Quote:
Originally Posted by troutman
The cap was not the right way to make rates affordable.
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Agreed. What should have been done was enacted legislation that made reporting false insurance claims a more serious offence. That way you could eliminate the people who are there to just exploit the situation while still allowing those truely affected to get what is owed to them.
I don't buy insurance because it's too good of a deal to pass up. I buy it to cover my losses should the unexpected happen.