Obama inadvertently reveals that he doesn’t understand how insurance works

Obama inadvertently reveals that he doesn’t understand how insurance works. This is a teachable moment.

The President is fond of what he calls teachable moments. So what have we been taught by this video clip?

1. If you want to be covered when you get rear-ended, purchase collision and comprehensive insurance, not just the legally-required, minimum liability policy.

2. If you get rear-ended, it’s probably the other guy’s fault so you should call his insurance company, not your own.

3. Just because you graduate from Harvard doesn’t mean you know how the real world works.

And that, friends, is what you call a teachable moment. Just not the kind the President intended.

Source: HotAir.com

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