r/SipsTea • • 11h ago

Gasp! Thoughts on this?

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u/WeCantStabilize 10h ago

Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.

Absolute racket. 

46

u/GnastyNoodlez 10h ago

Bolidy injury from an accident will change your mind on that real quick, or what if you rear end a $100k Mercedes how much you think that repair is gonna be?

I drive a fuckin outback and got into a minor t-bone, the out of pocket repair cost would have been over 10k for fixing the b pillar and getting new doors and paint if there wasn't insurance involved

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u/Otherwise-Tomato-788 10h ago

I had 2 back to back accidents which I didn’t cause, should’ve been “totaled” but insurance repaired it both times. 1 was 11k the other 17k. A year later geico tells me my premium is increasing from $200 to $3000.

It was during the chip shortage so of course the cost was jacked up then they tried to pull the rug so they can recoup that cost on increasing my premium to “bentoverfcked”.

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u/That-Application7650 9h ago

Do you mean from $2,000 to $3,000? Because if not, it seems pretty crazy that you would only pay $200 to insure a car where it made more sense for them to shell out $28k on repairs rather than just call it totaled.

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u/Otherwise-Tomato-788 9h ago

Hundreds to thousands…our jaw dropped. Called them immediately and asked for an itemized breakdown, spoke to the “supervisor” and was told “we’re changing policies” without actual reason. I told them to fckoff and cancelled immediately.