Insurance is a huge scam! You pay and pay and pay your whole life, and God-forbid never have to use it. But if you DO have to use it, they jack up your rates to cover what they “pay out” to you - which is probably just a fraction of what you’ve paid in over the years! Then, if there is a wide scale event - huge storm or fires - they jack up EVERYONE’s rates to cover the “losses”. Even when they lose, they win. It’s basically a zero-risk money printing machine for them.
IT ALWAYS IS...just like with LIFE INSURANCE POLICIES!!!!....they put more clauses in them just so the beneficiary has to jump through hoops to get the payout...
NOTE: A WHOLE LOTTA PAPERWORK TO GO THROUGH...been there, done that!!!
That’s what we do. Any time we’ve had damage to our home from storms, it made more sense just to pay for it out of pocket instead of going through insurance because although the deductible would be cheaper, the long term cost with rate increases would make it too expensive
Here is some good news. The City of Asheville NC has now REMOVED all references to DEI in their revised HUD proposal to spend $225 million in disaster relief funds.
It's not always a scam...I had replacement value insurance for 30 yrs...in 2020 on election nite my house burned to the ground while I was watching them steal the election at a friend's house..ended up w the clothes on my back....initially I was put up in a nice hotel...then they rented a furnished house for me till house rebuilt...I replaced everything w new....had two people working w me in person...had to haggle on some of their valuations (like bullets)...but got a new well constructed house and most of my possessions.. obviously some non replaceable items...but that's just stuff ..my policy Was cancelled afterwards but I had new insurance for less in a week.
Insurance is a huge scam! You pay and pay and pay your whole life, and God-forbid never have to use it. But if you DO have to use it, they jack up your rates to cover what they “pay out” to you - which is probably just a fraction of what you’ve paid in over the years! Then, if there is a wide scale event - huge storm or fires - they jack up EVERYONE’s rates to cover the “losses”. Even when they lose, they win. It’s basically a zero-risk money printing machine for them.
Yes. I know it. I calculated the damn thing and it's cheaper for me to pay out of pocket.
IT ALWAYS IS...just like with LIFE INSURANCE POLICIES!!!!....they put more clauses in them just so the beneficiary has to jump through hoops to get the payout...
NOTE: A WHOLE LOTTA PAPERWORK TO GO THROUGH...been there, done that!!!
Oh I heard. Never used it but I know.
That’s what we do. Any time we’ve had damage to our home from storms, it made more sense just to pay for it out of pocket instead of going through insurance because although the deductible would be cheaper, the long term cost with rate increases would make it too expensive
I am starting to think all insurances should end. Looking at health insurance right now.
Mandatory to get a mortgage, which is another scam. Everything to do with money is a scam.
Insurance is such a scam
Here is some good news. The City of Asheville NC has now REMOVED all references to DEI in their revised HUD proposal to spend $225 million in disaster relief funds.
https://x.com/matt_vanswol/status/1899849277460959400
I am already there. I canceled my dental insurance. They are bunch of scams.
I am thinking it in that way. Yes. Need to think a little more.
Shill post.
It's not always a scam...I had replacement value insurance for 30 yrs...in 2020 on election nite my house burned to the ground while I was watching them steal the election at a friend's house..ended up w the clothes on my back....initially I was put up in a nice hotel...then they rented a furnished house for me till house rebuilt...I replaced everything w new....had two people working w me in person...had to haggle on some of their valuations (like bullets)...but got a new well constructed house and most of my possessions.. obviously some non replaceable items...but that's just stuff ..my policy Was cancelled afterwards but I had new insurance for less in a week.
This during covid
But the Democrats on social media assured me that the $750 was just for immediate needs and that insurance and FEMA would pay for everything else.
They lied
Farm Bureau is corrupt! Thankful that we did not have a claim while insured by them.