Home Insurance Companies are a scam

[SpinnerBait_Nut]

Re: Home Insurance Companies are a scam

I wouldn't single out home insurance companies, that's how all insurance companies operate. Think about what heath insurance has done to health care...

I'm not. I said companies, not company.

 

[OldMercsRule]

Re: Home Insurance Companies are a scam

No, I'm not kidding.....
Who says that driving is a priviledge anyway?....
I'll tell ya who :
The big nanny gubmint that you fear so.....

True: but correct me if I'm wrong, don't they "Big Nanny Gubmint" extract yer life's energy, (tax), from yer pocket to build some roads? Me thinks the answer is YES, then don't they get ta say who drives on said roads since ya didn't build them with yer own money on yer own property? You've been ta RR island, ya don't think I'm gonna tollerate "Big Nanny Gubmint" regulatin' when I fire up the ol' Nissan 4X4 n' drive on the road I built on me own property do ya?

Is gun ownership a right or a priviledge?

Clearly a right, not because of a piece of paper but it is "self evident" as endowed by our "Creator", usless ya just plain reject the fundamental foundation of the wonderfull system we live under.

A piece of paper does not give me the ability to drive a boat or a car or

It gives ya a priviledge. To do that without said piece of paper givin' ya said priviledge yer likely gonna have a fight with city hall in a tussel yer gonna loose.

shoot a gun.....

As long as yer shootin' in a lawfull place ya have a RIGHT ta shoot that gun in a safe manner.

Some would argue that the ability is God given.....
But I digress.......
Once again, the insurance biz is about risk.....
If ya want to harvest the easy pickens, ya gotta shovel some sh!t & pull the weeds.....

If "ya gotta" anything then the Socialist problems we have been discussin' here will arise. Real Simple.

I'm just trying to simplify the process & level the playing field......

Socialists' lofty stated goals don't make it work any better: IT DOES NOT WORK: PERIOD.

Either ya sell insurance or ya don't....

If ya "sell" what yer forced to sell at a price dictated by a Socialist, it will NOT WORK: Period. The upside is that the experts on homosexuality n' victimhood will believe the MSM that it is the fault of those big bad, (real bad) Republican Insurance companies n' pass laws fer BIG GOVERNMENT ta offer direct access to the Gubmint *** that all the rest of us directly subsidize. Real good. BTW, ya do know that BIG INSURANCE pays BIG INCOME TAXES, who do ya think pays fer BIG GOVERNMENT: Bro?


It's that simple......​

Great exchange Bro, I hope some have learned how Socialism works in the Insurance Business!! Peshaw: Mrs Jones, n' ya thought all those problems were caused by those big nasty Republican Insurance Companies, (killin' babies n' forcin' senior citizens ta eat dog food n' all those things ya saw on TV n' all), where the problems were actually created by yer friendly back stabbin' politician offerin' ya a FREE LUNCH, (that wasn't free after all is said n' done)? YA DON'T SAY. Respectfully, JR

 

[jbjennings]

Re: Home Insurance Companies are a scam

Price insurance according to THE ACTUAL risks me Bro!! REAL SIMPLE.

Socialists throughout the 50 states force insurance companies to subsidize certian types of unprofitable coverage from the profitable lines within the States to appease their dim wit or blood sucking cornstituants that want all of us to subsidize their risky little place in paridise, n' THAT IS REAL WRONG, just like the other aspects of Socialism.

Then: the Socialist influance, (mainly from dim wit Dems n' Libs, but some wobbly or disingenious Republicans), force all of us to rebuild corrupt places like New Orleans. Insurance is quite rational, BIG GOVERNMENT NEVER IS.

PAY THE APPROPRIATE PREMIUM to compinsate the insurance company the proper amount to cover the loss experience plus cost of capital/profit. If yer wiped out n' don't have adequate unsubsidized insurance, (ALL PROFITABLE INSURANCE CO's WOULD INSURE EVERYWHERE IF THE GOVERNMENT SOCIALIST MINDERS LET THEM CHARGE THE APPROPRIATE RATES TO COMPINSATE THEIR RISKS), let the uninsured structures wash away, n' charge the owner to clean up the mess n' NEVER REBUILD if ya can't handle the risk.

