It is a foregone conclusion that the Insurance Industry is the most crooked industry in the world. With the companies that continue to steal money and get away with non-payments, simply because they can deny a claim. The problem with this is reality. You are paying the premium, that means you are the master. The insurance company needs to do what it is told to do, when it is told to do it. How many of you have seen this:
The simple fact that they can deny your claims, make them an industry that can easily be replaced now thanks to crypto currency and self responsibility.
What you can do is simple, instead of paying the crooked insurance industry a premium every month, take that same amount of currency, and place it in a staking wallet, which will add interest. Now every month you will have your premium gain interest as you keep paying it into your wallet.
When you need to fix something, all you have to do is get three quotes, determine how much is there and use what you need to pay for the repairs. This does not only apply to home owner’s insurance, it can apply to all insurances including, but not limited to:
and many others.
The possibilities are endless, just as the innovation of the crypto currency world. There is no need to pay companies big money that never do what you need. The game is now in the favor of the people, and if any insurance company wishes to survive, they will not be able to do anything but what the customer, or rather, the real boss wants and needs.