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hazetguy
Samba Member
Joined: April 06, 2001
Posts: 10804
Location: the past
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 Posted: Tue Apr 14, 2020 5:49 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| mark tucker wrote: |
| I just got my life insurance bill from the state fram.....they scammed millions of people with this, then tried to not honner it at all witch get the laywers involved...now that have to... I was stupid and took out a loan on mine about 8 years ago and got scammed on it when I did that, after 20 years you were not required to pay any premiums it would pay them by the interst...well I took out $4000 and repaid it in a few months, but that effed up the no pay and now that it should be paying again they say the stocks have fallen and I have to pay it.... effing insurance scams. |
can anyone translate this into something understandable and coherent? |
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heimlich 
VWNOS.com
Joined: November 20, 2016
Posts: 7576
Location: Houston, Texas
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| Posted: Tue Apr 14, 2020 6:12 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| hazetguy wrote: |
| mark tucker wrote: |
| I just got my life insurance bill from the state fram.....they scammed millions of people with this, then tried to not honner it at all witch get the laywers involved...now that have to... I was stupid and took out a loan on mine about 8 years ago and got scammed on it when I did that, after 20 years you were not required to pay any premiums it would pay them by the interst...well I took out $4000 and repaid it in a few months, but that effed up the no pay and now that it should be paying again they say the stocks have fallen and I have to pay it.... effing insurance scams. |
can anyone translate this into something understandable and coherent? |
He bought life insurance base on current interest rates. The life insurance paid it's own premiums until the interest rates went down. Then he took out money against it. Then he had to start paying life insurance premiums again.
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67 Florida Deluxe
Samba Purist
Joined: June 21, 2005
Posts: 7990
Location: Gainesville and Tampa, Florida
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| Posted: Tue Apr 14, 2020 7:20 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| heimlich wrote: |
| TDCTDI wrote: |
X2, I've been a USAA member since the '80s, they have always had great service & had far better pricing.
Unfortunately, they farm out their "collector car" insurance. |
The last time I checked they didn't have collector car insurance. I figure if I get hit the other guys insurance can pay for it. |
NO! You won't get shit from the other insurance company for your collector car!! Correct in that USAA doesn't offer their own collector car insurance. That is a specialization. Shop for that on your own (Grundy, Hagerty, American Collectors) But don't assume the claimant or adverse carrier will ever pay your car's true value. They will only pay book, which is the current "retail" value of your car. You NEED to have your own collector policy with an AGREED VALUE (NOT stated value) policy.
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-Kent (BaT "daleallen")
OG member of the '67 Posse
A few of my toys, past and present
'56 Oval, '66 KG Conv't, '67 21-Window, '67 Bug, '79 SuperVert, '55 Pre-A Continental |
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Glenn
Mr. 010
Joined: December 25, 2001
Posts: 80443
Location: Sneaking up behind you
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| Posted: Tue Apr 14, 2020 7:26 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| heimlich wrote: |
| I figure if I get hit the other guys insurance can pay for it. |
My daily driver was hit when parked, i was in it, have video of him hitting it and have a text from him saying he never looked when backing up. I had the car repaired in 2 weeks using my collision insurance. My insurance company is still waiting for his insurance company (GEICO) to pay them. The accident was 5 months ago.
That's a long time to wait and you will most likely need lawyer.
_________________
Glenn
74 Beetle Specs | 74 Beetle Restoration | 2180cc Engine
"You may not get what you pay for, but you always pay for what you get"
Member #1009
#BlueSquare
עַם יִשְׂרָאֵל חַי |
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67 Florida Deluxe
Samba Purist
Joined: June 21, 2005
Posts: 7990
Location: Gainesville and Tampa, Florida
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| Posted: Tue Apr 14, 2020 7:35 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Glenn wrote: |
My daily driver was hit when parked, i was in it, have video of him hitting it and have a text from him saying he never looked when backing up. I had the car repaired in 2 weeks using my collision insurance. My insurance company is still waiting for his insurance company (GEICO) to pay them. The accident was 5 months ago.
