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Been calling insurance brokers all day trying to save money on homeowners
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Date: April 29th, 2024 7:56 PM Author: Cyan cowardly step-uncle's house Motherfucking cunts keep asking me if I pay for my insurance through a cucky little escrow account. I keep saying, “fuck no.” I buy my insurance all up front once per year. Don’t give me any payment plans or fuck you charges as add ons. Insurance companies are the fucking worst. God damn bullshit faggot claim denying pieces of shit. They’re in it together. In a cabal. And all the policies are reinsured and the reinsurance is reinsured so it’s all the same god damn thing at the end of the day. Fucking scam with about 100 layers of administrative paper pushing rent-seeking jackals raising the cost of insurance like 10-20x what it should cost to insure the risk. But we pay for all this. And these fucks and their reinsurers are laughing all the way to the markets where they’re making a great return as well. Fuck them. I hate this racket. |
Date: April 29th, 2024 7:58 PM Author: diverse brunch I have a ~$1.7MM property for which I only pay ~$800 / year in insurance. How MAF are you? (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619810) |
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Date: April 29th, 2024 8:02 PM Author: Cyan cowardly step-uncle's house Insane. I pay like $10k in property taxes and $6k for homeowners. So thats, 16k or $1333/mo. in non-mortgage carrying cost. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619824) |
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Date: April 29th, 2024 8:04 PM Author: diverse brunch Don't worry -- I pay ~$25k / year in property taxes (for that property)-- which balances it out. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619830) |
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Date: April 29th, 2024 8:10 PM Author: Cyan cowardly step-uncle's house Ouch. I guess so. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619847) |
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Date: April 29th, 2024 8:17 PM Author: Cyan cowardly step-uncle's house I am paying double on a percentage basis though. I should get a discount for owning a cheaper property. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619875) |
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Date: April 29th, 2024 7:59 PM Author: diverse brunch Also, that shit all goes out through a centralized system. You can't go out to multiple brokers at once for quotes. You get flagged and it fuck everything up. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619814) |
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Date: April 29th, 2024 8:04 PM Author: Cyan cowardly step-uncle's house It makes sense because all the carriers’ get their policies reinsured from the same reinsurers which is a big component of the underwriting. Honestly I don’t even know why we have insurance. It’s all a scam. We regulate and criticize gamblers but we force everyone to buy insurance policies? It’s the same goddamn thing. |
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Date: April 29th, 2024 8:04 PM Author: diverse brunch It's to protect your lender, not to protect you.
Buy what you can afford all cash and you don't need insurance. |
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Date: April 29th, 2024 8:09 PM Author: Cyan cowardly step-uncle's house Yeah I don’t have that much cash and I am a mortgage cuck. It fucking sucks. Fuck the lender too. They make a killing and they bundle this shit and get backed up anyway. It’s risk free to them. It’s a goddamn garbage scam system. Fuck all houses and the us housing market. Fuck Joe Biden. |
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Date: April 29th, 2024 8:15 PM Author: glittery aqua bbw love of her life My mother has 12 properties. I have 3. You would think we would get a discount for never filing a claim in 27 years but no. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619866) |
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Date: April 29th, 2024 8:15 PM Author: Magenta church building At least you have options. (http://www.autoadmit.com/thread.php?thread_id=5522888&forum_id=2#47619872) |