Auto insurance has to be a good business right now

[mark]

Good! Maybe they will go out of business.

[Mik]

State Farm is giving us a 25% refund on our three auto policies.

[LuFins Dad]

I haven’t seen anything from State Farm yet.

[George K]

Got some cash in my checking account from Allstate last night.

[Horace]

I'm totally pillaging my health insurance this year. I hit my deductible so now it's game on. Blue cross blue shield can suck on that MRI bill.

[Ivorythumper]

I'd guess the life insurance companies are going to be hurting...

[LuFins Dad]

@Ivorythumper Why so? There are fewer accidental deaths and crime related deaths right now, which disproportionately effects the young, which normally mean larger payouts and ahead of schedule. At the same time while there is an increase of the number of deaths, I am finding it difficult to find how many people died last week vs. how many died the same week last year... But I’m sure that the COVID-19 deaths aren’t completely on top of the normal death toll.

In addition, as already touched on, this is disproportionately affecting older people, many of whom carry only modest policies or no policy and in many cases, it’s only moving the payoff up by several months. We’ve all seen the story where some doctor estimated that 90% of his patients that died of this crap would have died anyway over the next year. So instead of August, it’s April.

Finally, how many people just increased or opened policies? My bet is far more than what is typical.

[Horace]

I wonder if the cost of life insurance has spiked because of this.

[Horace]

[jon-nyc]

Death toll 60% higher than thought based on excess deaths? Wow.

[Doctor Phibes]

I'm waiting to see what Fox News says about these figures before dismissing them out of hand.

[George K]

@Doctor-Phibes said in Auto insurance has to be a good business right now:

I'm waiting to see what Fox News says about these figures before dismissing them out of hand.

Perhaps they can get some advice from Mayor De Blasio as to what to say?

[Horace]

The only people who ever talk about or admit to following MSM sources are people hate-watching or hate-listening.

[Doctor Phibes]

@George-K said in Auto insurance has to be a good business right now:

@Doctor-Phibes said in Auto insurance has to be a good business right now:

I'm waiting to see what Fox News says about these figures before dismissing them out of hand.

Perhaps they can get some advice from Mayor De Blasio as to what to say?

I doubt they'd feel the need to stoop to interviewing Democrats with so many Republicans available to bolster their bullshit.

You chaps all sound the same to me, of course.

[Ivorythumper]

@LuFins-Dad You might well be right about the life insurance losses.

[Doctor Phibes]

Edit - never mind...

[LuFins Dad]

@jon-nyc said in Auto insurance has to be a good business right now:

Death toll 60% higher than thought based on excess deaths? Wow.

Where are you seeing that? Is it in the thread of replies?

[jon-nyc]

The article he linked.

[jon-nyc]

Written by tweet author

[LuFins Dad]

@jon-nyc Never mind, I saw the link to the articles.