Posted On: May 27, 2006, 7:33 am CDT

Posted By: Ken Vaughn

The problem is getting what you pay for come claim time. The cost of insurance and the profits earned as a business in business to make a profit would not be questioned if bad faith never showed up at claim time. Failure to prevent a homeowner from having to become a general contractor by paying enough on a claim to give them what they paid for in premiums is a far more important subject... especially since none of the insurers are writing the first adjusters summary to truly provide enough money for a general contractor while having full knowledge that the homeowner/policyholder's premiums included this significant cost associated with restoration. Tell an 80 year old widow she has to play general contractor and find the laborers and materials necessary to put her home back in the condition it was in prior to her loss and walk away feeling like you are in a great and fair dealing industry and I hope lightening strikes you! It's the daily bread you feed the ignorant masses who are lead by the either equally ignorant or corrupt taxpayer supported leaders across our country. Let's wake up and educate everyone on how this game has been played for many years. Then let's do something about it and give homeowners what they paid for... at claim time... not political popularity time.