Sorry for the hard arse reply, but this is ALL ABOUT NANNY GOVERNMENT if you folks try to be intelectually honest n' think a little bit. Hate to defend Insurance, after gettin' beat up defending the rights of Big Oil, but business really is BUSINESS, n' Socialism IS JUNK whether yer a LIB who usually luvs Socialism, or a Cornservative who generally hates it unless it helps their own little selfish interest. My $.02; Fire away, I'm in me bomb shelter today!! Respectfully,JR

AGREED!
jbj

 

[jbjennings]

Re: Home Insurance Companies are a scam

Personally living in upstate NY, I don't enjoy subsidizing people who live along the coast. Look at all of my federal tax dollars going to help people rebuild in hurricane and flood prone areas. I have no issues helping somebody rebuild somewhere else but not along the disaster prone areas. I think someone should pay through the nose for insurance if they decide to rebuild in areas that are more prone to natural disasters. I know it's an unpopular opinion and I'm sure people will blast me for this opinion, but why should my federal tax dollars support this?

it's not just tax dollars, I live in northern LA and after KATRINA, my rates doubled. I'm glad someone else noticed their profits. It's too bad that the government still allowed them to jack up their rates. I'm in firm agreement with your statement---more risk, higher premiums. I don't understand why people build on the 100 year flood plain and then cry when they get flooded.
jbj

 

[jackc10]

Re: Home Insurance Companies are a scam

I see nothing in the Constitution that says insurance companies should be required to carry all lines or none at all in a state. In fact insurance companies are regulated by the states, not the feds.

Lots of folks living in Florida think it is a warm New Jersey with a beach. Sorry about that but along with low heating and clothing costs comes fires, hurricanes and bugs.

Hurricanes are pretty well expected in the Southeast coastal areas and houses should and can be built to withstand the storms and on high ground. They are not. Houses are built to sell with vaulted ceilings, crappy exteriors and big porches.

Tornadoes are random and a spot could go a million years or more without even having one go nearby, even in Kansas. Can't say that about hurricanes along the middle coast. Ok to live there, but why should the rest of us bail the coastals out? Bay St. Louis, MS , for example, is a wonderful place. It has been wiped out twice just in my short lifetime. Maybe it needs to move north of I-10.

NOLA is another story, too complex for here. Any New Orleanian not prepared for a hurricane is an idiot.

I do question why the federal government seems to show up at every incident and act like it is a federal problem. I do not think storms and bridge collapses are a federal problem. The locals and the states should handle it. Of course in NOLA and Louisiana that is not fair to the innocents and travellers.

If the insurance rates and taxes are too high in Florida, one can join all your neighbors and move to N. GA and Tennessee. Of course, taxes will go up shortly to provide all the services demanded by people still telling how things were done in Philly and ice storms can cause some real damage.

 

[ricksrster]

Re: Home Insurance Companies are a scam

Maybe when Hillary is President of the USA we will have socialized home owners insurance, auto insurance, boat insurance, etc.

 

[treedancer]

Re: Home Insurance Companies are a scam

Quote jackc10



<I do not think storms and bridge collapses are a federal problem. The locals and the states should handle it. >


Not going to get into an argument about federal relief on storms of citizens of the United States, but we can send disaster aid to other countries. Will take exceptions to our statement on the collapse of an Interstate highway bridge, that is 90 percent federally funded with fuel taxes. The fuel tax is supposed to go for the upkeep of the Interstates, anybody that travels them, as I do will know that some of the money isn?t quite making the trip.

 

[BoatBuoy]

Re: Home Insurance Companies are a scam

...houses should and can be built to withstand the storms and on high ground.

High ground? In Florida? Can't resist this. Have you ever actually been across the line into Florida? There ain't no high ground in Florida.

 

[Haut Medoc]

Re: Home Insurance Companies are a scam

High ground? In Florida? Can't resist this. Have you ever actually been across the line into Florida? There ain't no high ground in Florida.

Ah, never been to Mount Islamorada, or Mount Boca Raton have ya.?...
This is all sour grapes from people who live in crappy places....
It's falling on deaf ears Tree, this is the one thing that bugs me about dyed in the wool cornservatives.....
Their motto is, hooray for me & flectch everyone else.....
No matter that half their stuff wouldn't get to N. georgia if'n it were not for New Orleans......

