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related to automobile insurance. There is also a generic insurance tag.

9 votes

Why is net worth a recommended minimum for insurance coverage

The keys here is both that Bankruptcy is a thing, and you are going to fight much, much harder against a suit that goes after your assets than one that goes after your insurance coverage. The distribu …
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81 votes
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For very high-net worth individuals, does it make sense to not have insurance?

Just ask Kelly Yes, it can sometimes make sense to not insure as a high-net-worth individual (or corporation!), and the math that tells you when is called the Kelly Criterion. The Kelly Criterion is o …
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