 Can a diabetic really get life insurance? |
| My brother called me and asked me to help him find life insurance I could not find any. Even those misleading ads that say NO MEDICAL EXAM required would not touch him just because of his diabetes ... |
|
 Which are the major player in Insurance sector in India? |
| There are so many Insurance companies in India. Which do you think are best in India.... |
|
 How come american family insurance just gave me a quote on my car insurance half of what i pay now? |
| so right now i have Farmers. How can american family insurance charge me more than half of what i am paying now? Is there a scam? and they told me that i can call my agent from Farmers and drop them ... |
|
 Will my stepson's baby be covered under my husband's health insurance? |
| my stepson and his ex gf are expecting a baby in about 7 months. he is 17.5 years old and a junior in hs. although he will be 18 when the baby is born will it be covered under my husband's ... |
|
 Does anyone know of an insurance company that won't discriminate against people with multiple sclerosis? |
Husband and sister-in-law both have M.S. and we are having great difficulty finding company that will give us a decent proposal.
Ones we tried so far, premiums too high and final payment not ... |
|
 For those who have no medical insurance? |
| what do you do when you need prescriptions? We don't have medical insurance right now due to my husband switching jobs, and he needs blood pressure medicine that runs over $100. I called his dr ... |
|
 Health Insurance? |
| My mom had her gallbladder taken out few months ago and now she got the bill and her health insurance will not pick any of it up and she owes the hospital five thousand dollars. What is the best ... |
|
 How do i prepare for my death? |
| i have some baseball cards and a car and two cats that i want to make sure someone special gets after my death, who do i contact? also, how do i buy a grave site and who gets to pay my $3500 in ... |
|
 Can an insurance company withold a no claims certificate when you still owe them money? |
| I have a dispute with an insurance company, I have now got a new insurance company but still owe money to my old insurance company. My new Insurance Co. want proof of my NCD but my old Insurance Co ... |
|
 Dog insurance? |
What is the best dog insurance to have these days.
My older dog has always been with petplan.
I now have an 11 week old puppy & she will cost more per month than my 7 year old.
The ... |
|
 If I sue someone whose dog bit me and win, will I receive compensation, or can they bankrupt? |
| The medical bills just keep growing, and I need to be reimbursed. If he doesn't have homeowners, and I sue him personally, will he be able to bankrupt and skip out? He has a house that is worth ... |
|
 Will my home owner's insurance pay for damage to a friend's car cause by a tree falling in my driveway? |
| the friend's car was parked in my driveway when a storm blew a tree (mine) over causing damage to the ... |
|
 OH MY GOD. i neeed help NOW. fast. please help me.? |
| dont ask, my friend and i went around her neiborhood to these apartment buildings, and we went to our friend's house and we wanted to show her this raw meat we had, and she wasnt home so we put ... |
|
 Does anyone know a good life insurance policy? |
| I have been shopping around for life insurance that will not cost crazy premiums, anyone have good experiences. I am in my 30's and in good health.... |
|
|  |
jasonadm3 | Is the home insurance industry the biggest scam in the united states? |
Upon viewing Spike Lee's documenatry on Hurricane Katrina, I was dismayed on how the insurance industry failed to live to their end of the bargain for the people who lost their homes. As a homeowner I have to question whether to continue to hold insurance based on what I saw. |
 |
 
catzrme
 |
It depends on the insurance company you use. If it is a REPUTABLE company, the people had NO problem getting paid. But the fly-by-night companies that offer insurance for practically no money DO NOT pay when it comes time to. I guess you get what you pay for. |
|
Angela S
|
You've got to be kidding me? When is it ok to only hear one side of a story? When an insurance company pays claims that were not anticipated in the setting of their rates, they sacrifice the ability to protect the rest of the insureds.
Contrary to what many people believe, insurance companies do NOT have unlimited funds. They have budgets to balance just like we do at home. Of course the budgets are bigger but they also have thousands and millions more responsibilities to cover including thousands of employees, etc. I really get tired of hearing people slam insurance companies based on NO INFORMATION. Go ahead and drop your insurance on your home. I'm sure that, if something happens to your home, all your friends will donate $ to help you rebuild. Ha!
