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Insurance Company Profits

Posted on 3/29/20 at 8:11 pm
Posted by Daygo85
Member since Aug 2008
3097 posts
Posted on 3/29/20 at 8:11 pm
With millions of people not driving each day I would think that auto crash claims would hit record lows. It already has been said that the smog in LA is clearing. Any chance regulated insurance companies can be forced to refund premiums? Your thoughts?
Posted by LSUJML
Central
Member since May 2008
56852 posts
Posted on 3/29/20 at 8:11 pm to
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70474 posts
Posted on 3/29/20 at 8:12 pm to
quote:

chance regulated insurance companies can be forced to refund premiums? Your thoughts?




Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70474 posts
Posted on 3/29/20 at 8:13 pm to
ok, you still need insurance if you are driving, if you arent, then cancel the insurance and file with the state the vehicle is not on the road
Posted by danilo
Member since Nov 2008
26341 posts
Posted on 3/29/20 at 8:13 pm to
Yeah bro. We know how much “that water damage is actually wind damage” insurance companies like giving you money
Posted by jamboybarry
Member since Feb 2011
33256 posts
Posted on 3/29/20 at 8:14 pm to
Covid has brought out the absolute retards in society
Posted by castorinho
13623 posts
Member since Nov 2010
88346 posts
Posted on 3/29/20 at 8:16 pm to
quote:

Damn, this stay at home order is making people go wild
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6227 posts
Posted on 3/29/20 at 8:18 pm to
quote:

Any chance regulated insurance companies can be forced to refund premiums?


quote:

Your thoughts?


Why the frick would they do that? You still have coverage even if you're not driving.
Posted by Double Oh
Louisiana
Member since Sep 2008
24686 posts
Posted on 3/29/20 at 8:20 pm to
Damn y’all are some retarded mofos
Posted by HarveyBanger
Member since Mar 2018
1277 posts
Posted on 3/29/20 at 8:21 pm to
While having less claims will reduce the amount of money paid out, it is in the insurance companies best interest this corrects itself.

They need people to keep paying their premiums
Posted by MBclass83
Member since Oct 2010
10394 posts
Posted on 3/29/20 at 8:38 pm to
Maybe when monkeys fly out my arse.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50960 posts
Posted on 3/29/20 at 8:42 pm to
quote:

insurance companies


quote:

refund premiums


Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76203 posts
Posted on 3/29/20 at 8:46 pm to
quote:

Daygo85
^^^
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
69246 posts
Posted on 3/29/20 at 8:53 pm to
Allstate will donate $5k to the university’s general scholarship fund.
Posted by Koach K
Member since Nov 2016
4818 posts
Posted on 3/29/20 at 8:54 pm to
Insurance companies been losing at the track dude. Hurricanes, wildfires and floods these past few years.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76203 posts
Posted on 3/29/20 at 8:58 pm to
quote:

Allstate will donate $5k to the university’s general scholarship fund.
They started the end zone net PAT donation in 2005 at exactly the same time as they were fricking people’s eyeballs out post K & R.

I heard them last season bragging about the $2 million that they’ve donated via the Good Hands nets.

frickers.

Allstate & State Farm.
Posted by Daygo85
Member since Aug 2008
3097 posts
Posted on 4/6/20 at 1:58 pm to
"Covid has brought out the absolute retards in society"

Please read

Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 4/6/20 at 2:00 pm to
quote:

Any chance regulated insurance companies can be forced to refund premiums? Your thoughts?


I truly hope that you really don't believe that.
Posted by BoogaBear
Member since Jul 2013
7492 posts
Posted on 4/6/20 at 2:01 pm to
quote:

Shelter-in-Place Payback

Allstate auto insurance customers will receive a Shelter-in-Place Payback. Most customers will receive 15% of their monthly premium in April and May, totaling more than $600 million nationwide. Customers will receive the money back through a credit to their bank account, credit card or Allstate MyAccount account. The fastest way for customers to receive this payback is to utilize the Allstate Mobile app. We are working with state insurance regulators to move forward expeditiously.


Email from Allstate this morning.
Posted by weadjust
Member since Aug 2012
15818 posts
Posted on 4/6/20 at 2:16 pm to
quote:

With millions of people not driving each day

Any chance regulated insurance companies can be forced to refund premiums? Your


Dear Mr Insured

During these uncertain times we are here for you.

Policy holders have the option to install a big brother device to monitor their driving habits and you did not. You can also buy a pay by the mile policy for low milage drivers and you passed.

Sorry Tough shite
Your Insurance Co.
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