Without going into detail, may I express my opinion that INSURANCE COMPANIES ARE THE SPAWN OF SATAN.

Thank you.

I actually think the opposite of that. At least with my insurance company.

I actually think the opposite of the opposite of that. I'm with Amorette on this one.

Umm... that's pretty disrespectful and insensitive to all of the satan worshipers... and spawns.

[This message has been edited by Richard Bonine, Jr (9/28/2010)]

I didn't know it was Satan worhsip! I was on a date!

for once i agree

[This message has been edited by rodeo (9/28/2010)]

We get a H&W benefit where I work. Right now, you can take the insurance, or take the money and apply it to insurance you get somewhere else (at least that's the idea, not that everyone does that). Currently, only 25% of our company takes the insurance offered. So the insurance co. says those are the sickest 25% of our company, and that the other 75% must not be getting insurance or requiring payouts from other companies (as if the other insurance co.'s people are using aren't paying out a dime to the 75%). Our current insurance company has said that they are raising our rates 76% unless every person in the company takes the insurance; then it's only 45%.

Not one other company would take us unless EVERY employee takes the insurance, and there is a raise in rates no matter what. Some companies even refused to give a bid. Now, even if an employee gets better insurance from their spouse's policy, or a previous job, etc., they still must take the company insurance. That will ensure that my company can get ANY KIND of insurance from a provider.

Now, I will only get medical insurance... no vision, no dental, no life... because it will take ALL of my H&W benefit $$ PLUS $40 out of my pocket a month just for medical.

It doesn't cost my company any more money because they were already paying the H&W benefit anyway. But there are no options for the employee, and the insurance company has guaranteed that they are getting ALL of the money available from an employer.

What kind of car do you drive? Do you own a boat? An ATV or an RV?

Amorette. I'm guessing there's a good back story.

Not good. Just aggravating as all get out. Did you know deductibles can be raised in the middle of the year after you've met the old one? Suddenly, you have to meet the difference in the new, higher one, even if you have spent THOUSANDS more than the old deductible because none of that counts now.

Ahem. Just aggravating.

I've heard it said insurance was started my organized crime. They just called it "protection".

I've seen these commercials that insurance companies run on TV. Geico tells us that 40 million people switched to Geico last year. I pay roughly $100 a month for insurance on my truck. Take $100 x 40 million NEW customers, and you see what kind of money they are taking in every month. Thats just new customers! Even if the profit margin is only 10%, they are making a killing.
I too have a problem with deductibles. I believe, that after paying premiums for many years, with no claims, the deductible should be waived. In my case, the premiums paid add up to well over $12,000 for the last 10 years, yet I still need to pony up another $500 for coverage after a hailstorm? That is certainly the "robbery" part of the equation.
In the interest of full disclosure, my brother is my insurance agent, and I know he, as the agent, has always taken great care of his customers, including me. But once a claim is filed, for the most part, the agent is out of the equation completely. After the massive hailstorm in Bozeman a while back, I got $4100 in lieu of repair, and applied that money towards the principle of the loan, getting me back in positive territory in regards to the value of the vehicle versus what was owed. I parlayed that difference into a down payment on a newer, much nicer vehicle with almost identical payments. So as much as insurance can suck, it was a big bonus for me in this case.

Amorette,
Have you had any homeowners insurance problems yet? I have! I moved into a new home. The sewer lines had not been flushes per the buy/sell agreement. The basement flooded. So we had to file. Six months later the hot water heater rusted out ON TOP....the stupid thing kept filling all night long and flooded the basement again. Our insurance company cancelled our insurance and we were then labelled a high risk. Our premiums instantly doubled with a high risk policy with a company who specializes in high risk policies.

By the way, in the state of Montana if you file ONE homeowner's claim the insurance companies can label you high risk and refuse to keep you on their policy.

Also your rates are based on your credit score! So if you've had any problems with health, job loss, or other things life brings and your credit isn't the best they can inflate your premium~!

Great racket.

We had the sewer back up in our basement a few years back. We contacted the city and our insurance company just to be safe. The city ended up paying for the damage but when we sold our house and bought a new one later, we were quoted one rate but received a call later telling us it would be higher due to contacting the insurance over that incident even though we never put in a claim. They didn't even have the correct information in their file on us, it said something like hail damage.