EastRam
Pro Bowler
- Joined
- Apr 4, 2013
- Messages
- 1,994
I can't think of a bigger deal Monday Night game in recent memory.
I remember the Giants playing the Bears years ago when they had both won SB's in the last two years and were considered SB favorites again.
Other than that..........I got nuthin'.
That started with Hurricane Andrew from what I understand.
Here your deductible is "floating". It's a percentage of the value of your house. 2%, 5% or 10% depending on what policy you buy. Discounts can be had but it's a crap system.
So if you have a 300K house that sustains significant damage and your policy is 5% you have to cover the first 15K out of pocket. This is why we see two things happening right now here in SWFL.
Blue tarps still on roofs over a year later because the people that own the house can't afford the deductible for a new roof, or landscape damage or whatever the case may be. They have to save up to get repairs. Hurricanes damage roofs, air conditioning systems, knock trees down into homes and on top of cars, blow away fences and all kinds of other crap. It's expensive.
And..........
MASSIVE insurance fraud. Like you would not believe.
In order to get work from homeowners remodelers and roofers and contractors of all kinds blow up the repair estimates so that it covers the actual cost without a dime from the homeowner for the deducible saving the homeowner out of pocket $$$. In some cases the contractor will tack on extra on top of that and split it with the homeowner so it's "profitable", they each get a little money IN pocket. If a homeowner is facing 10K to 50K out of pocket versus nothing out of pocket we know what many will decide. Getting a new roof and 2 grand in pocket will make an honest man lie.
Then my car insurance take a HUGE jump up. Essentially a 30% increase.
Yes. That's exactly the same thing here it's total BS they have allowed insurance companies to get away with floating deductibles.
Maybe someone in Cali can shed light if it's the same way with fires and earthquakes out west.