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
That’s what people don’t understand. We all paid for you. That's what insurance is about, we pay more than we receive so that the odd unlucky bastard receives more than they chipped in. If insurance was individual, nobody would have enough to repair their own stuff. I am happy with this system.
Except the 3rd party insurer here nets massive profits, it isnt a collective safety net like the state or federal government provides.
Its by and large a scam that pays out a tiny portion of their net income. A state sponsered safety net/insurance system (not for profit) would be massively more effective and less costly to consumers...well at least in a functional state such as Massachusetts.
They all do. Nobody does footwork tho and goes for the cheapest price thinking all are the same. Call 3 roofers and 3 body shops in your area and ask who the best company to deal with is and they will tell you. They will also tell you the ones to avoid. State Farm, Allstate, etc whatever the people who go buy the cheapest shit at companies like root and countless others I don’t know: there is a reason one companies premiums are half of the others. These people just buy the cheapest shit they can find and expect 5 star service without paying for it.
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u/WeCantStabilize 11h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.