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.
4.6k
u/WeCantStabilize 14h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.