Down With State Farm

[vett boy]

Originally Posted by LS2POWA

I pay 3600 yearly for my three cars, each carrying a 300k $ protection plan, so in the ungodly event I cause something, I dont loose everything me or my parents worked for..and it covers every bolton done to each car.

This guy always lets me know what can be done to lower it, and with some tricks here an there hes saved me a couple hundred annually.

He's just settin' ya up to screw ya latter.Just bend over and take it like a man ,it's like a train. comin'

[Shadow]

Originally Posted by thebeepster

I've heard that Allstate will also kick your a$$ and bail on you...anyone had experience w/ the lizard or Progressive (auto)?

I had progressive once for several years...until they jacked up thier rates and tried to screw me on a claim

After that I bounced around a while, thanks to a low life agent who was looking out for #1 (nope! I'm #2!).

I got a hint from a good frienda and called AMICA Insurance. Their office is here in Tampa. They're a well rated company for claims and customer service.

Called them in in a few minutes had a policy that saved me several thousand dollars per year and got much better coverage

Great folks, easy to work with.

Give them a call.

[Rich Z]

Yeah, we're with State Farm and are intending to get our vehicle insurance from someone else REAL SOON.

These insurance companies are forgetting that the entire premise behind their business model (originally) was to have a large pool of people paying into the pot so that the subset of people needing to file claims could be paid out of that large pot. But they lost sight of that out of greed and pursuit of pure profits. So they drop anyone who might be a risk and only want a "sure thing". Then they compartmentalize the population to reduce risk to the entire country, which only creates a smaller pool of funds to draw on, kind of defeating what their business model was supposed to be in the first place.

Drive into any major metropolitan area and seek out the largest buildings in the business district. Probably half or more of them are insurance company regional headquarters. Tell me they aren't making major money.... But they just want MORE and to hell with "helping" people as their ad copy claims. Rather than just accepting the fact that their WILL be lean years when claims may be more than in other years, instead of just sucking it up and being true to their charter, they choose instead to screw people by reducing their risk for the sake of profits.

Matter of fact, their entire method of doing business has changed entirely. Where it used to be a large number of people paying into a reserve pool of funds that would cover those unfortunates that need it, NOW, their methodology is such that they make the policy premiums self contained in that they project YOUR likely change of needing to file a claim, and extrapolate that cost over the period of time you are likely to have a policy with them. That, then, sets what your premium payment is every month. That is what actuaries are hired to figure out for them.

[Shadow]

To be fair to the insurance companies, something they're usually not to us, there are a lot of people that defraud the system.

The original idea was great; however, when you have large numbers taking advantage of that system by filing fraudulent claims, then the rcompanies are forced into investigating and defending or questioning the claimants on almost any case.

Then you have the legit injuries and damages with inflated figures. Over the years I've heard it said more than once, things like "I'll do the work for this and you/we can pocket the rest" and "that injury ought to buy you a new _____."

Of course, the feeling is, as with most of us, that they have been screwing the public for decades, they have the money as Rich indicates above, and that the claimant in these situations is simply a modern day Robin Hood, or is "taking back" what they deserve?

I understand the sentiment, but the act, aside from being morally wrong and criminally wrong, is part of what drives the rates through the ceiling...along with that corporate greed previously mentioned.

Ok,. they've been given their equal time...let the fest continued

[Z06 Rocket]

Insurance companies are a BS scam...remember Erin Brockovich? She kicked "Great Benefits" azz (if that is the correct name of the company she fought - that is the name they used in the movie).

Finally score one for the good guys.

[Shadow]

Originally Posted by Z06 Rocket

Insurance companies are a BS scam...remember Erin Brockovich? She kicked "Great Benefits" azz (if that is the correct name of the company she fought - that is the name they used in the movie).

Finally score one for the good guys.

They are definately a scam. Unfortunately, we (the general public) were part of the problem.

Then add greedy attorney's looking for a payday, corporate greed on the part of the companies, all the other crap and you have one big heaping cauldron of crap!!!!

If I could afford it, I'd self insure and tell them all to KMA!