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It's a Scam- Insurance Companies 

William Bentley Blackburn
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For decades, insurance companies have recklessly taken advantage of their clients through unethical business practices. These swindling tactics have bled our country dry; therefore, it's time to reform these scams that hold us financially captive.

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1 окт 2024

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Комментарии : 215   
@lliwill22
@lliwill22 5 лет назад
Wow! It's pretty incredible that people are still posting on this video, thank you all for watching and sticking around! With that being said, here is a small update. I will be returning to the channel, since the last time I posted a video things have been a bit crazy in my life. I am working on getting my new office set up to do videos as we speak. So they will be coming soon! I'm also going to be migrating over to Bitchute, nothing is up over there currently but feel free to drop by, check it out and subscribe. I'll also link my Instagram as well, again nothing much posted but I will be primarily using it to promote my business. Bitchute: Blackburn_Tech Instagram: instagram.com/blackburntechnologies/
@jimisullivan1240
@jimisullivan1240 4 года назад
ENJOYED YOUR REPORT , THIS IS WHY ITS A SCAM . AND WHY YOUR STATUE OF LIBERTY IS IN THE WATER , NOT THE LAND . ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-w-SPcsfz0_E.html
@jacquelinemanzano9328
@jacquelinemanzano9328 4 года назад
Please watch the videos on Chris Reynolds Tattoo youtube channel, because everything is a scam including politics. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-0mzNxWzB-yw.html In Hollywood, anything can happen in a cartoon.
@aa-tx7th
@aa-tx7th Год назад
you dont even know the first sentence in the dictionary about socialism lol
@joeyluvgirls
@joeyluvgirls 5 лет назад
Illegal to drive without insurance. But legal to extort you for money. 😂
@samuraichampionz
@samuraichampionz 2 года назад
It is because of Neoliberalism, Reaganomics, and Citizens United 😂😂😂😂😂😂.
@Aasil95
@Aasil95 Год назад
Right
@T82ravdaman
@T82ravdaman Год назад
Exactly! What sense does that make? None.
@trealsteve
@trealsteve 6 месяцев назад
Just like the mob.
@MattRios-o2k
@MattRios-o2k 3 месяца назад
Exactly bro
@Yahawadah70ad
@Yahawadah70ad 5 лет назад
I wish you guys would wake up. It's not just insurance companies... this entire country is a scam all the way down to owning a home. You're able to own a home, but not the land.
@kodojak7738
@kodojak7738 5 лет назад
"Own" a home. Even if paid off, if you miss taxes. They can take your home away.
@Yahawadah70ad
@Yahawadah70ad 5 лет назад
Kodojak Exactly
@creditdebitcardscostyoumon4588
Exactly! Our biggest problem started with the invention of the Fed Reserve - which is NOT a government entity- it's run by wealthy elite-check it out for yourself....
@187Chevy
@187Chevy 3 года назад
My brother ✊🏿✊🏻✊
@zakibey7
@zakibey7 2 года назад
Yeah that's what happens when you get a mortgage it's called a dead pledge in law and you're basically sharecropping because you're under a feudalist system
@valeriesanchez3074
@valeriesanchez3074 4 года назад
Should be a crime each time insurance companies don't pay the repairs on your claim.
@brandonwombacher2559
@brandonwombacher2559 2 года назад
Should be doesn't mean it gonna be
@MysticalLlama
@MysticalLlama 2 года назад
Doesn’t work like that the government and major corporations don’t work for the working people
@creditdebitcardscostyoumon4588
Lot of people are forgoing car ownership because of this very reason.........
@EXPERIMENTONGOD
@EXPERIMENTONGOD 5 лет назад
Wow you guys in USA have it quite bad. I live in Spain and I pay 202€ (about $230) A YEAR on insurance for my car. You're getting absolutely hammered by scammers.
@427skies
@427skies 4 года назад
I want to leave this country. Smh.
@harthosshlivanhivon4424
@harthosshlivanhivon4424 Год назад
@@427skies Same. Have for many years. But the way things often go with me, I’d probably wind up with an even worse country (for me) than USA
@sunnysmiles8211
@sunnysmiles8211 5 лет назад
It’s all rigged and/or bait and switch. Premiums increase, benefits stay the same or decrease; factor in little games like co-pays, deductibles and then the potential of downright refusal to pay/denial of claim by the company, *all at their discretion in the fine print.* Then there’s all the complex jargon of coverage categories like comprehensive vs collision and other terms. The less you as a consumer understand what all these terms mean, the better for them. Also benefits paid out (if any) *never keep up w inflation but the premiums sure keep going up!!* They look for any excuse to jack up your rates, deny your claim then drop you as a “customer”. It’s a big government pushed Ponzi scheme!!!
