Quote:
Originally Posted by Tobra
Showed them his cards? WTF does that mean?
Insurance companies are not in the business of paying claims. They are in the business of making money, hence the job is to find a way to not pay. Shop your business often, every few years at least.
|
it was a mixed metaphor. I was talking about dice before.
You never heard "show your cards" before?
People are risks. Some people are riskier than others.
Like how getting the queen of spades in a game of hearts is not a good thing. Or is that spades? You know what I mean.
No one knows if someone else is riskier usually. But as they say things, do things, this reveals more information that you can then use to determine their true riskiness.
Wrong, insurance companies exist to pay claims. The policy holder comes first.
I do not recommend shopping your insurance. I've been with Liberty Mutual for 25 years. I've had a few accidents, and they always treat me right.
EDIT: Just wanted to add that my last 2 employers are mutual companies. That means the policy holders ARE the owners of the companies. Any profits get paid back to the policy holder, either in the form of dividends, increased death benefit face amount, lower premiums, extended term insurance. I think it's wonderful that a company exists to reduce the risk of premature death or extended longevity to HELP society. We provide good, steady jobs, a benefit to society and the profits go back to the consumer.