Who are the most profitable companies in the United States? Insurance companies, of course. They’ll take your money willingly, but when it comes to claim time – they don’t want to part with the almighty buck.
A few years back, I had some jewelry stolen by one of my granddaughter’s girlfriends (some friend, eh?). My deductible was high, and the amount of the stolen property was a small amount over the deductible. My agent advised me not to file a claim. Then my air conditioner leaked into my dining room, and because the water “oozed” in and didn’t “gush” in, the $1,500 in repair was not covered. Also, because I had covered my “hardwood floors” with wall-to-wall carpeting, the insurance company claimed I had “abandoned” my hardwood floors, and they would not be covered!
Liberty Mutual commercials are telling me that if the insured doesn’t take out an extra clause (that will cover the whole car), the insurance companies only pay out ¾ of the car’s worth. How can this be? Aren’t we paying to cover our car – all of it??? Folks, this is scary…..