@R.O.T.C._SEEM
@R.O.T.C._SEEM 5 лет назад
My car insurance went from 150 to 400 all because a car destroyed my driver door when I was on a deployment, they charged me for an hit and run accident that wasn't preventable by me seeing how I was 3000 miles away
@matt22blaster
@matt22blaster 5 лет назад
Sure, you could have a savings account with $20k to cover the cost of vehicle damage. But the person you hit broke his femur and neck and will be out of work for the next year. After medical/rehab plus vehicle, you might be looking at $500k to $1 million. Most can't handle that with a savings account. Insurance is a scam, but you're overlooking the real culprit. Most large insurance companies spend close to half their revenue on lawyers, good lawyers, that search for legal loopholes and find any possible way to outright deny your claim. If insurance operated the way you explained, you pay in something happens they pay out, it would be okay. But the truth is you pay in, and if anything happens they fight tooth and nail to deflect responsibility and not pay.
@josh124c
@josh124c 2 года назад
Brainless fear mongering But the math doesn't work out even in the worst winning lottery ticket scenario... If you walk up and down the street Any street In any city In any state Or in any country Add up all the homes Add up all the yearly home insurance against fires (Only home insurance) Now Add up how many fires And add up how much was paid to rebuild the homes for these people Without even doing any of that Simply remove the fear mongering And use logic In place of emotion And it's obvious Any MANDATORY insurance is 100% SCAM
@jeanramirez6441
@jeanramirez6441 2 года назад
I wouldn’t have problems with it if at least they give you a percentage back every year
@haonyoass9556
@haonyoass9556 8 месяцев назад
What you’re looking for is a mutual company, they sometimes offer these. Mutual a are actually owned by the policy holders and when the company profits off of premiums you get paid a dividend at the end of the year. But don’t go to liberty mutual! They got bought out and are no longer a mutual which really blows, despite keeping the name
@jeanramirez6441
@jeanramirez6441 8 месяцев назад
@@haonyoass9556 did not know that thanks
@hugh2hoob668
@hugh2hoob668 2 года назад
Only difference we need our cars everyday Healthcare is worse scam wise
@Lolcryariver
@Lolcryariver Год назад
Insurance= extortion
@jodie927
@jodie927 5 лет назад
Thank you. Finally someone who makes sense. Good video!
@fakfatkids1812
@fakfatkids1812 3 года назад
I like how the rates go up even if you dont use the insurance. I’ve learned to take advantage of them as much as they take advantage of you. Replace your cracked windshield with a company that offers you an incentive like cash back. That screws over the insurance company then you can just switch to a new one.
@chrisrees7054
@chrisrees7054 Год назад
I'm with you! You might as well get something out of them. Like using roadside assistance when you need it.
@ryantrott9529
@ryantrott9529 Год назад
Not anymore! Insurance companies now share all your information with other insurance companies. Any claim you file now all insurance companies can pull it up. It’s such corruption. They are scam they are scamming everyone!
@godschild5587
@godschild5587 6 лет назад
I'm 25, I was paying about $142 dollar monthly for Allstate insurance and now I checked my bank account I saw they took $160 for this month, this is so ridiculous, I didn't have any accident, these people are thieves, I must go to talk to them, this is nor fair, im very angry.
@agarthastudio6005
@agarthastudio6005 5 лет назад
I just discovered that they raise your rate based on claims they have to pay out on everybody else in your state getting in accidents. I noticed the same thing with my insurance payment about a month ago, called & asked, & the lady actually told me that rates went up because of all the claims they had to pay in AZ, & they wanted to keep THEIR financial income up.
@chrisrees7054
@chrisrees7054 Год назад
They did the same thing to me! They increased my rates without notifying me
@incognitoalister
@incognitoalister 2 года назад
Shit makes me so mad
@chrisrees7054
@chrisrees7054 Год назад
Its called extortion. Don't believe me? Google it.
@KingCalb
@KingCalb 5 лет назад
Didnt even mention the deposit you have to pay after you've already been paying
@lliwill22
@lliwill22 5 лет назад
They're always looking for a way to suck your wallet dry. Greedy little wankers.
