Harry Browne Quotes:
Ocupation: Writer
Life: June 17, 1933 - March 1, 2006
Birthday: June 17
Death: March 1
Insurance is meant for extraordinary circumstances. You don't use car insurance to pay for oil changes or gasoline; you have it as protection in case you have a terrible accident or your car is stolen. You don't use homeowners' insurance to pay your electricity and water bills; you have it as protection in case a fire or other catastrophic event produces a large expense. Obviously, any insurance policy that promises to cover every small, ordinary expense is going to be much more expensive than one that covers only extraordinary expenses.
topic: Fire, Oil, Car, Insurance Policy, Oil Change, Homeowners, Government Programs
