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The way YOU read the details and the way THEY read the details can be thousands of dollars apart!
It's not a scam, because the product/service being sold is not a bad one (at least not automatically). Like, the concept of having a place to pool money together to pay for inevitable bad shit that most people couldn't afford out of pocket is a good idea in general. Unfortunately, like many other good ideas it is easy for companies to twist it into a shitty service that hurts the customers more than helps. >

This is exactly the response i wanted to see. The idea of it makes sense, i have no issue paying to feel protected for possible future problems, even if i never use it. But the idea that not only are you forced to buy it in most states, but also forced to buy it from companies that take advantage is what causes issues. Insurance itself is not bad when not corrupted, but is horrible when companies twist it. >

I think only liability insurance for your car is what you’re “forced to buy” and even then you don’t have to own a car. Also liability in itself is a few hundred bucks a year at most. >

The point of insurance is to prevent catastrophic loss. The point of an insurance company is to make money. These two concepts are going to clash somewhere in the middle. What type of insurance you are obtaining, and the laws of the state or country you are obtaining it in, are both going to contribute to where that middle ground falls.
Insurance CAN be a scam. Historically there have been some huge examples of scams, especially when there are poor regulatory bodies enforcing the set of rules. BUT... it is not always a scam. Sometimes it is a fight, sure... as you battle with the insurance company to get your claim covered. But you can get lawyers involved and settle the dispute in a legal fashion, and the courts don't always find in favor of the insured or shut down the insurance companies for fraud. Usually. But just because there are elements of contention doesn't make it inherently a scam.
The best way I ever heard insurance described is: you are placing a bet that you are going to lose something dear to you... so it's a bet you never want to win. The insurance companies also never want you to win - it's their whole business model. >


so it's a bet you never want to win. The insurance companies also never want you to win

the insurance companies don't want to help you even if you win, which is the point >

How have companies twisted insurance to make it a scam?
I see where you're coming from, but the problem is that with the increase in population and growth in knowledge/intellect comes growth in consumer scams as well. Scammers that take advantage of business establishments rise and become more creative, so insurance companies try to stay ahead of the curve by making insurance claims harder to file and be approved.
Sadly, there's a lot of scammers out there. People who like to take adv of other people and bigger companies/corps. I don't like corps, I hate how much they profit, but it doesn't mean I'm going to stoop to their level. If you look at music/movie pirating, it's so easy nowadays but I still buy my movies the legal way even though I'm digitally streaming it (and trust me, sometimes it's much easier to just illegally stream). But sadly, I'm the minority and most people love to save their money by scamming big corps. So that being the case, it's understandable why insurance companies make it difficult for you. It's all laid out in their policies of what you're allowed to claim - it's not like they're changing the rules (which would make it a scam at that point).
But yes, screw insurance companies in general. I'd rather pay out of pocket than have to contribute to a community where I'm subsidizing the cost to others. I stay active, eat healthy, drive safe, etc. And yet I have to pay medical/car/dental insurance that I don't even use. I would have thousands in my bank by now if I didn't have to pay for those. >

Perhaps a bad deal and not something everyone wants to buy, but not particularly a scam. You can see the details of your policy before you sign up.