@bigtoballer3649
@bigtoballer3649 3 года назад
@@lliwill22 Socialism for the wealthy, greedy and the powerful. Rugged capitalism for everyone else.
@OriginalKarasu
@OriginalKarasu 5 лет назад
there is actually a way to not have insurance, it's called self insurance, but u gonna have to have idk like 30k laying around...
@creditdebitcardscostyoumon4588
Consider this: If you had 30k lying around to self insure you could regard it as an "investment" - not having to send off large sums to insrnc companies would make for a nice return on your investment...providing you drive careful and don't have any wreck.....just saying
@OutThere5
@OutThere5 2 года назад
My mother quit her insurance agent job in 2021 because the 3 large Canadian corporate insurance companies like “Intact” are getting so silly with their policies…she said they were arrogant and ignorant, being very pushy with agents to enforce these new ridiculous rules. Apparently if you rent an apartment or house in Canada now, you are NOT allowed to operate or enjoy the comfort of wood stove heat?? Lol I cancelled the insurance on my rental property when Intact said that I have to bring a contractor in to remove a large wood furnace and ductwork from my rental…devaluing the house making it nearly impossible to sell when I decide to. Wow. 😂😂💩 Also my business liability went from $1500 in 2019, to $10,000 in 2020, to $20,000 in 2021. I cancelled that too Looks like Intact will not be making much money from me anymore!! It’s hard to understand the real world, when your making up these silly policies behind a desk in high rise corporate Toronto! Very silly stuff. I cannot put my kids in an after-school program anymore because the business owner says the insurance rules have become so strict and expensive. They stopped doing it. This has affected our family in a negative way. The Canadian insurance companies are degrading the quality of life for Canadians. They have to be stopped.
@Monoplacophora
@Monoplacophora 6 лет назад
Damn good video, straight to the point, well done sir.
@teNpac47
@teNpac47 2 года назад
I just had my car insurance raised to a whopping $346 a month and that was up from $216!!!!! I’m 61 years old no children at all have always been a safe driver until I signed up with PROGRESSIVE or shall I say AGGRESSIVE!!!!!! Every time I get to my anniversary date with them from out of no where an accident happens that was not my fault but they turned it around on me!!! A couple of times my ca was PARKED!!! So sorry I reported the incident!!!! Now I guess I’m living too long so they said helll let’s jack her price up for the hell of it!!! I rarely drive but to grocery shop and to doctors appointments!!! My car stays parked in my garage where they can’t get to it and cause. damage like they did to my other cars and jacked my rates up. What’s your excuse now Progressive just outright stealing from elderly people!!!! Hope this gets out!!!!!!
@toabettertomorrow7949
@toabettertomorrow7949 11 месяцев назад
I’m 21 and I’m with Progressive. I drive a 2009 Elantra and these bastards want $452.62 every month from me. I don’t really care about the age factor and such to tell you the truth because anyone of any age is prone to getting into an accident and are just as hazardous as the next person. I haven’t been involved in an accident with another vehicle and I find it ridiculous they’re charging me almost $500 just to drive my own car. This is my first car! I’m young and I’m not making big bucks just yet, I’d like to drive around and enjoy life without having my wallet sucked dry!!
@largemouthbassman5628
@largemouthbassman5628 5 лет назад
Repair that would cost $800 the insurance company estimate offers $50. No lie
@MukoroJr
@MukoroJr 5 лет назад
I been saying this years upon years
@jimhump3575
@jimhump3575 5 лет назад
but there is an other side to ths story that over look, and that is, the damage you might bring, or brought to an other driver,passangers of other road user, by causing an accident,passingers, driveres, and all of that cost will go trough the roof, thats why people that owns a car should never let their children or, friends even their parents drive their car, ,by being friendly, but no respossible
@thatfirstone
@thatfirstone Год назад
@@jimhump3575 Insurance companies don't pay that either. It's all a big con job.
@tenzackyogi1742
@tenzackyogi1742 4 года назад
Try to shop every after 6 months for cheap rate. Theres no value to be loyal on insurance companies. I treated insurance like phone carriers.
@Mik3Ang3lProductions
@Mik3Ang3lProductions 2 года назад
You should talk about buying a car scam. I used to be a car salesman for 3 months and I got fired for being an honest salesman.