That's a long time to wait and you will most likely need lawyer. |
Sucks that happened, but I'm surprised Geico is being uncooperative. In Feb of last year, their insured backed up WITHOUT LOOKING and jammed his hitch into my grille and hood. I claimed directly through them and it was quick and efficient. Actually, I was very impressed with Geico. I even got paid for extended rental AND compensation on a diminished value claim (but it was a newer car) Maybe become a squeaky wheel? 
_________________
-Kent (BaT "daleallen")
OG member of the '67 Posse
A few of my toys, past and present
'56 Oval, '66 KG Conv't, '67 21-Window, '67 Bug, '79 SuperVert, '55 Pre-A Continental |
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heimlich
VWNOS.com
Joined: November 20, 2016
Posts: 7576
Location: Houston, Texas
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| Posted: Tue Apr 14, 2020 7:41 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Glenn wrote: |
That's a long time to wait and you will most likely need lawyer. |
I love lawyers. Let them do what they are there for.
_________________
www.vwnos.com [email protected]
Classic Brands. Classic Quality.
Not all parts are made the same. NOS OE/OEM parts made mainly in West Germany, Early Germany, and Early Brazil are where VW produced the best quality parts and best fitting products.
5% Off your order with coupon code: 5%OFF
Restored Distributors Available (<--Click here) |
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jspbtown
Samba Member
Joined: January 27, 2004
Posts: 5265
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| Posted: Wed Apr 15, 2020 6:18 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Quote: |
| Actually, I was very impressed with Geico |
I have to say the same. My wife seems to have a target on her cars. Her Cayenne had the front bumper cover literally ripped off in a parking lot and they were great. She was then rear ended a couple years later in her X5 and they stepped right up.
Both times I took it to the best (and most expensive) body shop in my area and they didn't flinch. I was even able to get the Porsche repaired without paying my deductible. |
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13587
Location: Tejas!
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| Posted: Wed Apr 15, 2020 7:44 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| heimlich wrote: |
| Glenn wrote: |
That's a long time to wait and you will most likely need lawyer. |
I love lawyers. Let them do what they are there for. |
even a lawyer can't get blood from a turnip, even if they try to hammer 'em
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jspbtown
Samba Member
Joined: January 27, 2004
Posts: 5265
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| Posted: Wed May 06, 2020 10:21 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Just go my discount from Geico....$355 off my 4 car policy.... |
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heimlich
VWNOS.com
Joined: November 20, 2016
Posts: 7576
Location: Houston, Texas
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| Posted: Wed May 06, 2020 11:24 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Erik G wrote: |
| heimlich wrote: |
| Glenn wrote: |
That's a long time to wait and you will most likely need lawyer. |
I love lawyers. Let them do what they are there for. |
even a lawyer can't get blood from a turnip, even if they try to hammer 'em |
The right lawyer will. Insurance isn't a way to get out of paying for damages to another person's vehicle. Let me give an example.
You hit a car that just rolled off the new car lot. That car was purchased for $100,000. You have $25,000 liability insurance (This is the Texas minimum). Your insurance company is only liable for $25,0000. You as the car owner are liable for the rest.
_________________
www.vwnos.com [email protected]
Classic Brands. Classic Quality.
Not all parts are made the same. NOS OE/OEM parts made mainly in West Germany, Early Germany, and Early Brazil are where VW produced the best quality parts and best fitting products.
5% Off your order with coupon code: 5%OFF
Restored Distributors Available (<--Click here) |
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13587
Location: Tejas!
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| Posted: Wed May 06, 2020 11:30 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| heimlich wrote: |
| Erik G wrote: |
| heimlich wrote: |
| Glenn wrote: |
That's a long time to wait and you will most likely need lawyer. |
I love lawyers. Let them do what they are there for. |
even a lawyer can't get blood from a turnip, even if they try to hammer 'em |
The right lawyer will. Insurance isn't a way to get out of paying for damages to another person's vehicle. Let me give an example.
