Quote:
Originally Posted by Moneyguy1
What we need is "Insurance Insurance" to ensure that our insurance will actually cover losses. Too many exclusions in current policies.
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Exactly. Problem is; where does it stop? The fact that 'insurance' companies put soooo many resources into figuring out how to NOT pay, or how to pay an amount less than the covered damages. No doubt insurance co's play the game of customer hoop-jumping to get full payment (the product payed for). They have behavior-predictive cmptr programs set to spit-out an amount that will have the customer weighing 'settling for less' vs more hassle. --and this is said to be a
service based business.
...but at least the industry has laws and regulations forcing you to buy their product.