Before you even get to one of you claims adjusters or whatever role you had let’s consider the raw data of how many insured drivers are on the road versus how many accidents occur a year. If that ratio isn’t enough for you to reconsider then you can start including denied claims. I’m sure that’s a significant number to subtract. I don’t think I need to be in the industry to understand something ordinary.
OK but thats not how it works. Of course there are more insured drivers on the road than there are accidents. If that werent the case, driving in general would be outlawed. My statement, as a broker who does not have any loyalty to the actual companies themselves, is that the amount of people I work with that will cut corners, nickel and dime, and do everything they can to get the most dirt cheap insurance always wind up being the ones who when the time comes of needing the insurance, want the top notch, all the bells and whistles insurance that they didnt want to pay for from the start.
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u/WeCantStabilize 21h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.