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LPT When shopping for insurance, look for companies that have the word “Mutual” in their name — they are non-profit cooperatives owned by the policyholders, not stockholders
LPT When shopping for insurance, look for companies that have the word "Mutual" in their name -- they are non-profit cooperatives owned by the policyholders, not stockholders Regular insurance companies are there to make as great a profit as possible for their investors, and it can lead to sketchy rejections of claims etc. In contrast, Mutual Insurance companies are owned by the policyholders themselves, so the only motive for "profit" is to ensure that the organization has enough funds to continue operating, and as ...
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