How Does Insurance Work?

Share this & earn $10
Concerning Reality
Published at : 09 Sep 2021
43503 views
1118
38

Insurance, it’s the annoying necessity that we all pay for to make sure we don’t end up in massive amounts of debt if our house burns down, if we crash our car, or if something tragic happens.

Get a free stock with WeBull: https://bit.ly/2tBxZYv
Get a free stock with Robinhood: https://bit.ly/3cB9Xxa

Insurance helps us maintain peace of mind, knowing that even if something bad does happen, someone else is going to pay for what it costs to fix it. Though, to an untrained eye, this can be a little perplexing. I mean, if you pay $200 a month for home insurance and after only 6 months your home burns down, the insurance company will buy you a new home, likely in the manner of hundreds of thousands of dollars. But, you would’ve only given them $1200. Why would they do that? That’s the power of insurance, baby.

All images and videos courtesy of the creative commons or used in accordance with fair use laws. For questions or concerns, please use the contact section on our channel.

Music:

CGI Snake by Chris Zabriskie is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)
Source: http://chriszabriskie.com/divider/
Artist: http://chriszabriskie.com/

insurancehow does insurance workaccountant

Prof. Malcolm Kell talks about the usage of synthetic mesh in contrast to biologics

Prof. Malcolm Kell talks about the usage of synthetic mesh in contrast to biologics

People Who’ve “Gone Out for a Pack of Cigarettes” and Never Returned, What Happened After You Left?

People Who’ve “Gone Out for a Pack of Cigarettes” and Never Returned, What Happened After You Left?

KSI - TRANSFORMING (Official Music Video)

KSI - TRANSFORMING (Official Music Video)

The Music Staff- Getting Ready to Read Music

The Music Staff- Getting Ready to Read Music

Live Performances That Completely Destroyed Careers

Live Performances That Completely Destroyed Careers

New Take on ...Made just for you... Nostalgic ASMR

New Take on ...Made just for you... Nostalgic ASMR

Inside the Largest Living Thing On Earth!

Inside the Largest Living Thing On Earth!

Have A Look

Have A Look

What is NEED FOR ACHIEVEMENT? What does NEED FOR ACHIEVEMENT men? NEED FOR ACHIEVEMENT meaning

What is NEED FOR ACHIEVEMENT? What does NEED FOR ACHIEVEMENT men? NEED FOR ACHIEVEMENT meaning

How To Build A Website in 2022 ~ A Free Website Tutorial For Beginners

How To Build A Website in 2022 ~ A Free Website Tutorial For Beginners

4 ways to use SUGGEST - English vocabulary lesson

4 ways to use SUGGEST - English vocabulary lesson

Straight Forward

Straight Forward

ALEX TERRIBLE - МИХАИЛ ШУФУТИНСКИЙ - 3 СЕНТЯБРЯ (METAL COVER) RUSSIAN HATE PROJECT

ALEX TERRIBLE - МИХАИЛ ШУФУТИНСКИЙ - 3 СЕНТЯБРЯ (METAL COVER) RUSSIAN HATE PROJECT

Emeli Sandé - Hurts (Official Music Video)

Emeli Sandé - Hurts (Official Music Video)

Intro to Conditional Probability

Intro to Conditional Probability

Naturalize & Benzoo - One Among Many (Official Audio)

Naturalize & Benzoo - One Among Many (Official Audio)

Steak Experiments - How Frequently Should you Flip a Steak?

Steak Experiments - How Frequently Should you Flip a Steak?

A.M.R - Everything In Its Place [Silk Music]

A.M.R - Everything In Its Place [Silk Music]

Press Release No 186/2021 - 3rd PACES Competition Commenced - 1 Nov 2021 | ISPR

Press Release No 186/2021 - 3rd PACES Competition Commenced - 1 Nov 2021 | ISPR

'A random group of Americans are an exceptional group of people': Bush speaks at 9/11 memorial

'A random group of Americans are an exceptional group of people': Bush speaks at 9/11 memorial

