Originally Posted by
dolmar
What do you think insurance is for? Why do you think people use and are willing to pay for credit cards with enchanced insurance for? Because they fell sorry for the card issuer and want them to make more money? Citi them self toutes "Enchanced Insurance Benfits" as one of the benfits of the card. Amex claims buyers protection is a benfit of being a card member. I am not doing anything wrong. I dont tell the housekeeper to ruin my sweeters. I dont damage property on purpose. I am not commiting any fraud what so ever. Credit card issuers use there insurance benfits as "reasons to use there card over another or cash" what is wrong with taken advantage of "so called benfit"?
taking advantage of the "benefit" is how costs go up....lots of people take advantage of this benefit illegaly..not saying that you are though.....
and you are right about the insurance....not like I wake up in the morning, get in my 750 and haul A** and not have a care in the world since I have "INSURANCE".....
I do not do the above since I do not want to wreck my car and not have MY car to drive for the next few weeks.....I drive carefully so that I do not pay higher premiums to insurance company...which leads me to my point at the top....."to take advantage of a "benefit" leads to higher costs....
but I guess I just think differently.....