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To: PAR35

Allstate’s expensive, but we got significant hail damage a few years ago here in Texas, and they were quick and fair in getting me paid for the repairs. Folks with cheaper insurance were the ones complaining about the adjustment process.


people don’t understand risk mgt. They think insurance should make them whole again.

You never want to collect on insurance, it means you lost. Especially life insurance.


22 posted on 03/15/2025 7:29:20 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere)
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To: PeterPrinciple
They think insurance should make them whole again.

But for the deductible, it should. You calculate how much loss you can absorb, and insure for the loss above that. And it should make you whole on the insured loss.

26 posted on 03/15/2025 8:07:23 AM PDT by PAR35
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