Originally Posted by
SeeBuyFly
There's no other industry where the customer randomly pays extra for 'acts of god'. If you buy a car, they don't tell you that you have to pay more than someone else because a storm interrupted delivery of your car. If you're at a restaurant, they don't tell you the bill is higher today because there was a power outage. Instead, the quoted price includes the cost of such random occurrences.
Yes, I know, they say people want low ticket prices. But actually airlines maximize their profits by not 'self-insuring' against unexpected costs but passing them on to passengers.
Actually, Insurance does just that. If your car is damaged by hail stones or by a tree that falls on it, you're on the hook for the deductible - provided you have coverage at all (i.e., comprehensive).