Health Insurance EV question

[AndysDaddy]

[ QUOTE ]
Do you think bill gates doesnt have insurance on his home because he is so rich he can buy a new one if it burns down?

[/ QUOTE ]

Depends on the value of the home. If he has a $400K hunting cabin up in the woods of Washington, I'd say no, he doesn't have insurance for it. Why would he? The varience there makes no difference to him at all. It would be like me insuring my kid's tricycle.

Of course, I'm sure he'd have some kind of umbrella policy against liability for the place, but that's not what we are talking about here.
--
Scott