Look at this picture, and try to figure out how it is that these cars to rest like this.
Now, imagine you’re the owner of car B, calling the insurance company of car A to file a claim to get your car fixed.
Seems likely, that given this picture, you shouldn’t be hassled about whether or not car B is at fault, right? I mean, c’mon?
Well, I bet, that the insurance company of car A, tried to argue that the driver of car B is somehow at fault for this wreck. I mean, why else would car B end up under car A if car B’s driver wasn’t at fault somehow, right?
Keep that in mind the next time you see an ad for an insurance company claiming that they’re there to help you.
Insurance companies, like banks, are in the business of making money. They are not in the business of helping people. One of the ways that they make money, is by keeping expenditures (including the money that they pay out in claims) down as low as they can.
If insurance companies and banks were really in the business of helping people, they’d all be non-profits.
And another thing, why is it that insurance companies don’t refund the money that you pay in premiums? Think about it, you pay a premium for coverage, if at the end of your coverage period, you haven’t made a claim, shouldn’t they refund you your money, minus an administrative fee or something like that?