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Business Insurance Comparison

Monica Said:

Where's the outrage over businesses stealing $58 billion?

We Answered:

Don't know how true this is
reporters some times get things a little blown out of proportion
.
If it is then the IRS has a back log of work to do
.
And with Americas industry and business reputation I wouldn't doubt it
.

Herman Said:

How can car insurance companies justify this?

We Answered:

The premium is not just about the risk to the value of your car, its the risk of damage to third parties in an accident and what that will cost, though all things being equal, it is not immediately obvious why an increased value of a vehicle would reduce the premium. As an educated guess, it could be based on claims statistics of people who own cars of certain values. This sot of thing can be demonstrated buy the apparent practice of some insurers to change the premium based on the colour of the car.

Brett Said:

In what era were doctors paid the most? (in comparison to engineers and lawyers?)?

We Answered:

Possibly the 70's; although most MDs never make anything like well-paying lawyers make (there are many lawyers just getting by, but the higher paid ones in the corporate world are very very well paid). Engineers have always made a very solid middle income wage, but they are at the whim of the industry & have had to move as the large companies move (my father was an aerospace engineer). Medicine traditionally, has never really been about money. Doctors in the 1700-1800's were not paid all that well and worked very hard; as is true for almost all decades since except may be a few in the "roaring 70's-ish to Reagan years" when a lot of different professions raked in money. Further, MDs have always had a lot of overhead that other fields do not have: multiple licenses that need renewal, CME requirements, malpractice premiums, books & equipment.

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