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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (18188)3/6/2004 1:54:19 PM
From: MulhollandDriveRead Replies (4) of 306849
 
Although, they are raising rates like crazy now. I just got a letter from my insurance company that stated that in the last three years they paid out $1.60 in claims for every dollar of premium they collected! The punch line was a 45% increase in homeowners phased in over two years with slightly increased discounts for people like me who have multiple policies. It's time to raise those deductibles again. I hate insurance.

they did a lot better than me....i paid out approximately $1.00 in premiums for every .15 cent in benefits i collected over the past 2 years.

for the first time ever, now that congress finally passed and the president signed the new msa legislation... i am cancelling my full benefit medical coverage for a very high deductible major medical plan and an msa
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