 

[BoatBuoy]

Re: Home Insurance Companies are a scam

Never been to either one of those places but I have heard of Mt. Dora, Florida. I get a chuckle every time I hear it.

 

[Haut Medoc]

Re: Home Insurance Companies are a scam

I see nothing in the Constitution that says insurance companies should be required to carry all lines or none at all in a state. In fact insurance companies are regulated by the states, not the feds.

Lots of folks living in Florida think it is a warm New Jersey with a beach. Sorry about that but along with low heating and clothing costs comes fires, hurricanes and bugs.

Hurricanes are pretty well expected in the Southeast coastal areas and houses should and can be built to withstand the storms and on high ground. They are not. Houses are built to sell with vaulted ceilings, crappy exteriors and big porches.

Tornadoes are random and a spot could go a million years or more without even having one go nearby, even in Kansas. Can't say that about hurricanes along the middle coast. Ok to live there, but why should the rest of us bail the coastals out? Bay St. Louis, MS , for example, is a wonderful place. It has been wiped out twice just in my short lifetime. Maybe it needs to move north of I-10.

NOLA is another story, too complex for here. Any New Orleanian not prepared for a hurricane is an idiot.

I do question why the federal government seems to show up at every incident and act like it is a federal problem. I do not think storms and bridge collapses are a federal problem. The locals and the states should handle it. Of course in NOLA and Louisiana that is not fair to the innocents and travellers.

If the insurance rates and taxes are too high in Florida, one can join all your neighbors and move to N. GA and Tennessee. Of course, taxes will go up shortly to provide all the services demanded by people still telling how things were done in Philly and ice storms can cause some real damage.

Where was it mentioned that the Feds should do it?.....
This is a state by state deal.....
If ya wanna write or sell insurance policys in this state, then sell all of it or none of it.....PERIOD!>>>>

 

[snapperbait]

Re: Home Insurance Companies are a scam

High ground? In Florida? Can't resist this. Have you ever actually been across the line into Florida? There ain't no high ground in Florida.

a-hem!.. I'll have you know that I'm on just about the higest ground in Plumb Broke (palm beach) county.... About 30 feet above sea level on the costal ridge... Yeah baby!...

 

[studlymandingo]

Re: Home Insurance Companies are a scam

Where was it mentioned that the Feds should do it?.....
This is a state by state deal.....
If ya wanna write or sell insurance policys in this state, then sell all of it or none of it.....PERIOD!>>>>

I see nothing wrong with this. The problem that everyone here is having is insurance companies dropping HO insurance, they are having a field day with auto and health and leaving the HO to Citizen's.​

 

[OldMercsRule]

Re: Home Insurance Companies are a scam

I see nothing wrong with this. The problem that everyone here is having is insurance companies dropping HO insurance, they are having a field day with auto and health and leaving the HO to Citizen's.​

Hey Studly! That is ALWAYS the problem with Socialist mandates from those snotty, pointy headed, arrogant, do as I say not as I do bureauocrats n' pols in the bowels of Nanny Government.

They understand Socialism (after all: they work fer Nanny Government), but they don't quite grasp the costs n' impacts of their Socialist rules, (as their dim wit victim supporters always vote fer more taxes to correct the problems they cause in the Government, n' the coopertive Lib media does not tell the dim wits about the waste), even if the media points it out the dim wits are sooooooo intoxicated with kool aid: it does not matter.

SHOCKING LIL' PIECE O' REALITY: Private business does not work that way!!!!! If the Socialists make STUPID asset n' income transferr rules, (as they do all the time), [most frequently used reason: "it's fer the children": dim wits luv that stuff], they can't force the private business to keep giving their own money to rich Liberals livin' n' playin' on the storm affected coastal areas, (or wherever the Socialist mandate directs them to loose more money), so the business just packs up n' leaves town. REAL SIMPLE, (only take one functional brain cell ta understand this basic corncept). That is why Hillary wants to nationalize the health care field. They can then distroy a trully productive industry n' get lots of perks allong the way. BIG GOVERNMENT only works one way: it gets bigger!!

