logoalt Hacker News

pyuser583today at 2:42 AM1 replyview on HN

In all fairness, this is exactly why insurance was invented: unreliable shipping. You just took out a policy, and the shipment didn’t make it you took the payout.

It creates a system that diminishes risk, but simultaneously diminishes incentives for improvement.


Replies

ForHackernewstoday at 9:54 AM

Ideally the incentives would be driven by the insurance companies: "Put a tamper-proof lock on your crate and get 50% off your theft insurance!"