I invite you to read a recent article in which the author raises an excellent question: Why is insurance good but gambling is bad? Insurance companies are no different, no better, and no worse than casinos. The odds are always in their favor.
The government requires you to play a game of chance. Insurance companies like Allstate are now paying as little as 40% of the funds they receive on claims. Insurance was created to benefit a community by spreading risk, not to allow companies to reap massive profits.