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OldBaldy1701E

(11,651 posts)

4. Umm... that reticence runs throughout the entirety of the insurance racket.

Reply to mahatmakanejeeves (Original post)

Sun May 31, 2026, 07:40 AM

21 hrs ago

But, this is one of the things that we have been programmed to believe as being absolutely necessary.

You know... instead of addressing the massive greed in that crime syndicate of a 'business'?

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Highlight:

The Home-Insurance Coin Flip: Nearly Half of Claims Result in Zero Payout [View all] mahatmakanejeeves 23 hrs ago OP

It is all junk insurance for homeowners now... OhioBack2Blue 23 hrs ago #1

If a customer has a question, that sets off an alarm with those mother-f6ckers wolfie001 21 hrs ago #3

You can't even have them check to see if your roof is okay after a hail storm. moreland01 11 hrs ago #40

Expect more crappy outcomes with the KKKrappy occupant in the WH nt wolfie001 21 hrs ago #2

Umm... that reticence runs throughout the entirety of the insurance racket. OldBaldy1701E 21 hrs ago #4

Yup lonely bird 20 hrs ago #9

Not just necessary for mortgage holders but required. mdbl 14 hrs ago #29

THE BIG FIVE: These are the biggest offenders. New Jersey's Department of Insurance listed companies with 3Hotdogs 20 hrs ago #5

We had State Farm lonely bird 20 hrs ago #8

That's not what Jake from State Farm says. mdbl 14 hrs ago #30

I bet they don't even cover chip board glue now bucolic_frolic 20 hrs ago #6

Another insurance rip-offs are the health insurance clubs that are not insurance. They are not rated by state agencies 3Hotdogs 20 hrs ago #7

Medishare? lonely bird 20 hrs ago #10

Sirius XM. Christian Healthcare Ministries. 3Hotdogs 18 hrs ago #16

Insurance is a scam. it started coming clear to me because of a movie mwmisses4289 20 hrs ago #11

May I suggest? lonely bird 16 hrs ago #25

Wow, never heard of that one. Will look for it. Love Meryl. mdbl 14 hrs ago #32

We know this has been the trend line for health "insurance" for a long time Bluetus 19 hrs ago #12

We've never had a problem Fiendish Thingy 19 hrs ago #13

What year was your last State Farm claim? mdbl 14 hrs ago #33

Oh jeez...I'm not sure Fiendish Thingy 14 hrs ago #36

Peace of mind for the bank only... JT45242 18 hrs ago #14

So you'd think homeowners would have an ally in the bank that owns the home Bengus81 18 hrs ago #18

Link to non-paywall article flvegan 18 hrs ago #15

"I don't understand why people post shit nobody without a subscription (to the WSJ, no less) can read." mahatmakanejeeves 18 hrs ago #19

There's a better way to deal with that than just denying claims mdbl 14 hrs ago #34

State Farm is not like a good neighbor, they suck Historic NY 18 hrs ago #17

Everything is a scam now. Oneironaut 17 hrs ago #20

How well I know... KSL-Washington 17 hrs ago #21

We just dumped USAA (after 70 years with several generations of my family) moreland01 11 hrs ago #41

Too often, when someone files a homeowners claim their policy is not renewed by the insurer dlk 17 hrs ago #22

Kick dalton99a 17 hrs ago #23

I had a water claim a few years back. All the basements on my block flooded because a storm drain behind our Raftergirl 17 hrs ago #24

I have also had a recent experience with Nationwide (luckily) and they have been remarkable FakeNoose 15 hrs ago #28

Great to hear this and good luck with the rebuilding! Can't imagine going through something like that with Raftergirl 14 hrs ago #35

About how many years back was that? pnwmom 10 hrs ago #43

'22 or '23. But I have this specific coverage in my policy. As another poster wrote, it only costs an extra couple Raftergirl 9 hrs ago #45

Our broken pipe and the damage was covered. On top of that, pnwmom 24 min ago #46

Catastrophic Losses Backstopped By Government 2na fisherman 16 hrs ago #26

Like a good little drone, I've been paying house insurance premiums since 1978, BobTheSubgenius 16 hrs ago #27

The companies pay some people a lot of money Quanto Magnus 14 hrs ago #31

People are not customers any more. hunter 13 hrs ago #37

It pays to spend a little time with an agent to understand what your insurance is covering sarisataka 13 hrs ago #38

That graph is close to tracking the past three Presidential elections Uncle Joe 12 hrs ago #39

The bastids join in on the fleecing of the majority of Americans GreenWave 10 hrs ago #42

Well to be honest i thought it was higher. Figarosmom 10 hrs ago #44