So simple it doesn't apply. This isn't automobile insurance.
You're no less risky with your money because the FDIC backs your bank account - in fact, you're more likely to leave it there with less risk.
You're no less risky with your money because the FDIC backs your bank account - in fact, you're more likely to leave it there with less risk.
I'm sorry for assuming you knew this, but as you say, it isn't simple for some.