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Scams upon Scams (lemmy.dbzer0.com)
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[-] Triasha@lemmy.world 35 points 4 days ago

One car insurance company where I live operates kinda like this. USAA.

Every subscriber is a member. Every year, after they pay operating costs, they take the money left over from premiums and put it into accounts distributed across all the members. When you reach a certain age you can withdraw the money accumulated in your account.

[-] myrrh@ttrpg.network 3 points 3 days ago

...i don't know man, i've been with USAA for fourty years and my dividends always amount to just a discount on my december premium...

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this post was submitted on 10 Dec 2025
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