This place sucks, but I like reading the pictures...

Sharkey

Sharkey

Word Ninja
jnabird333 said:
This cracks me up...I have Metalcloak, Synergy, Poison Spyder, GenRight, Bilstein, JCR, and run Goodyear MTRs (Oh, and I have silly blue halos in my lights). I have never been harassed. :crazyeyes: :thinking:
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Are you sure I haven't harassed you about the halos? :bleh:
 
NFRs2000NYC

NFRs2000NYC

Caught the Bug
Cole Trickle said:
Always good to have a "insurance" conversation with someone in the know.:crazyeyes:

Were in the property and casualty business and typically see a 55-65% loss ratio. For every dollar paid in .55-.65 cents goes back out the door. Factor in overhead for the company and a commission to me to service the account and were not talking a ton of $$$. Granted when the stock market was good they could make pretty good $$$$ by reinvesting along the way. Stock market becomes volatile and guess what things get extremely tight hence increasing insurance rates.

So insurance is extortion????

One of your members buys a brand new 2015 45K Unlimited Rubicon and unfortunately hydroplanes and totals the jeep 3 months after he takes delivery. Insurance company pays out claim and the insured has only made $300 worth of insurance payments. How is the insurance company ever going to make that $$$ back collecting $100 monthly payments going forward....the answer is there not and the risk has to be shared among the book of business.

The definition of insurance is sharing the risk. Honestly people like me and you don't use insurance because we can actually drive. Unfortunately the good drivers are just a small percentage of the client base.
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Did you seriously just say this? I think you're in the wrong business pal. That insurance company might have gotten on $300 worth of payments from that customer, but they got hundreds of thousands from others. Insurance works on a very simple principle.....more people pay in than they pay out...and that number is BIIIIIIIIIIIG.
 
JAGS

JAGS

Hooked
OverlanderJK said:
I stopped reading after this dumb fuck said insurance companies don't make money. GTFO!
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Exactly!!! WTF. If it is a "company," they are trying and do make money. They aren't in or stay in business to lose money. That's not just exclusive to insurance industry.
 
StrizzyChris

StrizzyChris

New member
Cole Trickle said:
Most of the offroad industry and the hundreds if not thousands of people he has banned over the years must be wrong....lol:);)
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Hot94Z28

Hot94Z28

New member
Seems like about once a week one of these pop up. All of a sudden he has the butt hurt whatever I think it's funny when they act like asshats.
 
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