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Started By
Message
re: Insurance Company Profits
Posted on 4/6/20 at 2:37 pm to BoogaBear
Posted on 4/6/20 at 2:37 pm to BoogaBear
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
Hey, I want to see the monkeys flying out that previous poster's arse.
Posted on 4/6/20 at 2:56 pm to Penrod
quote:
Hey, I want to see the monkeys flying out that previous poster's arse
Thread went pretty quiet after I dropped that in there
Posted on 4/6/20 at 2:58 pm to Daygo85
shite. That's actually a good idea for a Q2 earnings play. Thanks baw 
Posted on 4/6/20 at 3:08 pm to Daygo85
I stopped paying for mine 2 years ago because wall and Uber - told them to frick off
Posted on 4/6/20 at 3:25 pm to ksayetiger
True but if premiums are based on conditions that no longer apply, like miles driven or areas driven to, then seems like a reasonable basis to require some form of refund, ie, the risk being insured against has been drastically decreased.
Posted on 4/6/20 at 3:38 pm to jamboybarry
Allstate and American National are giving back $50.00 woo-wee. I have Progressive, those B's want my money.
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