The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance. - Andrew Tobias

The life insurance policies advertised on the radio with the line "You cannot be turned down for this coverage!" are actually saying, " For policies this small, it would cost us more to decide whom to turn down than simply to accept everybody-and make them pay through the nose."

There are only two things as complicated as insurance accounting and I have no idea what they are.

The first American insurance company was the Friendly Society for the Mutual Insurance of Houses Against Fire, founded in Charles Town in South Carolina, in 1735.