[R N M]

3 Cars were stolen recently in our neighborhood. The criminals are free to continue and steal while everyone else pays for these losses.

[ASAP]

Originally Posted by dreamingat30fps

So "discriminate" based on risk factors... basically what they do now... but only the factors YOU deem worthy. I hope you get a nobel prize or something.

Originally Posted by Efthreeoh

I still really don't understand what you are saying. WTF does socialism have to do with insurance? You are still considering discrimination as bad. You're confusing the terms discrimination and prejudice. The two are not equal in meaning.

You boys must either work for insurance agencies or like being ripped off... either way, I suppose there is nothing for us to really argue here lol if you think the insurance calcs are just.

[ASAP]

Originally Posted by Efthreeoh

Even with the price increase the second half this year, compared to other's numbers here I'm not going to complain about what I pay, just the rate of increase for the 2nd half of 2023. I don't feel ripped off at all.

I've hit 5 deer in total in two of my cars in the span of 9 years that have added to about $17,000 in damage repairs. Also, another $3,000 in other animal damage (a mouse and one of my pups). So, I've pretty much broken even for the past 11 years or so. I've never had any push back for any of the repairs.

Ah... so that makes sense... then you are the leech and I am the payer. You use and I and others pay for you. Now it's clear... my proposal would make it very costly for you, wheras my rates wouldnt go up seemingly 30% for no reason of my own... like I said, nothing for us to argue here.

[RM7]

Originally Posted by ASAP

Ah... so that makes sense... then you are the leech and I am the payer. You use and I and others pay for you. Now it's clear... my proposal would make it very costly for you, wheras my rates wouldnt go up seemingly 30% for no reason of my own... like I said, nothing for us to argue here.

Sounds like you don't even need insurance.

[ASAP]

Originally Posted by RM7

Sounds like you don't even need insurance.

But see, that's where you're wrong... FL law mandates it.

[dreamingat30fps]

Originally Posted by ASAP

Ah... so that makes sense... then you are the leech and I am the payer. You use and I and others pay for you. Now it's clear... my proposal would make it very costly for you, wheras my rates wouldnt go up seemingly 30% for no reason of my own... like I said, nothing for us to argue here.

Dude you make no sense at all. You can't even keep a consistent argument. You don't want "discrimination" but are now whining that he's a "leech" because he's hit half the deer in town. Maybe his rate IS more than yours BECAUSE he's hit a bunch of deer. Maybe the insurance knows that people who live in the middle of nowhere hit more deer than people in NYC.

Seems you're just upset because YOU don't know the exact formulation used and all the factors they take into account. So it SEEMS random when in fact it's risk based just like your earth shattering solution.

Originally Posted by ASAP

But see, that's where you're wrong... FL law mandates it.

It only requires liability so when you wreck someones car they are not left hanging.

Personally I would love if car insurance were cheaper, hell I want it to be free and I think everyone should be a billionaire. Unfortunately I live in reality.

[KevinC]

Originally Posted by Efthreeoh

I still really don't understand what you are saying.

I gave up trying about 2 pages back. Delusional.

[RM7]

Originally Posted by ASAP

But see, that's where you're wrong... FL law mandates it.

But if you never get in an accident or do anything dangerous, you wouldn't get caught, so you don't need it, amiright?

[ASAP]

Originally Posted by KevinC

I gave up trying about 2 pages back. Delusional.

Originally Posted by Efthreeoh

He doesn't understand what the term "broke even" means.

Ah yes - the modern definition of delusion - not wanting to pay for other's risk... and we wonder how this nation has so many issues.

Originally Posted by RM7

But if you never get in an accident or do anything dangerous, you wouldn't get caught, so you don't need it, amiright?

Incorrect again - any insurance company reports you the moment you cancel or don't carry insurance directly to the state of FL.

[alex2364]

Originally Posted by ASAP

Ah yes - the modern definition of delusion - not wanting to pay for other's risk... and we wonder how this nation has so many issues.



Incorrect again - any insurance company reports you the moment you cancel or don't carry insurance directly to the state of FL.

So move to a state that allows self insurance.

[ASAP]

Originally Posted by Efthreeoh

The insurance company accepts the risk, not insured individuals. That's the concept...

and perfectly in line with our discussion... got my renewal notice today... +21% increase... 0 accidents, claims nor tickets for 20 years of driving... yours was +24%... hmm...

[KevinC]

Originally Posted by ASAP

Ah yes - the modern definition of delusion - not wanting to pay for other's risk... and we wonder how this nation has so many issues.

