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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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Andrew Tobias
Age: 77
Born: 1947
Born: April 20
Journalist
Writer
Hard
Fault
Great
Lunch
Lawyer
Lawsuits
Faults
Lawsuit
Control
Lawyers
System
Insurance
Wonder
Fought
Success
Legal
More quotes by Andrew Tobias
Still, most people don't have much money. So finding ways to come out a couple of thousand dollars ahead every year still matters.
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The industry cannot long offer unneeded or overpriced insurance if people will not buy it.
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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.
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Life insurance is a commodity.
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The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.
Andrew Tobias
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.
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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.
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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.
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Hay fever suffers tend to be above average in intelligence.
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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.
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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.
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There's no question young drivers have far more accidents than older ones - but is it our aim to keep them off the roads? Or to allow only rich young people (who can afford the premiums) to drive?
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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.
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What kind of bank gives back 65 percent-often less-of what you deposit? Indeed, when you compare the services of a bank and an insurance company, common sense suggests something is out of whack.
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You want 21 percent risk free? Pay off your credit cards.
Andrew Tobias
Rule of thumb: The more trimmings an insurance plan has and the harder someone is pitching it, the faster you should run.
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There are only two things as complicated as insurance accounting and I have no idea what they are.
Andrew Tobias
