Tony went to buy motorcycle insurance. He was going to buy just liability insurance, but the agent said, “I can insure your motorcycle against theft for an additional $200.00 annual premium.”
“What else can you offer?” Tony asked.
“I can ensure your motorcycle against fire for an additional $300.00.”
“Any other options?”
The agent answered, “I can insure against both for $50.00.”
“Wait a minute!” Tony said. “How come it’s so much cheaper to insure against both fire and theft?”
“Who wants to steal a burnt-up motorcycle?”