I think I'll build my home on the side of a mountain. When storms and tremors cause it to collapse, you'll all pitch in and pay for me to do it again, won't you? |
|
Jason
 |
No insurance is not a scam. I will agree with you that certain companies involved in Hurricane Katrina claims have done a poor job. Insurance companies actually pay out an average of 98 cents for every dollar in premiums they collect to claims. Insurance companies make most of their money from investments. If you personally don't want insurance just ask yourself if you can retain all the risk if you do face a loss, because all insurance is doing is transferring risk of financial loss from you to the insurance company. If you can't afford to rebuild your home if it burns down you might want to keep your insurance. Also with regards to flooding such as Katrina, make sure you have a flood policy if you live in a flood zone. Many of those homeowners did not. Homeowners policies don't cover flood. |
|
sfru
 |
A lot of dissatisifaction here in Louisiana was due to the fact that people didn't buy FLOOD insurance. Then they expected their Homeowner's carrier to pay for their flood damage, and NO homeowner's policy covers the risk for rising water. People didn't buy flood insurance, despite the fact that we all live in flood zones here, because it was cheaper not to buy flood. The only reason most people even buy homeowner's insurance is because their mortgage company forces them to insure their risk for the value of the loan. Now we're all suffering because no one wants to write insurance in southeast Louisiana. For a $200,000 home you can expect to spend over $5000 a year in homeowner's premiums IF anyone will write your policy at all. On top of the tremendous losses they incurred, if you also try to make those companies pay for something that they're homeowner's policy has always excluded, they will never write insurance here again (thank god they lost their law suit against homeowner's carriers, or we'd never have property insurance here again). If that's the case, there will be no way for us to protect our investment in our home. And you live in a place where property insurance is available to you and you don't WANT it anymore? That's crazy.
Christie- A Hurricane is not considered an Act of God in that the carrier excludes it. Hurricane damage is covered on a HO under Wind & Wind Driven Rain. If the wind ripped off your roof, then it rained on the second floor for 8 hours, your HO policy had your covered. HO policies in Louisiana didn't exclude wind prior to Katrina. However, most of the damage in New Orleans was rising water, no covered by the HO. And a massive amount of people were without flood insurance.
Claims didn't get settled as fast as we all wanted them to. Mine took 13 months to be settled, then it had to be reopened for 4 months. But can you blame the company for being overwhelmed with an unprecedented catastrophe? Good companies did pay fairly. Assisted Living Expenses couldn't be paid to insureds FOREVER. A lot of people didn't even realize what kind of coverage they had before the storm. This is what caused so much dissatisfaction. It was a giant clusterf**k. But the worst part of Katrina was sitting around in the Stone Age for a WEEK listening to radio broadcasts that bodies are floating through the Bywater before the Red Cross, FEMA, and the President decided to show up. If "When the Levees Broke" moved you, I'm happy. But don't uninsure your home. If you want to do us a favor in Louisiana wait until the 2008 election. |
|
EDHAWK
|
if you have a mortgage in most states you have no choice but to have home owners insurance. read the fine print. |
|
DAN H
 |
If you have a mortgae, not having insurance is probably not an option, since your bank will require it. If you have no mortgage there are several reasons why you may want to take the risk and go without it. If your home is solidly built, the chances of coming out ahead in the long run by not having insurance are very good. When you consider how much of your premium goes to commissions, marketing and administration, self-insuring can be very profitable. |
|
☆BTriX☆
 |
NO - work comp insurance is the biggest scam in the WORLD.
98% of people that THINK they have carpel tunnel DON'T HAVE IT. Yet they still get paid for it! |
|
Christie
|
Well, if you have a mortgage on your home, you have no choice but to have homeowner's insurance. So it really doesn't matter whether you think it's a scam or not.
Typically "acts of God" are not covered by homeowner's insurance. This shouldn't have come as a surprise to the people in New Orleans. It's very unfortunate, but I am sure it was clearly disclosed in the policy language. |
|
amncarter77
|
no, the auto insurance scam is |
|
Daniel
|
Yes, HO insurance is difinately a scam. I see the HO insurance reps. are on here but don't believe what they say-- it's BS. When a disaster happens like Katrina the HO insurance companys send out damage control teams (their damage not yours) to cheat you out of every dime they can-- that's the name of the game in insurance. It's true they make a lot of their money through investment like big office buildings but they cry like babys when they have to pull some of that money out to pay claims. But, let me give an example of my personal experiance and you be the judge. We had State Farm insurance on our home with "Replacement Coverage" and had hail damage which totaled the roof. We had a fiarly new roof installed by a reputable company-- one that would be there if we had a problem and we wanted the same company to replace the foof. But, State Farm says, no, we will pay only so much a square foot to replace your roof-- which was more than 30% less than what it would cost for the original company to replace it. So. we would have to pay 30% out of pocket or go with a fly by night roofer who would go back to Texas and didn't give a S--t if he did a good job or not.
Insurance companys tell you need $250,000 (because that was the going price) on your 2000 sq.ft. home but if it's totally distroyed they will only pay the cost of a fly by night builder to rebuild it. $250,000 includes a lot, grading the lot and much more. Very seldom is a lot distroyed. Another agent told me yesterday that State Farm says, you have sinkhole coverage but they won't pay if part of the house falls in only if all the house falls in-- what kind of crap is that?
I could write a book about insurance companys but time here dosen't permit and the rep. that says it was clearly disclosed in the policy-- right-- pages and pages of ambigious fine print that a team of attorenys couldn't could figure out what it really ment. Dropping your insurance is not crazy-- enough is enouh. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 32 minutes(s) ago
| | | |
9 | 43 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 2 day(s) ago
| | | |
8 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