@joanie84h85
@joanie84h85 2 года назад
Know what you mean.. after I bought my car February.. with all the lies and deceptions that I had to fight my way out of....I asked the-salesman if he goes to church said he is a Christian .. I asked him how can you say you’re a Christian knowing one of the major requirements for this job is you have to tell lies daily. He never gave me an answer 🤔🤔
@427skies
@427skies 4 года назад
I had 3 accidents one year. 2 were not my fault (a deer ran into my car and the other, the driver was at fault and my insurance agreed) and they dropped me. They are a rip off. I hate insurance. Health insurance too!
@jayjaypersonalcarwash1217
@jayjaypersonalcarwash1217 3 года назад
I feel like if we never get into accident for the whole year term that we should be able to get our money back but doesn't work that way you forever lose that money
@NickVS
@NickVS Год назад
I think health care is the biggest scam
@HamguyBacon
@HamguyBacon 4 месяца назад
its a ponzi scheme, its not a savings account.
@Manuqtix.Manuqtix
@Manuqtix.Manuqtix Год назад
It’s a total scam all of it. Because you need to see. What are the chances of something bad happening? If low then yeah you get it That’s why the RU-vid ads and the spamming is out of control
@dshoec
@dshoec Год назад
In America corruption is legal
@Ace-tu2bj
@Ace-tu2bj 2 года назад
In the US they do sound like a scam. It's so much more compared to other countries.
@alexandriamcnally6510
@alexandriamcnally6510 5 лет назад
No number is fair it is litteraly highway robbery what bullshit and if you can't afford insurance well say hello to the harrasing cops who will tow your fucking vehicle and that charge is on you buddy not only will you be on foot and your day is fucked your vehicle is taken also you get tickets for dead tag because insurance is dead thats another charge license suspended charge man what a way to ruin someone's life
@garyedwards3269
@garyedwards3269 5 лет назад
Great points. I would add that the system purposely marries you to the car using the building codes and zoning regulations, then waits for the inevitable accidents in order to feed off of you. Hospitals benefit... Health insurance companies benefit... Drug companies benefit... Car companies benefit... Auto repair companies benefit... Auto parts companies benefit... Mortuaries benefit... Lawyers benefit... Doctors benefit... Banks benefit... Automakers benefit... Politicians benefit from payoffs and contributions... City governments benefit from parking fines, speeding tickets... State governments benefit from car tab fees and licensing fees... Then the peripheral companies that all supply the vulture companies benefit... So essentially you're just food on the table. Every time you get behind the wheel, you're rolling the dice with you and your family's lives. And traffic deaths, along with malpractice deaths, smoking deaths, cancer deaths, abortion deaths, STD deaths, etc...all help depopulate the planet of 'useless eaters' (as they like to call us)...on the front end...which makes room for the younger suckers who haven't grown wise.
@adamsala9291
@adamsala9291 6 лет назад
You Rrrrrrr rrrrrrr right scammers
@heatiii4482
@heatiii4482 5 лет назад
Not to mention just because some “study” somewhere shows that men get in more wrecks than women, insurance companies can charge all men higher rates than women... and then force you to have insurance in most states or get a ticket for it
@creditdebitcardscostyoumon4588
Get a ticket? Hell - they haul your ass off to jail - I forgot to make my "monthly extortion payment" once and got pulled over and jailed and my car towed away - they sucked lots of money from me in fees/fines and took my license for 90 days. Total assholes. BTW- a WOMAN driver has recently backed into my car at a McD's parking lot -completely her fault.
@BeNice3525
@BeNice3525 5 лет назад
In my state your registration gets cancelled if you fail to provide proof of insurance
@donniebuza2597
@donniebuza2597 2 года назад
Im an insurance producer. most women's records and credit are so bad.. they never get the rates men get anyway 🤣🤣🤣👏
@betterthanemril988
@betterthanemril988 7 месяцев назад
Insurance companies are the worst. They know how to do everything else, make rates based on your credit score (I thought your rate was based on your driving history?) raise your rates at the end of each cycle, snitch on you to the DMV and your lienholder/finance company but when it’s time to pay up they have so much difficulty doing so? I mean 2 years ago I got into a non at fault accident by a hit and run my company basically left me to fall didn’t even give me a tow at least. And I’m like wtf do I pay these fools $200/month for? Just so to basically keep from getting a ticket apparently. And you are right all the money I’ve spent on insurance just in 2023 I literally could’ve fixed the entire engine in my car.
