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The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.

Andrew Tobias

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Andrew Tobias
Age: 77
Born: 1947
Born: April 20
Journalist
Writer
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More quotes by Andrew Tobias

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There's no such thing as altruism.
Andrew Tobias
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Now listen. You can't fool all the people all the time-- but I want you to try.
Andrew Tobias
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Man's natural life span, 75 to 90 years or so, has not increased. It is the number of us who manage to attain it that has increased.
Andrew Tobias
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Life insurance is a commodity.
Andrew Tobias
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Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals.
Andrew Tobias
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The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759 (still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).
Andrew Tobias
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It's very nice to be able to be who you are.
Andrew Tobias
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Hay fever suffers tend to be above average in intelligence.
Andrew Tobias
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The industry cannot long offer unneeded or overpriced insurance if people will not buy it.
Andrew Tobias
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But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend not to be too guilty about winning.
Andrew Tobias
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People don't need to find reasons to justify their not giving. What they need to find is the inspiration to give. And those who don't, but could afford to, are missing out on one of wealth's greatest luxuries.
Andrew Tobias
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No wonder lawyers, who control the legal system, have fought so hard, and with great success, against no fault insurance. No fault, no lawsuits. No lawsuits, no lunch.
Andrew Tobias
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One of the advantages of the book's having been out there for more than a quarter century is that there's been time for people to report back on what it's done for them.
Andrew Tobias
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There are only two things as complicated as insurance accounting and I have no idea what they are.
Andrew Tobias
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The life insurance industry is filled with good people who believe in their work and their companies, but who may never have challenged the assumptions underlying their efforts.
Andrew Tobias
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I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money.
Andrew Tobias
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Having no national system of catastrophic health insurance, we have, through the courts, managed to patch together pieces of a not very satisfactory one.
Andrew Tobias
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Still, most people don't have much money. So finding ways to come out a couple of thousand dollars ahead every year still matters.
Andrew Tobias
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Not surprisingly, the insurance lobby recoils in horror at the prospect of automatic coverage (including, when it was first proposed, Social Security), no matter how efficient it may be. Automatic coverage eliminates sales commissions and profit.
Andrew Tobias
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Summers are the best. And I figured summer was my best time for meeting someone, too, because in the summer people are looking for someone to snuggle up with for the winter. And because in the summer I could take off my shirt.
Andrew Tobias