Ya do know where all those free Socialist lunches come from don't ya? HINT: sucessfull businesses PAY TAXES, you pay fer the Socialists' programs. Don't think about what I just said, as it may lead to votin' fer a Cornservative!!! N' when the Cornservative strays from the reservation, (as they surely will), flush the terlet n' find another one!!! THERE IS NO FREE LUNCH. Respectfully, JR

 

[Haut Medoc]

Re: Home Insurance Companies are a scam

Exactly Murky!.....
No free lunch!......
If ya wanna reap the profits of mandated auto insurance...
(a captive, corntrolled clientele)....
Then you must offer all kinds of insurance....
No cherry pickin'.....
I reiterate, sell all of it, or none of it......
Or unmandate auto insurance......​

 

[OldMercsRule]

Re: Home Insurance Companies are a scam

Exactly Murky!.....
No free lunch!......
If ya wanna reap the profits of mandated auto insurance...
(a captive, corntrolled clientele)....
Then you must offer all kinds of insurance....
No cherry pickin'.....
I reiterate, sell all of it, or none of it......
Or unmandate auto insurance......​

The natural cornsequense of yer reply here is BIG GOVERNMENT INSURANCE, Ya can't force private companies to loose money fer long: Bro. Ya better start packin' a piece to shoot any illeagal who runs over yer SUV when yer towin' yer boat down the highway then, (prior to the estabment of BIG GOVERNMENT auto insurance). JR

 

[Haut Medoc]

Re: Home Insurance Companies are a scam

Hogwash!....
They won't go out of business, they just won't reap OBSCENE PROFITS...
No one said anything about corntrolling the premiums......
If you live in an area that is prone to a certain act of nature & you want to insure your home for it, your premium should reflect that.....
If ya have a mortgage ya have to have insurance don't ya?.....
Ya gotta have collision on a car till it's paid off.....
Of course with all the sub-prime shiite anything flies with the 'money changers'.....
They will whine to BIG GUBMINT to bail them out anyway......​

 

[KeltonKrew]

Re: Home Insurance Companies are a scam

Personally living in upstate NY, I don't enjoy subsidizing people who live along the coast. Look at all of my federal tax dollars going to help people rebuild in hurricane and flood prone areas. I have no issues helping somebody rebuild somewhere else but not along the disaster prone areas. I think someone should pay through the nose for insurance if they decide to rebuild in areas that are more prone to natural disasters. I know it's an unpopular opinion and I'm sure people will blast me for this opinion, but why should my federal tax dollars support this?

so does this mean you should pay about 4 times for gas than we do....guess where the majority of the refineries are....y'all don't want them in NY, but guess what, you're prices aren't that much more than ours...are we subsidizing your gas prices......why should I pay the same for gas when we have multiple refineries less than 10 miles from my house....

same issue IMO.

 

[OldMercsRule]

Re: Home Insurance Companies are a scam

Hogwash!....
They won't go out of business, they just won't reap OBSCENE PROFITS...
No one said anything about corntrolling the premiums......

You may not have said that but that is how the Socialist game in insurance is played BRO. Give me the full cost of yer thing ya want insured n' I'll hold yer money n' earn the returns n' charge ya prenmiums fer any increase in risks that I become aware of. Everyone would enter the insurance business if there were no Socialists corntrollin' it!!! COME ON NOW we both get this game!!

If you live in an area that is prone to a certain act of nature & you want to insure your home for it, your premium should reflect that.....
If ya have a mortgage ya have to have insurance don't ya?.....
Ya gotta have collision on a car till it's paid off.....
Of course with all the sub-prime shiite anything flies with the 'money changers'.....
They will whine to BIG GUBMINT to bail them out anyway......​

JR 123

 

[ricksrster]

Re: Home Insurance Companies are a scam

so does this mean you should pay about 4 times for gas than we do....guess where the majority of the refineries are....y'all don't want them in NY, but guess what, you're prices aren't that much more than ours...are we subsidizing your gas prices......why should I pay the same for gas when we have multiple refineries less than 10 miles from my house....

same issue IMO.

There are refineries in the Northeast US also. NJ has refineries. Our gas is more than NJ plus our taxes on gas are higher. NY we pump our own and NJ they have to hire an attendant to pump it for you and their prices are still lower.