Posted On: February 27, 2007, 11:22 am CST

Posted By: Chad Balaamaba

Kim
wow, lots of premium...expensive house, too. I'm trying to figure why you aren't states witness at all these trials; you have so much information, you seem to know more than the homeowners and their carriers.

Let's review the Kim David theory of insurance:
Premiums = claims = insurer must pay

insurer must pay, or they would be taking in money and keeping it when loss occurs

does not matter if an exclusion denies part or all of loss; Kim feels loss to be paid because premium has been paid, even if it was for something else, SOMEONE HAS TO PAY AND IT BETTER BE THE BIG DOG!

No one here will argue if a homeowner is wronged, they shouldn't recover. However, your 'State Farm is the devil, their ceo carries a pitchfork' routine sounds like the insurance version of Cindy Sheehan. Spending billions on one of the most horrific storms in history is well short of a denial conspiracy. Please, if your going to get facts, let's get them all.

And most of all, you fail to account that there is even the slightest possibility that any of these people should have had flood insurance, and had personal responsibility for which they failed. Pretending that a carrier who has long scored extremely high in customer satisfaction surveys is suddenly 'out to get' folks on the coast. Heck, they probably only sent their adjusters out to get photos of the damage so they could use gas in their cars and add to global warming, too. It's all a conspiracy.

I work for a carrier who has been lauded by the respective DOI's from both LA and FL. There are many carriers who have paid more than their share on these claims. So, it's seems if this is a conspiracy, it's a damn well disorganized one. As such, you can probably put away your tin foil hat and let the government continue reading your thoughts; it's a short book.

You'll probably get your way; everyone is out to prove State Farm is now the insurance version of Wal-Mart; their screwed in the public opinion forum. However, simply because a court rules in your favor, don't consider yourself 'right', just think of yourself as another mindless 'joiner' who loves to pile on. Anyone who knows their way around the MS/LA courts knows it's already next to impossible to get a fair trial to begin with; now, you have to select from a jury pool who feels they've been 'wronged'; good luck to State Farm and anyone else defending claims there.

Come to think of it, you probably better keep that tin foil hat on. Keep it good and tight so we can continue to enjoy your factless rants.

The best thing about all of this is neither I, nor you, were there to personally inspect these homes. We develop opinions based upon stories we read and hear. I know allot of folks who work for the Farm, and I have yet to see anyone hiding a pentagram under their desk, so I don't think they get any personal joy from denying a loss. Could they be wrong? sure. Can State Farm, or any other carrier get a fair hearing in one of these courts; not likely. Are any of these carriers going to restrict their business, leave the states as a result: you bet; what would you do.

Kim, you're missing a great opportunity. You and your bleeding heart friends should put your funds together and start your own insurance company. This is obviously a very profitable business, and these are evidently high profit, low risk areas. Your company will clean up and provide the best service for the best price. Better yet, you can introduce a 'no premium due until you are completely satisfied' policy. That way, if the claim is denied, the policy holder can withhold payment due to their dissatifaction. That will alleve your $3000 premium and no loss paid dilemna. Good Luck, Kim, you can do it. I can just feel it.