We take mandatory car insurance for granted now and think it’s definitely a must for civilized traffic and providing reparations for any potential mishap. But how many times have the insurance companies held up their end of the deal to the letter?

Yes, they give you some money back, after you`ve regularly supplied it to them as mandated by the law, but when it came to them coming in to offer financial aid when you most need it, they don’t always come through.

I`m sure all private owners of automobiles have been affected by this in varying degrees and more ways than one, so it’s nice to have some comic relief from time to time with a nice quality satirical video.

This one, courtesy of Cracked, puts insurance companies in context and, well, make everybody who willingly signs into the system a bit of a sucker.

Yes, having insurance is important and a mark of progress in the automotive business, but the bank-like way the business is done is always to the benefit of the mother company and scarcely for that of the end user.

Scroll down for the video.

Video