@SilverHairedCat
In your rush to sing the praises of insurance companies - you have spectacularly missed the point. NO-ONE is complaining about the 'small print' (although that should be done away with anyway - and nothing should be excluded.)
What people are pissed off about is how insurance companies tailor EVERY policy to benefit themselves only. And if they can, they will exclude some things that cost a lot of money, like teeth and eye surgery in pet insurance, and mobile phones, and some laptops...
Mobiles are so easily lost or broken or stolen, and they used to get antsy at so many people claiming - (ya know for the item they had INSURED,) - 
that most, if not ALL insurance companies now exclude them.
Some policies even exclude laptops and tablets too. Can't have those POOR insurance companies paying out too much! ... So then people started to take out policies with their phone from places like 'protect my bubble,' who have always done everything in their power to not pay out. I don't know a single person who has claimed for a lost or broken mobile phone, and got their claim paid out.
You are incredibly fortunate if you have been paid out for your mobile phones, and also incredibly fortunate to have never had a SINGLE PROBLEM with insurance companies with ALL of the claims you claim you have made!
I don't know a single SOUL who has had every insurance claim they have put in, go smoothly and with no questions, or refusal to pay from the company in question. People have SOME claims paid out of course, for things they can't get away with, like houses being flooded/flood damage etc, but there's loads of stuff they will try and actively avoid paying.
SURELY you have heard the multiple cases of people being stranded abroad because their insurance company won't pay up for the medical care. I know of one woman who tripped and broke her leg, (in Morocco,) and her insurance company wouldn't pay because she never declared a heart op that she had THIRTY YEARS BEFORE. That was fuck-all to do with her 'fall' but they refused to pay! THIS is the kind of shit people get fucked off with, not the bloody small print.
In addition, they always have an excess - often of several hundred pounds, so if people have low end items, like £150 to £350-ish stolen or broken, they know they may as well just pay for it and not claim, as it leaves a mark on their file.
In addition, many companies have a rule that you can't put in more than 3 claims in 2 years. So, if you claim for a TV, and then a 'handbag' (as you claim,) and then your set of golf clubs are nicked - all within a year/year and a half; you better pray you don't get broken into and have everything stolen, because they will very likely not pay out.
I HAVE read the 'small print,' though, as I said this should not be a thing, they should just pay EVERYTHING from one penny upwards, as long as you have a crime number and you have had a genuine robbery (which people generally bloody have!) If something breaks, they pay! No questions asked. They are happy to take our bloody money! There should also be no such thing as 'excess.'
The problem is NOT with 'not reading the small print' it is with the fact there IS 'small print' Excluding stuff that suits THEM, and making sure the policies are tailored to suit THEM.
Then there's the nasty tricks they play, like taking pet insurance money off you, for 9 or 10 years (when you generally won't need to claim because the animals are healthy and fairly young.) As soon as the pets hit 9 or 10 - BANG! Up goes the premium - often doubled. And of course it still excludes expensive treatment, and will only pay for long term treatment for one or two years max.
Then after a further 3 years or so, the policy has got SO expensive that most people can't afford it, and have to stop it. And they don't care that you're stopping, they are happy they're not going to be paying out for your (OLD) pets! Then just try and get them insured somewhere else HAHAHA! What a joke. No-one will touch a cat or dog that is 11-12 y.o. +..
ALSO, I know a number of people who had 'unemployment insurance' that they thought would start paying as soon as they became unemployed, but NOPE, they won't pay out til 3 months after you start claiming dole money. AND they keep getting people badgering you to 'help' you find work. SO they don't have to pay out obviously...
And don't say 'don't get insurance if they're THAT bad then!' Because EVERYONE has to have bloody insurance. You have to have home insurance whether you own or rent, as it's in the mortgage and tenancy agreement for many. (Home contents AND bricks and mortar.') And you HAVE to have car insurance. And people even try to convince you to have pet insurance (to be on the safe side) yet they often don't pay out too! And especially when they are older.
And please shove your misogynistic 'don't get so het up' parp where the sun don't shine. You don't get to shut someone down - and accuse them of being 'het up,' just because you are being challenged.
Yep, don't tell me insurance ain't a rip off! Too long in the tooth and been ripped off/conned by too many insurance companies to be told different.