html</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>Broken_Hippo</author><text>Because fire isn&amp;#x27;t going to affect you, obviously. The &amp;quot;security&amp;quot; of your house is only part of what folks buy such insurance for.&lt;p&gt;Only the privileged can do such things and get away with it. You&amp;#x27;d have to have enough money to have a nest egg large enough to replace the stuff you need and care about, money to replace documents and ID, money for a hotel and travel, and money leftover so that a second even in a short timeframe does not leave you horribly off.&lt;p&gt;Poor people go without insurance all the time, but that is more the lack of ability to pay the premiums.&lt;p&gt;And of course they are charging more than they are paying out - much like a retailer charges more for a product than it cost them to make. There are exceptions in both cases: A car accident can mean someone gets more benefits than they pay in and retailers take losses on some things - but it isn&amp;#x27;t the norm. The entire point, however, is that the risk is spread out so that most folks aren&amp;#x27;t hit with a life-destroying event when bad things happen. That&amp;#x27;s the real service you are paying a bit extra for. I find it weird that you&amp;#x27;d judge teh company on making money.&lt;p&gt;You can judge by how well they pay out claims - how much time it takes, what percentage they pay, and so on. Or how much money they make in total - and this should probably be something over a few years to balance out natural disasters.</text><parent_chain><item><author>Scoundreller</author><text>This is why I try to avoid insurance policies wherever possible.&lt;p&gt;It’s still hard to argue with people questioning why I don’t buy insurance for my $25k or so of household contents in a relatively secure building.&lt;p&gt;I don’t care how cheap the policy is, I’m assuming they’re charging more than they payout on average, and I lock my doors consistently.</text></item></parent_chain></comment><story><title>Insurance Company Says NotPetya Is an “Act of War”, Refuses to Pay</title><url>https://ridethelightning.senseient.com/2019/01/insurance-company-says-notpetya-is-an-act-of-war-refuses-to-pay.html</url></story>