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lonely bird

(3,055 posts)

9. Yup

Reply to OldBaldy1701E (Reply #4)

Sun May 31, 2026, 08:51 AM

12 hrs ago

They are simply casinos. They are betting you won’t use the insurance and they are the house so they always win.

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Highlight:

The Home-Insurance Coin Flip: Nearly Half of Claims Result in Zero Payout [View all] mahatmakanejeeves 15 hrs ago OP

It is all junk insurance for homeowners now... OhioBack2Blue 14 hrs ago #1

If a customer has a question, that sets off an alarm with those mother-f6ckers wolfie001 13 hrs ago #3

You can't even have them check to see if your roof is okay after a hail storm. moreland01 3 hrs ago #40

Expect more crappy outcomes with the KKKrappy occupant in the WH nt wolfie001 13 hrs ago #2

Umm... that reticence runs throughout the entirety of the insurance racket. OldBaldy1701E 13 hrs ago #4

Yup lonely bird 12 hrs ago #9

Not just necessary for mortgage holders but required. mdbl 6 hrs ago #29

THE BIG FIVE: These are the biggest offenders. New Jersey's Department of Insurance listed companies with 3Hotdogs 12 hrs ago #5

We had State Farm lonely bird 12 hrs ago #8

That's not what Jake from State Farm says. mdbl 6 hrs ago #30

I bet they don't even cover chip board glue now bucolic_frolic 12 hrs ago #6

Another insurance rip-offs are the health insurance clubs that are not insurance. They are not rated by state agencies 3Hotdogs 12 hrs ago #7

Medishare? lonely bird 12 hrs ago #10

Sirius XM. Christian Healthcare Ministries. 3Hotdogs 10 hrs ago #16

Insurance is a scam. it started coming clear to me because of a movie mwmisses4289 12 hrs ago #11

May I suggest? lonely bird 8 hrs ago #25

Wow, never heard of that one. Will look for it. Love Meryl. mdbl 6 hrs ago #32

We know this has been the trend line for health "insurance" for a long time Bluetus 11 hrs ago #12

We've never had a problem Fiendish Thingy 11 hrs ago #13

What year was your last State Farm claim? mdbl 6 hrs ago #33

Oh jeez...I'm not sure Fiendish Thingy 5 hrs ago #36

Peace of mind for the bank only... JT45242 10 hrs ago #14

So you'd think homeowners would have an ally in the bank that owns the home Bengus81 10 hrs ago #18

Link to non-paywall article flvegan 10 hrs ago #15

"I don't understand why people post shit nobody without a subscription (to the WSJ, no less) can read." mahatmakanejeeves 9 hrs ago #19

There's a better way to deal with that than just denying claims mdbl 6 hrs ago #34

State Farm is not like a good neighbor, they suck Historic NY 10 hrs ago #17

Everything is a scam now. Oneironaut 9 hrs ago #20

How well I know... KSL-Washington 9 hrs ago #21

We just dumped USAA (after 70 years with several generations of my family) moreland01 3 hrs ago #41

Too often, when someone files a homeowners claim their policy is not renewed by the insurer dlk 9 hrs ago #22

Kick dalton99a 9 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 8 hrs ago #24

I have also had a recent experience with Nationwide (luckily) and they have been remarkable FakeNoose 7 hrs ago #28

Great to hear this and good luck with the rebuilding! Can't imagine going through something like that with Raftergirl 6 hrs ago #35

About how many years back was that? pnwmom 2 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 1 hr ago #45

Catastrophic Losses Backstopped By Government 2na fisherman 8 hrs ago #26

Like a good little drone, I've been paying house insurance premiums since 1978, BobTheSubgenius 7 hrs ago #27

The companies pay some people a lot of money Quanto Magnus 6 hrs ago #31

People are not customers any more. hunter 5 hrs ago #37

It pays to spend a little time with an agent to understand what your insurance is covering sarisataka 4 hrs ago #38

That graph is close to tracking the past three Presidential elections Uncle Joe 4 hrs ago #39

The bastids join in on the fleecing of the majority of Americans GreenWave 2 hrs ago #42

Well to be honest i thought it was higher. Figarosmom 1 hr ago #44