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United Insurance Agencies Blog: risk distribution

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Alright kids, settle down.  Class is starting! Insurance is, in it's most basic form, distributing risk.  If you are certain that 1 in 10 people are going to get into an auto accident this year that will cost $10,000, if you get 9 other people to put $1000 into a pool with you, you each have only paid $1000 instead of one of you paying $10,000. READ MORE >>

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