@JonathanOsborn9444
@JonathanOsborn9444 2 года назад
I agree that most of it is a scam but forcing us to have liability is important so we don’t screw over the victim if the bill is too much
@Gbzuany
@Gbzuany Месяц назад
Reckless drivers community complain about their own and paying for their damage (or possible damage) 😂
@haonyoass9556
@haonyoass9556 8 месяцев назад
It’s not a savings account. Say you put your 2400 into the savings account. Then you get in an accident where you fuck someone’s car up and you owe $17,000. That $2,400 ain’t gonna help you lol. And god forbid you kill someone in an accident, you could be sued for literally a million dollars.
@AlphaFlight
@AlphaFlight Год назад
Ive had insurance for 6 yrs. 0 accidents. Loved the car was my baby. Insurance basically took my car i had no opinion, no say, GONE. They paid me 10k, paid off the car without my say, left me 2500, And insurance went up.
@scottthiltgen6172
@scottthiltgen6172 Год назад
car insurance is were he wants to go....fine...my son bought a used F150 a year later to the date gets t boned by a moron running a flashing yellow when my son had a protected left....insurance company totaled it and cut a $34,000 to the lender.....and the gap insurance paid the rest.....now.....lets talk about Health insurance and the $250,000 hospital bill I got for having twins.........
@atuckertucker
@atuckertucker Год назад
Ok so car insurance use to be so you won’t be sued out of your house. But since we don’t own houses anymore.. ? It cracks me up. DMV makes me have insurance.. like if I don’t have it. And I am sued. The DMV is going to cover it for me! No . I think not. But they make me have it? I understand if I have a car payment.. but I don’t have s car payment..
@atuckertucker
@atuckertucker Год назад
So I have decided at 60 years old. I’m going to stop paying 80 bucks a month out of my paychecks for medical insurance. That I have never used. I don’t want to be kept alive. Let me pass on…
@recon1071
@recon1071 2 месяца назад
In most states you can post a 50,000$ bond in lieu of insurance. But, who has that? Or can become a senator and them someone else drives you, cooks for you, cleans your house, and you only wear a mask for the camera.
@darryllspalding9680
@darryllspalding9680 Год назад
drop insurence now make these mafiosos go broke. the fine print WILL effect. affect your claim. they are thieves, dont get sucked in!
@Krix6426
@Krix6426 4 месяца назад
They pay themselves huge off your own cash. A government forcing people to have insurance IS wrong
@coolintheshade
@coolintheshade 5 месяцев назад
Also the large majority of claims are not estimated for properly. Most insurance claims are 40% under valued at a minimum
@jasonyocom13
@jasonyocom13 2 года назад
"Only pay for what you need" More like pay or get fined, vehicle towed or jailed. How many drivers never use the policy, nor are they reckless, negligent, or ever get in an accident!?
@JustFollowingOrders12
@JustFollowingOrders12 20 дней назад
Tell me you dont understand socialism without telling me
@ricosantanaa
@ricosantanaa 10 месяцев назад
Why do we Sit & just except getting scam 😂 Let’s all do something about it
@systmmusic4729
@systmmusic4729 9 месяцев назад
don't forget if you never get in an accident (your'e a safe driver) you get fucked even worse!!!!
@babbsromero3471
@babbsromero3471 2 года назад
And if you have coverage and you get into an accident with an illegal with no insurance, you still pay your deductible and you never see a penny! Biggest ripoff ever!
@trealsteve
@trealsteve 6 месяцев назад
I’m convinced it’s another Mafia racket.
@nealjones7112
@nealjones7112 Месяц назад
The people could do something about it ;)
@JoseRamirez-ue5iw
@JoseRamirez-ue5iw 5 лет назад
What a coincidence that I keep having issues while trying to see this video. Can't even see 10 sec because of some error or connection issue 🙄
@lliwill22
@lliwill22 5 лет назад
@Jose Ramirez, it's really bad, I've had people mention to me that they can't subscribe or watch any of my videos. RU-vid is really clamping down on videos like mine. I am working on migrating to Bitchute though.
@JoseRamirez-ue5iw
@JoseRamirez-ue5iw 5 лет назад
I wouldn't be surprised. I also had issues while trying to watch other videos like this. It's getting very annoying. Your other vids have no issues at the moment but definitely NOT this one
@peoplesrealestateandmore
@peoplesrealestateandmore 2 года назад
Yo! Your explanation explains why the rich and wealthy don’t pay/participate in insurance outside of life insurance
@TheGreatStarofAfrica
@TheGreatStarofAfrica 2 года назад
Great commentary! - I watched it several times!! Thank you!!
