Gary ... So glad to hear that you are OK ...
It's really a shame what's happening on the road these days ...
Today I had to drive down to New York City for a medical exam (everything is fine...
)
Driving down this morning on I 95, I happened to get into the left lane and there is a lot of traffic in front of me and a 'stream' of cars in the right lane... I look in the rear view mirror and see this car about 3 feet from my rear ... now traffic is moving pretty quick and the next thing I know I am pushing 80 MPH !!! Just going with the FLOW !!! ... I was starting to think the interstate sign (95) was the SPEED LIMIT!!! ... the car stays on my tail for quite a while until I can finally get into the right lane ... as it goes by me I notice there is a young (20s) woman driving ... she gets past me, weaves in and out of a few cars and is GONE ... I had a big smile on my face when I passed her a while later, ... as she was being given a summons by a State Trooper !!!
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Quote from brickboo:
It makes one wonder how long before someone goes postal on these insurance companies doing whatever they want to do. I'm sure many times they won't even pay the claims period on people they think they can get a way with it. boo ... you are right when you say the object of insurance is to make you whole ... which means to pay the book value of a vehicle based on its age ... Regardless of how many miles were on your Astro, it is only worth so much ... the vehicles with 250,000 miles may have even been in BETTER shape !!! ... ask yourself this question ... how much would you be willing to pay for a 1987 Astro ?!?!? ... What the public doesn't take into account is the money LOST by insurance companies on auto insurance ... That's right ... I said LOST !!! ... If they are not making $$$ on investments, they ain't making $$$ !!! ... how many times have you heard someone you know say "I had the bill padded, so I didn't have to pay the deductible" ? ... well, the premium they were charged took into account that they (and soooo many others like them) WERE GOING to pay the deductible !!!
And boo, insurance is one of the MOST regulated businesses ...
For all the times that insurance companies pay out when we need it, let's not be so hasty to condemn them ...
t.
PS ... While I do not work for an insurance company, I do work close enough to the industry to know something about it ...
t.
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