Article View: dc.general
Article #55207Insurance Companies not necessarily greedy WAS Re: GEICO's opposition to 65 mph (was Re: recommendations for auto/home insuranc...
From: Steve Snyder
Date: Mon, 30 Mar 1992 17:21
Date: Mon, 30 Mar 1992 17:21
17 lines
1768 bytes
1768 bytes
>
>|> ...unless the people step in and override the automobile and
>|> insurance industry mandates, you're going to be stuck with arbitry,
>|> unfair, and mandtory high rates. remember, the insurance business
>|> is a *business*! not a public utility. their primary function is
>|> to make a profit. and do they ever. they don't give a s*** about
>|> you the consumer, except how you affect their direct profits.
>
I just received a rebate on my car insurance from State Farm for "...fewer
claims during the last reporting period..." or words to that effect. The
rebate amounted to almost 10% of my annual premium. I'm not complaining.
So I guess some insurance companies (or at least State Farm) do care
about their customers.
-------------------------------------------------------------------------
Steve Snyder | This space for rent, inquire within.
ssnyder@sunai.er.usgs.gov |
US Geological Survey Reston, VA | I only speak for myself. me.
Technical Details
Message-ID:
<1992Mar30.172132.27817@rsg1.er.usgs.gov>Path:
arc1-ca.pugleaf.net!sparky!uunet!seismo!rsg1.er.usgs.gov!sunai.er.usgs.gov!ssnyderReferences:
<1992Mar26.151808.8197@alw.nih.gov> <1992Mar30.152158.1220@eng.umd.edu> <1992Mar30.105342@thuja.gsfc.nasa.gov>Show Full Headers
Complete Article Headers
X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 101049,769f95e5eb227b3b X-Google-Attributes: gid101049,public X-Google-ArrivalTime: 1992-03-30 09:21:32 PST Path: arc1-ca.pugleaf.net!sparky!uunet!seismo!rsg1.er.usgs.gov!sunai.er.usgs.gov!ssnyder From: ssnyder@sunai.er.usgs.gov (Steve Snyder) Newsgroups: dc.general Subject: Insurance Companies not necessarily greedy WAS Re: GEICO's opposition to 65 mph (was Re: recommendations for auto/home insurance?) Message-ID: <1992Mar30.172132.27817@rsg1.er.usgs.gov> Date: 30 Mar 92 17:21:32 GMT References: <1992Mar26.151808.8197@alw.nih.gov> <1992Mar30.152158.1220@eng.umd.edu> <1992Mar30.105342@thuja.gsfc.nasa.gov> Sender: news@rsg1.er.usgs.gov Distribution: dc Organization: U.S. Geological Survey, Reston VA Lines: 17