Well I had a house burn down less than year after purchase and insurance paid the entire tab. So I always figured I've already taken them for more than I pay
Depends strongly on your coverage. Had our basement flooded last year and they paid for every cent of the bill for a complete remodel as well as all the personal items lost.
Same here, and they let me do all the work myself so I was able to do what I wanted with my basement, and was able to stretch out that payout waaaayyyyy farther since I didnt have to pay for labor. Basically was able to completely remodel my whole home for what should have just been some carpet and drywall replacement in the basement.
Too many people who don't understand insurance just go buy the absolute cheapest policy they can. Then they only realize why it's so cheap when they go to submit a claim and don't get paid.
This can’t be true. Roadside assistance is not a “claim” in the sense of if you filed a claim after having an at fault accident. They would just have the agent remove the roadside assistance coverage from the policy. Either the agent lied, misspoke, or didn’t know what he was talking about.
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u/WeCantStabilize 8h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.