Anybody here work in the insurance business?

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You basically have to be able to know you are fricking someone over and keep a straight face.

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Sounds oddly familiar...

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Paul, I must have accidently engaged the stutter function. Sorry.

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Are you referring to a producer, claims adjuster???

What are you trying to say?

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Right. You basically have to be able to know you are fricking someone over and keep a straight face. It's tough for most normal human beings.

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Essentially what you are saying is that a person who works in sales in the car industry (F & I or sales representative) would do well in the insurance industry ...

RMC = a-hole who doesn't know what he is talking about!

I know...what is he talking about?

Never said they were doing you a favor.

You have the option of insuring your property, car, etc. so that when it gets damaged, you can incur ALL of the cost. Or, you can place your trust in someone/something else, to take most of the exposure away from you and have them incur the cost.

Strictly your decision.

YOU have the choice to insure your car for the state minimum...10/20/10.

If you cause more damage than that, you will be self insuring your liability. YOU will be responsible for the difference in the damage.

In homeowners, YOU have the option to borrow less, so the mortgage company requires less insurance. In that case, You can self insure your home for damages, at which point you would be responsible for more of the loss than the insurance company.

If you own your home/condo outright, you do not have to have insurane.

There are 2 reasons for having liabilty insurance:

1. Your legal and moral obligation to restore someone you have damaged.

2. To protect your assets.

The choice is yours.

Be happy to discuss this at any time with you.

I work at an insurance broker and we have many dealings with Reinsurance companies. It is a very interesting field to say the least. Been to Lloyd's of London a few times and that was really cool.