The &quot;whole point&quot; of insurance does not require vastly different risk classes to be lumped together and pay the same premiums; just the opposite. Someone who is known to carry a higher risk but pays as if they had a lower risk, can reasonably be characterized as freeloading, and that is the sense in which I meant the term -- not the mere sense of &quot;they made a claim&quot;.<p>(Imagine e.g. someone in Florida being rated for hurricane insurance on the mistaken assumption they lived in Kansas, or a cab driver rated as if the car was just used for a daily commute.)<p>That insight in no way contradicts the principle that a completely predictable event is not insurable, or that insurance allows distribution of the costs of an event across a class.