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First recorded activity by BoatBanter: Aug 2006
Posts: 188
Default Almost as stupid as boat insurance . . .

The headline states, "Windstorm rates for condos to increase
330 percent" (Free Press, June 21, 2006). The article goes on
to cite statistics that paint condo owners as woebegone victims
drowning in a flood of "Big Insurance" greed.
Oh boo-hoo! What a sniveling bunch of crybabies! One would
think insurance was an entitlement from the way the press and
the public carry on.
While I expect a purblind public, I wonder what's wrong with
newspapers these days when they print such victim-mentality
articles week after week without once looking at a dictionary and
reading a definition that renders their articles little more than
gratuitous rabble rousing.
Webster defines insurance as, "a contract (insurance policy)
purchased to guarantee compensation for a specified loss by fire,
death, etc." Note the prominent use of the words, "contract
purchased."
The way the aforementioned article and others like it carry on,
one would think the typical reporter these days views insurance
as an entitlement, like cheap gasoline, social security, Medicare,
etc. - just more sugar candy for the liberal "gimme" crowd.
Correspondingly, the way home and condo owners bellyache
and agitate for insurance being turned into just another entitlement
demonstrates ignorance on par with the typical reporter. Isn't it
ironic that numerous hurricanes combined with dishonesty
and greed on behalf of the insured have all but driven legitimate
insurance companies out of the windstorm insurance business
while those partly responsible by grossly overstating their losses
and filing false claims have the cheek to play the poor innocent
victim?
So the State of Florida takes over with their own version of
a non-profit insurance company to fill the void - i.e. socialism.
Why, you're some kind of a mental midget if you honestly think
windstorm rates would do anything but balloon once a State
bureaucracy takes charge. Anytime you get government involved
be prepared to open your wallet wide.
The bottom line is insurance companies sell insurance and
make a profit in order to stay in business. They are not in the
charity or entitlement business. Be prepared to pay the market
rate. If you think you can get away with cheating them, think
again. They just jack up their rates. When they get their fill of your
cheating, you'll end up with no insurance or government getting
into the insurance act so be prepared to pay confiscatory rates.
If you can't afford to pay these rates please stop your whining and
complaining. Live without insurance or move out of hurricane-prone
areas and allow those of us who can afford to live here, to live here
in peace.
I hope this helps.

Paladin
--have sailboat, will travel.

--
Posted via a free Usenet account from http://www.teranews.com

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First recorded activity by BoatBanter: Jul 2006
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Default Almost as stupid as boat insurance . . .


"Paladin" noneofyourbusiness.www wrote:

If you can't afford to pay these rates please stop your whining and
complaining. Live without insurance or move out of hurricane-prone
areas and allow those of us who can afford to live here, to live here
in peace.
I hope this helps.


Amen, Brother. Where is Bob Crantz when you need him? huh?

LP

Paladin
--have sailboat, will travel.

--
Posted via a free Usenet account from http://www.teranews.com



 
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