Some thoughts on insurance:

Health, car and other insurances in their current inefficient form seem to be predominantly a Fiat phenomenon.

I rented a car today and decided against insuring it because the cost of insuring would have been almost as high as the cost of renting the car.

Needless to say I’m taking a risk here but doing the math and provided a total write-off doesn’t bankrupt me, it feels like a rational decision.

It has the additional positive effect that I’m far more careful and responsible than I would otherwise be with the car.

Of course insurances have their validity in distributing risk but in their current scammy and expensive form, I’m increasingly inclined to avoid them.