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esalman • today at 8:54 PM • 2 replies • view on HN

"Risk is subjective" until damages occur to someone and it's time to file an insurance claim.


Replies

9rx • today at 8:59 PM

If there is something you don't believe is a risk, who are going to file a claim with? Normally insurers expect you to arrange insurance beforehand, which requires identifying something you believe is a risk.

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nsoam • today at 9:21 PM

Yes, that’s the exact definition of subjective