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mwmisses4289

(4,918 posts)

11. Insurance is a scam. it started coming clear to me because of a movie

Reply to mahatmakanejeeves (Original post)

Sun May 31, 2026, 08:57 AM

May 31

based on a Terry Pratchett book. It became even clearer in 2008, after Hurricane Ike hit our area. People contacting their insurance companies, the adjuster coming out, then telling them that their house was still "livable" because they had pitched a tent between the only two walls and under a portion of the roof still left.
So, yeah, the commercials pitch insurance as a safety net for you if something goes wrong, but the reality is that money is going straight into the ceo's pockets for that new yacht, helicopter, or whatever the latest shiny new toy is that the epstein class has decided is the thing this week.

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Highlight:

The Home-Insurance Coin Flip: Nearly Half of Claims Result in Zero Payout [View all] mahatmakanejeeves May 31 OP

It is all junk insurance for homeowners now... OhioBack2Blue May 31 #1

If a customer has a question, that sets off an alarm with those mother-f6ckers wolfie001 May 31 #3

You can't even have them check to see if your roof is okay after a hail storm. moreland01 May 31 #40

Expect more crappy outcomes with the KKKrappy occupant in the WH nt wolfie001 May 31 #2

Umm... that reticence runs throughout the entirety of the insurance racket. OldBaldy1701E May 31 #4

Yup lonely bird May 31 #9

Not just necessary for mortgage holders but required. mdbl May 31 #29

THE BIG FIVE: These are the biggest offenders. New Jersey's Department of Insurance listed companies with 3Hotdogs May 31 #5

We had State Farm lonely bird May 31 #8

That's not what Jake from State Farm says. mdbl May 31 #30

I bet they don't even cover chip board glue now bucolic_frolic May 31 #6

Another insurance rip-offs are the health insurance clubs that are not insurance. They are not rated by state agencies 3Hotdogs May 31 #7

Medishare? lonely bird May 31 #10

Sirius XM. Christian Healthcare Ministries. 3Hotdogs May 31 #16

Insurance is a scam. it started coming clear to me because of a movie mwmisses4289 May 31 #11

May I suggest? lonely bird May 31 #25

Wow, never heard of that one. Will look for it. Love Meryl. mdbl May 31 #32

We know this has been the trend line for health "insurance" for a long time Bluetus May 31 #12

We've never had a problem Fiendish Thingy May 31 #13

What year was your last State Farm claim? mdbl May 31 #33

Oh jeez...I'm not sure Fiendish Thingy May 31 #36

I have a strange feeling it would go much differently today mdbl Tuesday #48

Peace of mind for the bank only... JT45242 May 31 #14

So you'd think homeowners would have an ally in the bank that owns the home Bengus81 May 31 #18

Link to non-paywall article flvegan May 31 #15

"I don't understand why people post shit nobody without a subscription (to the WSJ, no less) can read." mahatmakanejeeves May 31 #19

There's a better way to deal with that than just denying claims mdbl May 31 #34

State Farm is not like a good neighbor, they suck Historic NY May 31 #17

agree...State Farm is brutal and it's common knowledge: democratsruletheday Tuesday #49

Everything is a scam now. Oneironaut May 31 #20

How well I know... KSL-Washington May 31 #21

We just dumped USAA (after 70 years with several generations of my family) moreland01 May 31 #41

Too often, when someone files a homeowners claim their policy is not renewed by the insurer dlk May 31 #22

Kick dalton99a May 31 #23

I had a water claim a few years back. All the basements on my block flooded because a storm drain behind our Raftergirl May 31 #24

I have also had a recent experience with Nationwide (luckily) and they have been remarkable FakeNoose May 31 #28

Great to hear this and good luck with the rebuilding! Can't imagine going through something like that with Raftergirl May 31 #35

About how many years back was that? pnwmom May 31 #43

'22 or '23. But I have this specific coverage in my policy. As another poster wrote, it only costs an extra couple Raftergirl May 31 #45

Our broken pipe and the damage was covered. On top of that, pnwmom Monday #46

Catastrophic Losses Backstopped By Government 2na fisherman May 31 #26

Like a good little drone, I've been paying house insurance premiums since 1978, BobTheSubgenius May 31 #27

The companies pay some people a lot of money Quanto Magnus May 31 #31

People are not customers any more. hunter May 31 #37

It pays to spend a little time with an agent to understand what your insurance is covering sarisataka May 31 #38

That graph is close to tracking the past three Presidential elections Uncle Joe May 31 #39

The bastids join in on the fleecing of the majority of Americans GreenWave May 31 #42

Well to be honest i thought it was higher. Figarosmom May 31 #44

Oversaturation. Xolodno Monday #47