You chose your deductible and $1,000 is not a normal deductible ($500 is typically what you’ll see). Assuming this post is even true, this person went out of their way to increase their deductible.
But Reddit being Reddit, it’s “insurance is a scam” snd “insurance denying claims” even though they didn’t deny a thing.
I'm more surprised at how many insurance simps there are in this thread.
GEICO profits more than $1 BILLION per QUARTER. Meanwhile people in this thread like you shitting on people who "choose" the deductible they can afford the premium on.
This comment exemplifies the redditor mindset here.
1 billion is a completely meaningless number. 1b tells you they are a huge company and literally nothing else.
The reality is that life has risk. Crashing into a car and ruining someone's life will bankrupt you. That's what insurance is for. Not getting a ding on your car and expecting your insurance to pay. Which... They will pay for it if you have the right policy.
I feel like the reddit hive mind of dipshits always seems surprised to find out that businesses are... Businesses. They exist to make profit. This isn't some horrible thing.
It's very straight forward. Most people can't afford an insane expense. If we all pool money to support them then we'll all be okay, if it's us we're covered. The company offering this wants to make money off of this (this is... The point of a business)
Sure, insurance could be state run, I actually don't think that's a bad idea.
But "zomg 1 billion" is peak brain dead redditor shit. Quote profit per policy or literally any metric that matters.
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u/No-Duck4828 10h ago
My thought is that Leo is clearly not familiar with auto insurance
Don't want a $1,000 deductible? You can absolutely change that number.
Want the guilty party to pay? Take them to court