No. of Recommendations: 4
If insurance companies were allowed to sell across state lines, there would be a race to the bottom among crappy red states. Some state like Mississippi would have an insurance board that is totally corrupt and filled with insurance plants. They would approve all sorts of scam policies that were completely useless and not pay out anything when the purchaser needed it. Then being approved in Mississippi, these companies would then sell their scam policies across the country. They would make billions legally scamming people. That doesn't work.
I have whoever posted this blocked, but this is some take. Setting aside the silly slurs about Mississippi (which now has a higher per capita GDP than the UK), this...take...assumes that selling fraudulent products is just normal day to day business in some places and that nobody who would buy these things would have any recourse.
Yeah...no.