Posted On: April 23, 2008, 8:31 am CDT

Posted By: Fred,

[b]""Post On: April 22, 2008, 6:22 pm CDT
Post By: Jake

Comment:
The idea of a deductable is to put some responsibility of damage back on the consumer. The higher responsibility level chosen, the lower the premium will be charged. Repair shops hiding the deductible's should be penalized for further pushing this economy in the wrong direction. If a repairer wants to get more business, they should do excellent work and maintain a great reputation in the communities they work in. ""[/b]

Hey Jake...

Point 1 ... The idea of a deductible is to Discourage insured's from filing a Claim. Lets say one has an $1000.oo deductible and suffers $1289.oo in damage. At the risk of paying a higher rate or worse, being canceled, is an insured likely to file a claim to recover $289.oo?? In the end, that $1000.oo deductible became an $1289.00 deductible.

In this scenario the insured paid for insurance but effectively didn't have insurance because they would likely pay the entire cost out of pocket. Nice, real slick on the insurer's part.

Point 2 ... The one's further pushing this economy in the wrong direction are the Over paid upper layer of Corporate Executives that, through lucrative Stock Options, are raiding the Company Profits by using these options to Transfer these profits into their personal Bank Accounts. Again.. Nice, real slick on the insurer's part. (and other Billion $$ companies.)

Point 3 ... When a repairer tries to get more business, by doing excellent work and maintaining a great reputation in the communities they work in, they Must receive an higher scale of pay to cover the expense of using better quality *Parts* & *Materials*, and a whole lot more. Now here's the Rub..! When the insurance companies see this Better Shop charging what is needed to be the "Better Shop" they (the insurers) will effectively black-ball this shop and use every conceivable method they can think of to *STEER* any and all consumers away from this "Better Shop" that does all Necessary & Reasonable repairs in a Profession manor. Why you ask?? Because no matter how much an insurer profits... its never enough!! And they will beat down any Doctor, Hospital, Contractor, and Body Repair Shop that gets in their way.

Fred,