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Exactly this. I've worked with insurers and the first step to any claim is working out the cost of fighting the claim versus paying up. I wrote part of the syst
by togusa 11y ago
Exactly this. I've worked with insurers and the first step to any claim is working out the cost of fighting the claim versus paying up. I wrote part of the system for managing estimates. You're only going to win easily if the claim value is cheaper than their lawyers fees.
- TeMPOraL 11y agoSo we can't really trust even in insurance for big things? Fuck it. Who can we trust with anything nowadays?
- jules 11y agoMove out of the US.
- togusa 11y agoI'm in the UK. It's no better here or in Europe.
- tirant 11y agoMuch better in Europe. Never had any issue with any of the claims to my insurance company, and price did not go up. They even provide legal support for incidents outside home. I had a bike crash, and they took all the required paperwork and settled with the other part without me paying a dime.
- TeMPOraL 11y agoI'm in Poland. But I guess given how everything is international now, I doubt EU has it any better than the US.
- w__m 11y agoIf you're below middle class, large corporations (banks, insurance companies, media providers etc.) are most likely able to treat You as they please. While it's really hard to blame the less wealthy, given our history. I think this is worldwide: If you're not able to protect yourself, no one will.
- togusa 11y agoI wouldn't use it as a safety net myself these days, just a dice roll. Good question. After working in insurance and finance for about 15 years, not those two sectors for sure.