[dataflow]

What depends on the premium? In my mind, you state the item and the value, they tell you the premium they would cover it at. Where's the perverse incentive, and why is it relevant what anybody else would pay for it?

[listenallyall]

If you intend to insure a pillow for $1 million, expect the premium to cost about $999,950.

[dataflow]

I wrote as much in https://news.ycombinator.com/item?id=41755211

[listenallyall]

Then why did you object to zabzonk's comment?

[dataflow]

Because I don't see what the perverse incentive is?

[zabzonk]

burning your house down?

[dataflow]

Have you seen the other threads?