Five Secrets the Insurance Adjuster Doesn't Want You to Know

[insurancegame]

Sometimes people get justice in court so there's hope. An insurance company made an insulting $2500.00 settlement offer, the case went to court and the verdict was for $111,000 which is a reason to celebrate. Insurers love to talk about fraud because they want people to fear being accused so they won't file claims which mean more profit for them and their stock holders.

[automan1223]

Insurance companies have the whole game so rigged. The finance the judges that hear their cases. Write the rules of evidence so you can't even say the word insurance in a court proceeding or its a mistrial. & of course never pay claims unless it's absolutely necessary or they injure someone powerful or well connected. ......Scumbags.

[Doshu0007]

Im an insurance adjuster in Ohio, and I HATE auto losses.. they are a big headache and almost always a disappointment for the insured. I hate it when the insured feels bad and shows it in the recorded statement... I always talk with the insured before the recording starts if they start telling me things like "I feel bad about making this claim... " or the like, or that its a personal shot against the person the claim is against. The person never pays, their POLICY covers them.

[synnr666]

@Doshu0007 the point is SOMEONE pays in the end. If the other party was at fault and their insurance coverage pays the plaintiff, guess what?! The defendant’s premium goes up! Yay, insurance made their money back! The industry is a Ponzi scheme. If every policy holder with every insurance company made a claim on the same day for all their policies, the insurance industry would implode.

[Doshu0007]

@synnr666 Ok, well, the point I was making was "I hate auto losses" and the second point was that I never like it when a legit claimant feels sorry to the point it clouds their judgement (when no attorney is involved). No adjuster out there considers premiums or any of that ever. And about insurance making their money back with premiums through the insured, let me say this, if there's 100 policy holders, 15 might make a claim this

year, for an avg. of $5000.

[Doshu0007]

@synnr666 So, let's say their premiums go up an average of $40 a month, from $140 to $180. It would take well over 10 years to recoup from the insured. It doesn't happen. I'm telling you insurance doesn't make their money back from the insured by raising the premium, it softens the blow. The $ is coming from all of the other insureds who didn't claim this year. But I deal with liability files, and ALL of the $ that you will pay in your entire lifetime to ins. wouldn't cover one of my avg files

[synnr666]

@Doshu0007 Typical insurance response – plead ignorance by omission until you’re called out. You think the money paid in just sits there? It’s invested. ROI plus accrued interest of figures in the hundreds of billions…. it’s a scam whichever it's looked at. There’s no way to justify it. It’s not your job to question the institution that pays your bills. Leave that to the unbiased. This friendly debate isn’t going to go anywhere, so I won’t bother responding to any advancing argument.

[Doshu0007]

@synnr666 Hey hey hey, no need to get upset bro.. serious. It's just a discussion.. I'm listening to you, don't think I'm not. Your right too, the $ DOES get invested, for sure. I mean, I wrote two full paragraphs about it already, and I thought what I wrote was even overkill... absolutely it gets invested, and no dude, I don't question them... even if I did I couldn't change anything. I'm just another dude trying to make ends meet... trust me.

Peace

-Chris

[stupid0388]

proposition 213