[M-technik-3]

Originally Posted by Efthreeoh

That sucks. Hopefully, rates will go back down after 2024.

Bhahahahahah That you know is not happening if anything I expect them to increase yet again.

[Ryguy29]

Must be this new generation of “drivers” using the same cars we drive to taunt/run from the po-po smh

[dizz81]

Yeah my insurance makes no sense.

22 CT5BW a sports sedan with almost 700hp 800$ every 6 months.
23 M550 same sports sedan with 550hp 1700$ every 6 months.

Zero accidents or tickets since 2009.

[RM7]

Originally Posted by dizz81

Yeah my insurance makes no sense.

22 CT5BW a sports sedan with almost 700hp 800$ every 6 months.
23 M550 same sports sedan with 550hp 1700$ every 6 months.

Zero accidents or tickets since 2009.

BMW repair cost?

[XutvJet]

Greed, inflation, various damaging weather events over the years, continuing rising costs of auto repair (EVs will make things worse given the rate they are easily totaled), labor costs/shortages, etc. have all played into these insane home and auto insurance rate increases. There's no smoking gun.

In the end, the insurer and the insured will eventually have to come to some sort of equalization, because like many things that have greatly outpaced inflation, this level of increase is simply not sustainable. Too many companies have enjoyed the profitability of COVID and they now expect that level of profitability. A majority of companies are guilty of this. The consumer is also guilty by believing they would have an abundance of income and lived beyond their means. Let's face it, a majority of us live a FAR more fruitful life in terms of the "things" we had growing up. We are just as much to blame.

[BlkGS]

Originally Posted by freakystyly

Our province looks to be adding a new surcharge if you drive a "most stolen vehicle".

So CRV, Lexus RX, any big 3 full size pickup truck, Civic, Highlander, Accord, Grand Cherokee, Rav4 (top 10 most stolen).

Not sure what good that will do. They should be asking the manufacturers to add security features instead of going after the customers for buying their garbage.

The correct solution is to deal with the criminals harshly. Criminals will find a way to steal cars if the reward is greater than the risk. You cut off their hand for stealing a car, they stop stealing cars. Exaggerating here, but the fact is that if people knew they were be stuck in prison for decades in the cold ass tundra with bare minimums and their life was gonna be ruined by it and they might even be exiled to someplace even worse, the risk goes way up and they stop commiting crimes.

But when they know they probably won't get charged because a progressive DA isn't going to charge them because of whatever B's reason, they're free to keep committing crimes until they're stopped.

[Donatello.]

Insurance companies...biggest scam going. They take our money, but if we need to file a claim they do anything & everything to not pay.

Why don't we get some sort of refund for not filing claims?

F these giant companies

[BlkGS]

Originally Posted by Donatello.

Insurance companies...biggest scam going. They take our money, but if we need to file a claim they do anything & everything to not pay.

Why don't we get some sort of refund for not filing claims?

F these giant companies

I think Allstate used to do that. If you went like 3 years without a claim they sent you a check every quarter. It was nowhere near what you paid in obviously, more like a safe driving discount, they just paid you it back. Then some of them started doing like deductible forgiveness if you didn't have claims for long enough too.

While I understand the ease of saying "these big insurance companies are all colluding to keep rates high and make crazy money", one has to wonder why aren't there non profit insurance groups like the credit unions are to banks? Surely if it was a feasible thing, someone would have done it and made a major dent in the insurance industry. To me it says that the profit portion of the premiums just isn't that large, and they wouldn't really be a competitive option.

[Donatello.]

Originally Posted by BlkGS

I think Allstate used to do that. If you went like 3 years without a claim they sent you a check every quarter. It was nowhere near what you paid in obviously, more like a safe driving discount, they just paid you it back. Then some of them started doing like deductible forgiveness if you didn't have claims for long enough too.

While I understand the ease of saying "these big insurance companies are all colluding to keep rates high and make crazy money", one has to wonder why aren't there non profit insurance groups like the credit unions are to banks? Surely if it was a feasible thing, someone would have done it and made a major dent in the insurance industry. To me it says that the profit portion of the premiums just isn't that large, and they wouldn't really be a competitive option.

One word. GREED.

[BlkGS]

Originally Posted by Donatello.

One word. GREED.

That's a very simplistic answer. There's plenty of greedy non profits out there, so if it was really greed someone would have a non profit insurance company so they could all pay themselves exorbitant salaries as part of a nonprofit. That's how a LOT of big non profits are.