That's why those companies employ teams of people who look for ways to avoid paying insurance.
You mean the people encouraging people to use proper fire-safety techniques, "baby-proof" their homes, eat more healthful foods, exercise regularly, etc?
Of course every insurance company knows they will have to pay some claims at some point, it's a cost of doing business. So their entire purpose isn't to avoid paying claims, it's to charge enough in premiums to cover those claims while still making a profit.
You mean the people encouraging people to use proper fire-safety techniques, "baby-proof" their homes, eat more healthful foods, exercise regularly, etc?
Of course every insurance company knows they will have to pay some claims at some point, it's a cost of doing business. So their entire purpose isn't to avoid paying claims, it's to charge enough in premiums to cover those claims while still making a profit.