No, I&#x27;m afraid you don&#x27;t got it. Try reading the entire essay, perhaps, and not just the snippet? Even just the snippet I quoted is contrary in meaning to the phrasing you just used. Here&#x27;s a bit more from the linked essay, going into one variant of the concept, active now:<p><i>&quot;Insurance: If you have no car insurance, you drive very, very, very carefully.   The Moral Hazard describes when a person, upon getting insurance, drives “worse” (read: less slowly, rolling stops; doesn’t avoid talking on cell phone.)  NB: he is not driving badly; he is actually driving normally.  But he&#x27;s driving worse than &quot;very carefully.&quot;  The term “worse” is relative to other behavior.  The point is that his behavior has comparatively worsened because he doesn’t have to worry as much about the consequences.&quot;</i>