You hit a car that just rolled off the new car lot. That car was purchased for $100,000. You have $25,000 liability insurance (This is the Texas minimum). Your insurance company is only liable for $25,0000. You as the car owner are liable for the rest. |
lol no shit? 
what I'm referring to is the person with no insurance. no house. no job on paper. you cannot get money from someone that doesn't have any. Sure, you can get a judgement. Is the judgement going to pay your bills, pay your car to be fixed? pay the layer? fuck no, and most lawyers won't even take that kind of case if they know they arent getting paid
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heimlich
VWNOS.com
Joined: November 20, 2016
Posts: 7576
Location: Houston, Texas
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| Posted: Wed May 06, 2020 11:37 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Erik G wrote: |
lol no shit?
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My explanation was for the original topic of where someone has to wait to get paid. If they have insurance maybe they have something else. Most people who don't have anything don't bother with insurance. At least they used to not too. In Texas everything can be looked up by license now so maybe that has changed.
| Erik G wrote: |
what I'm referring to is the person with no insurance. no house. no job on paper. you cannot get money from someone that doesn't have any. Sure, you can get a judgement. Is the judgement going to pay your bills, pay your car to be fixed? pay the layer? fuck no, and most lawyers won't even take that kind of case if they know they arent getting paid |
You don't even bother with those.
This is what uninsured (underinsured) motorist insurance is for. USAA told me they would not pay out replacement value but they said their uninsured/underinsured would.
_________________
www.vwnos.com [email protected]
Classic Brands. Classic Quality.
Not all parts are made the same. NOS OE/OEM parts made mainly in West Germany, Early Germany, and Early Brazil are where VW produced the best quality parts and best fitting products.
5% Off your order with coupon code: 5%OFF
Restored Distributors Available (<--Click here) |
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mark tucker
Samba Member
Joined: April 08, 2009
Posts: 23945
Location: SHALIMAR ,FLORIDA
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| Posted: Wed May 06, 2020 2:14 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| still nothing from the state farm... |
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EverettB
Administrator
Joined: April 11, 2000
Posts: 71913
Location: Phoenix 602
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Randall
Samba Member
Joined: October 03, 2004
Posts: 1404
Location: Orange County, Alta California, El Norte
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| Posted: Wed May 06, 2020 8:53 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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I got an email from Allstate that stated in part:
As we all work together to slow the spread of COVID-19, more of us are at home and driving less, which means having fewer accidents. That's why we are announcing a Shelter-in-Place Payback for our auto customers. And, since our lives have become more digital, we are providing free identity protection for the rest of the year.
Most auto customers will get an average payback of about 15% based on their monthly insurance costs during April and May. You can get your payback faster through the Allstate® mobile app.
I'm paying $369. every 6 months to Allstate. According to their average payback of 15% I should get: $369 / 6 = $61.50 x 2 months = $123 x 0.15 = $18.45
My bank account received a $10 credit from them about 10 days ago, which is 8.13% -- quite a bit less than 15%. Not that I need the extra $8.45 to keep me from starving. Maybe they are paying back month by month, which means they're refunding 16.26%. Who knows? |
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jspbtown
Samba Member
Joined: January 27, 2004
Posts: 5265
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| Posted: Thu May 07, 2020 6:17 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Quote: |
| Most auto customers will get an average payback of about 15% based on their monthly insurance costs during April and May. You can get your payback faster through the Allstate® mobile app. |
Yikes....Geico is 15% of your entire renewal....My premium is about $2100 (and change) for 12 months for my 4 cars and I am getting back 15% of that ($355.00) |
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obus
Samba Member
Joined: March 08, 2001
Posts: 11793
Location: just off Garden State Parkway Exit 81
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VWsArent4Hippies
Samba Member
Joined: April 13, 2005
Posts: 3081
Location: The Bull City
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| Posted: Thu May 07, 2020 8:49 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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I haven’t gotten anything back from Hagerty 
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| aeromech wrote: |
| in my opinion you don't know shit |
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mark tucker
Samba Member
Joined: April 08, 2009
Posts: 23945
Location: SHALIMAR ,FLORIDA
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| Posted: Fri May 08, 2020 8:28 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| I think state farm will just give us the squirts..... |
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Abscate
Samba Member
Joined: October 05, 2014
Posts: 24422
Location: NYC/Upstate/ROW
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| Posted: Fri May 08, 2020 12:43 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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I got 31% back from sf in NY
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