Quote:
Originally Posted by WillowTheWhisp
Look at it this way Chav - if you paid into an insurance company and they didn't cover their losses how would you feel when you came to make a claim and they said "Sorry but we haven't any money left, you'll have to wait until a few more premiums come in."
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what i am saying is that they have enough money coming in considering how many cars are on the road and how many have accidents they just put up premiums so that they dont have to cut into PROFFITS and upset share holders , they simply cant loose and its wrong
if they have 10 million proffit coming in and 1 million goes out in payouts that leaves 9 million proffit but rather than accept their loss despite still been 9 million in proffit they get that 1 million back from people who havnt claimed
if a normal buisness man has the same proffit and losses he has to accept it but insurance companies get away with pure greed because it is law that you have to have insurance
yes everyone shoudl have insurance but they shoudl be limited as to how much they can charge