[sublupo]

The more information they have the better it is for me. The reason that I use insurance is to lower the variance significantly while only slightly lowering the expected value. Now, if they had an oracle that could see the future, then there would be no point in using them. But that is not the case now, nor do I expect it to be the case any time soon.

Currently I want the insurance company to know what my expected value is properly so that I can get a rate that is appropriate for my needs. Of course I would prefer that they make a mistake and assume that my expected value is lower than reality, but if they make to many mistakes like that then either they will go out of business or raise their premiums.