Quote:
Originally Posted by Robbie
And not only that...they use it to justify raising EVERYONE'S rates!
And then we get handed the argument that all of a sudden, magically in the last couple of decades that people using the emergency room with no money is responsible for medical costs and high insurance.
Yeah...because that never happened before.
It's pretty much the way they milk it for money.
I don't know about you, but in my experience I've found that there is always some milking going on.
I mean look at car dealerships and the whole scam there where people pay literally thousands more than they have to and think they got a "good deal".
Or retail furniture sales. They do 300% markups on product!
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One of my favorite car dealership tricks is when they tell people that they are giving them a good deal because that particular dealership is a wholesaler. Anyone can be a wholesaler. Calling yourself that doesn't mean it is so.
I used to work in the auto insurance industry on the side that set values of lost or totaled cars. What most people don't know is that many insurance companies hire companies to tell them how much to pay you for their car. They choose which company to go with by sending over the same info on a car to several different companies and having them all do a valuation. Whoever comes back with the lowest price gets the business. They will do everything they can to lowball you when it is time to make a payoff.