Auto insurance has to be a good business right now
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wrote on 28 Apr 2020, 14:18 last edited by
Got some cash in my checking account from Allstate last night.
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wrote on 28 Apr 2020, 14:35 last edited by
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.
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wrote on 28 Apr 2020, 14:46 last edited by
I'd guess the life insurance companies are going to be hurting...
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I'd guess the life insurance companies are going to be hurting...
wrote on 28 Apr 2020, 15:24 last edited by@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.
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wrote on 28 Apr 2020, 15:28 last edited by
I wonder if the cost of life insurance has spiked because of this.
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wrote on 28 Apr 2020, 15:34 last edited by Horace
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wrote on 28 Apr 2020, 17:03 last edited by
Death toll 60% higher than thought based on excess deaths? Wow.
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wrote on 28 Apr 2020, 17:20 last edited by
I'm waiting to see what Fox News says about these figures before dismissing them out of hand.
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I'm waiting to see what Fox News says about these figures before dismissing them out of hand.
wrote on 28 Apr 2020, 17:22 last edited by@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?
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wrote on 28 Apr 2020, 17:24 last edited by
The only people who ever talk about or admit to following MSM sources are people hate-watching or hate-listening.
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@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?
wrote on 28 Apr 2020, 17:24 last edited by 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.
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@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.
wrote on 28 Apr 2020, 17:37 last edited by@LuFins-Dad You might well be right about the life insurance losses.
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wrote on 28 Apr 2020, 17:55 last edited by Doctor Phibes
Edit - never mind...
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wrote on 28 Apr 2020, 18:46 last edited by
@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?
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wrote on 28 Apr 2020, 18:47 last edited by
The article he linked.
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wrote on 28 Apr 2020, 18:47 last edited by
Written by tweet author
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wrote on 28 Apr 2020, 18:49 last edited by
@jon-nyc Never mind, I saw the link to the articles.