Co-Insurance

Few things are more frustrating than getting less than what one thinks they paid for. When we make a deal, whether it is to hire a job done, buy a car, secure insurance or anything else, we assume all parties will keep their ends of the bargain. If you are paying fifty dollars to have a couple of cars washed or detailed, you anticipate that will happen before you part with the money. If you are buying a car, you check it out first to be sure you are getting your money’s worth. Payment-after-the-fact eliminates a lot of the buyer beware dangers that accompany most purchases. Insurance does not lend itself to such a safeguard.