- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Insurance rates up? Here's why.
Posted on 1/9/24 at 10:13 pm to East Coast Band
Posted on 1/9/24 at 10:13 pm to East Coast Band
quote:
quote:
Insurance rates up? Here's why.
Probably cause everyone of you make way too much money for selling a policy and it just auto renews every year.
Who do you insure with and how much do you think they make?
It auto-renews for your protection.
Would you rather it cancel and force you to underwrite a new policy every 6 months?
This post was edited on 1/9/24 at 10:15 pm
1
Posted on 1/9/24 at 10:18 pm to VandyBoysWhistler
quote:
Been in the business since 1995
Could have saved some key strokes and just typed “I’m a cocksucker”
Posted on 1/9/24 at 10:46 pm to Motorboat
quote:
No one wants to hear this, but it is time for an increase in the minimums.
Wouldn’t that result in even higher payouts?
Posted on 1/9/24 at 10:51 pm to ExtraGravy
quote:
because their real source of profit is not premiums over payouts, it's investments
Yes. The float.
Buffet has written volumes about float.
Posted on 1/9/24 at 10:57 pm to VandyBoysWhistler
I get that cars these days have more expensive things to fix in an accident, so premiums will go up.
But those cars with expensive things are, I’m sure, sold in all 57 states.
So why is LA premiums so much higher?
You have identified one small part of the problem. Congrats.
But those cars with expensive things are, I’m sure, sold in all 57 states.
So why is LA premiums so much higher?
You have identified one small part of the problem. Congrats.
Posted on 1/9/24 at 11:10 pm to LSUFanHouston
I don't think insurance companies are investing in index funds.
They are usually much more conservative than that. Why? Because there is a chance that they need the funds for catastrophic losses.
They are usually much more conservative than that. Why? Because there is a chance that they need the funds for catastrophic losses.
Posted on 1/10/24 at 12:08 pm to meansonny
quote:
how much do you think they make?
My FIL worked in the business and he pulled in around 70k a year, but the owner made north of 500k a year.
Posted on 1/10/24 at 1:33 pm to VandyBoysWhistler
Posted on 1/10/24 at 2:26 pm to VandyBoysWhistler
So pay you premiums and get charged more for doing the right thing?
shite is backward as frick.
shite is backward as frick.
Posted on 1/10/24 at 2:26 pm to VandyBoysWhistler
dp
This post was edited on 1/10/24 at 2:27 pm
Posted on 1/10/24 at 5:38 pm to LSUFanHouston
the insurance lobby is one of the biggest in congress, its all about the money, check out their stock, its a big scam, if they cant pay the government pays it
Posted on 1/10/24 at 6:55 pm to East Coast Band
quote:
My FIL worked in the business and he pulled in around 70k a year, but the owner made north of 500k a year.
Again. Who are you insured with and how much do you think they make off of you?
You can share your annual premium.
Insurance commissions are some of the lowest percentage commissions in the country.
Page 5 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News