Restrict Editing to Specific Parts and Lock Parts of a Microsoft Word Document

Restrict Editing to Specific Parts and Lock Parts of a Microsoft Word Document

The Simplest Math Problem No One Can Solve - Collatz Conjecture

The Simplest Math Problem No One Can Solve - Collatz Conjecture

Bhulekh UP Land Records - खसरा, खतौनी, खाता Online

Bhulekh UP Land Records - खसरा, खतौनी, खाता Online

"Apparently" This Kid is Awesome, Steals the Show During Interview

"Apparently" This Kid is Awesome, Steals the Show During Interview

very fact moments 🤣🤔

very fact moments 🤣🤔

Substantial Weekly: 11.19.21 - Live from Anime NYC w/ KDFoxx, + Q&A

Substantial Weekly: 11.19.21 - Live from Anime NYC w/ KDFoxx, + Q&A

Stress-Free Studying 📚 - An Indie/Folk/Pop Playlist | Vol. 1

Stress-Free Studying 📚 - An Indie/Folk/Pop Playlist | Vol. 1

Jak zarobić miliony na jednej umiejętności? Krzysztof Stanowski [Expert w Bentleyu]

Jak zarobić miliony na jednej umiejętności? Krzysztof Stanowski [Expert w Bentleyu]

Dolby Digital - HD Surround Sound Test

Dolby Digital - HD Surround Sound Test

Determine if a quadratic has a max or min value then find it (mistake)

Determine if a quadratic has a max or min value then find it (mistake)

REALLY AWESOME FAN SOUND FOR SLEEP | White Noise For Superb Slumber, Studying & Relaxation

REALLY AWESOME FAN SOUND FOR SLEEP | White Noise For Superb Slumber, Studying & Relaxation

Deregulate Tapioca

Deregulate Tapioca

ATYPE - The Passion Of Goa #9 - Beach Edition

ATYPE - The Passion Of Goa #9 - Beach Edition

Hunt for the Wilderpeople: "There are always two doors to choose from"

Hunt for the Wilderpeople: "There are always two doors to choose from"

A Rabbi, a Priest and an Atheist Smoke Weed Together | Strange Buds | Cut

A Rabbi, a Priest and an Atheist Smoke Weed Together | Strange Buds | Cut

Ευτυχισμενοι Μαζι-Best Of Φωτης Τσιγδεμογλου/Μαστραπας

Ευτυχισμενοι Μαζι-Best Of Φωτης Τσιγδεμογλου/Μαστραπας

TapSnap’s Seeing Green with our Interactive and Engaging Green Screens

TapSnap’s Seeing Green with our Interactive and Engaging Green Screens

(Modern) ⚪🔵⚫🟢 Griefing Gyruda - Gyruda Is (Hopefully) Giving Us Grief!

(Modern) ⚪🔵⚫🟢 Griefing Gyruda - Gyruda Is (Hopefully) Giving Us Grief!

Imply & S2E partner to redefine analytics - Italian

Imply & S2E partner to redefine analytics - Italian

The Magistrates' Court

The Magistrates' Court

Ayzha Nyree - No Guidance (Remix) (Lyrics) - Before i die I’m tryna f you baby

Ayzha Nyree - No Guidance (Remix) (Lyrics) - Before i die I’m tryna f you baby

8 IMPORTANT Composition Tips for Better Photos

8 IMPORTANT Composition Tips for Better Photos

ራስን በፍጥነት መቀየር 6 ቀላል መንገዶች

ራስን በፍጥነት መቀየር 6 ቀላል መንገዶች

10 Secrets for a Clean and Organized Home

10 Secrets for a Clean and Organized Home

Crisis Looms: I Just Bought More Gold and Like it More Than Ever Reveals Gerald Celente

Crisis Looms: I Just Bought More Gold and Like it More Than Ever Reveals Gerald Celente

SHOCKING Theory on How Ali Is STILL ALIVE In Squid Game!

SHOCKING Theory on How Ali Is STILL ALIVE In Squid Game!

The Weirdest Bot Farm You’ve Ever Seen! | J-Mod Leaves Jagex | OldSchool Runescape Reviews (OSRS)

The Weirdest Bot Farm You’ve Ever Seen! | J-Mod Leaves Jagex | OldSchool Runescape Reviews (OSRS)

6 REALLY UNUSUAL VIDEO CARDS!

6 REALLY UNUSUAL VIDEO CARDS!

Johnnie Walker- Joy Will Take You Further

Johnnie Walker- Joy Will Take You Further