Collarspace Discussion Forums


Home  Login  Search 

RE: State Farm Insurance Cancels Thousands of Florida Policies


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: State Farm Insurance Cancels Thousands of Florida Policies Page: <<   < prev  1 2 [3]
Login
Message << Older Topic   Newer Topic >>
RE: State Farm Insurance Cancels Thousands of Florida P... - 2/10/2010 1:52:43 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: windchymes

Seems to me that if someone can afford a multi-million dollar home on a barrier island, and all of it's maintenance and upkeep, not to mention all of their vehicles, boats, etc., maybe they could also afford some kind of a savings/escrow account to insure themselves against the inevitable, rather than depending on insurance corporations to take care of it for them?


There are many affordable homes on the barrier islands.  You've been watching too many old episodes of "Lifestyles of the Rich and Famous".

And incidentally, is that not what insurance companies are for?

Am I supposed to pay premiums for the privilege of contributing to their financial well-being and when I have a claim sigh and say, oh well, I don't want to burden them with my problems?

< Message edited by rulemylife -- 2/10/2010 2:05:01 PM >

(in reply to windchymes)
Profile   Post #: 41
RE: State Farm Insurance Cancels Thousands of Florida P... - 2/10/2010 4:55:47 PM   
windchymes


Posts: 9410
Joined: 4/18/2005
Status: offline
Yes, but I wasn't talking about "affordable" homes (affordable to whom? they sure as hell weren't affordable to ME), nor have I ever watched Lifestyles of the Rich & Famous.

I lived at the Jersey shore for 11 years and I'm well aware of the caliber of homes in various towns up and down the shore, and I also know there are ones down in the hurricane belt that are way beyond that magnitude. I will reiterate that IF they CAN afford one of the homes of that magnitude with all of it's amenities and bells & whistles, then, rather than whine and moan about the insurance companies not taking care of them, why not be responsible enough to invest some of that bell & whistle money into a self-insured type of escrow account so that they are not left high and dry when the insurance companies suddenly bail on them.

If you just do the math, even if people pay millions of dollars into an insurance company for premiums, and then the hurricanes blow through and cause BILLIONS (with a B) of dollars worth of damage, whose ass are they going to pull that money out of?

Your situation is totally different than then one I commented on, and my comment was not intended to be a blanket statement.

_____________________________

You know it's going to be a GOOD blow job when she puts a Breathe Right strip on first.

Pick-up artists and garbage men should trade names.

(in reply to rulemylife)
Profile   Post #: 42
Page:   <<   < prev  1 2 [3]
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: State Farm Insurance Cancels Thousands of Florida Policies Page: <<   < prev  1 2 [3]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.047