[pyuser583]

In all fairness, this is exactly why insurance was invented: unreliable shipping. You just took out a policy, and the shipment didn’t make it you took the payout.

It creates a system that diminishes risk, but simultaneously diminishes incentives for improvement.

[ForHackernews]

Ideally the incentives would be driven by the insurance companies: "Put a tamper-proof lock on your crate and get 50% off your theft insurance!"

[pyuser583]

Fluctuating premiums based on risk factors defeat the purpose of a policy.