I know how insurance works...I was in the industry for a few years and my father was in the industry for over 30 years. My statement wasn't meant to be taken literally as Doug pointed out, but I can see how my wording might have made it seem to ignore how underwriting spreads risk. I'm sure that they have worked things out so that they come out ahead by offering the ESCs. But from an individual owner perspective...I'm happy, covered and have no worries for major costs over the next ten years if I hold the vehicle that long. If something goes bang, it will not be a big, surprise expense.