@pretty9825
@pretty9825 3 месяца назад
How can we stop them from ripping us?
@mikeanthony7847
@mikeanthony7847 3 года назад
Why does government force you to have insurance if its a scam
@MrStuniz96
@MrStuniz96 3 года назад
Because the government is a scam themselfes is like they are backing them up.
@brandonwombacher2559
@brandonwombacher2559 2 года назад
Cause they want free money👍
@FiveEighteenBlog
@FiveEighteenBlog 5 лет назад
So true
@MaJeSTiCz0
@MaJeSTiCz0 3 года назад
My cousin got injured and they're taking for ever to send him his money all these phone calls and emails run around. I just bought life insurance for $40 I'm canceling it!!!
@eduardonunez9744
@eduardonunez9744 6 лет назад
So uneducated. Why don’t you read into your policy and see how it works and what’s covered. Do you know how many people I’ve talked to that got into a huge at fault accident, and are ruined for life because they either picked the cheapest crap or had no insurance. By your logic, everything is a scam
@creditdebitcardscostyoumon4588
Eduardo - he DOES have a point- the rampant out of control car insurance has become a very SERIOUS problem. Something has to be done. (I say if a law is written to require insurance then there must also be tight regulations in place to oversee that companies do not take unfair advantage...
@biggerpicture4090
@biggerpicture4090 5 лет назад
your comment is too ambiguous.... this man used logic and had a real life example... where are the numbers to support your criticism?
@creditdebitcardscostyoumon4588
You can always do what Donald Trump had done: bankruptcy
@eduardonunez9744
@eduardonunez9744 3 года назад
@@danielhertel5665 okay so go ahead and ride around without insurance if it’s that useless. It’s more than 3 people by the way. If people took the time to actually understand how things work…
@eduardonunez9744
@eduardonunez9744 3 года назад
@@creditdebitcardscostyoumon4588 unfair advantage how? If you take time to learn how it works, you’d understand. Plus you’re not obligated to stay with that insurance company. Most people(because they don’t educate themselves) think they are under contract. I will say that insurance companies do advertise the wrong way. It would help if they didn’t advertise with “save money” commercials but at the same time, people don’t take it serious so…
@freedomforusa1658
@freedomforusa1658 4 года назад
If people were wise enough to save for emergencies the government wouldn't enforce insurance. But people won't save, they complain and sure each other. The government has to grade on a curve because of irresponsible people. I also don't trust or like insurance scams either.
@brandonwombacher2559
@brandonwombacher2559 2 года назад
Most people don't make enough money to even save anything. Sad🙁
@dodgeramsport01
@dodgeramsport01 2 года назад
It's not the governments business if I save money
@depressioncangoFitself
@depressioncangoFitself 2 года назад
The government didn’t force people to get insurance because people don’t save. The government all bought stock in insurance companies and then mandated that you be a customer so that stock prices would rise and they would get rich. Insurance also spreads the liability so that giant corporations and billionaires that takes losses don’t actually take losses. Insurance companies pay out the losses and then raise premiums on the rest of us to socialize the risk involved with high value business and property. Which gives other rich people confidence to invest in giant corporations and make large business transactions because they run a low risk of losing money.
@depressioncangoFitself
@depressioncangoFitself 2 года назад
The government is not your friend and they do not have your best interest in mind. Only profit
@sarahnettleton4167
@sarahnettleton4167 7 лет назад
It's called a policy.... read it. An if you don't want to pay insurance talk to government they made it a requirement. Oh and they regulate what the policies the companies can offer.
@creditdebitcardscostyoumon4588
California has implemented a state sponsored low cost insurance program that costs the state NOTHING-this should be done across the entire country
@OriginalKarasu
@OriginalKarasu 5 лет назад
@@creditdebitcardscostyoumon4588 there is no such thing as something costing nothing
@creditdebitcardscostyoumon4588
@@OriginalKarasu Correct - but costing TOO MUCH -more than it should - is the point. Do you know how much was charged as "transact fee" the last time you bought something with your card? Do you know who pays those fees? Do you know how much is collected as transact fees annually by the card companies? I'm willing to bet you don't. But you should. Those fees at the very least should be displayed on sales receipts just like taxes are - and for all fairness, card users should pay those fees (and be taken as deduction off income taxes). By providing fee amounts paid at each transaction consumers will then be better informed and able to shop around for a better deal with card companies - it's called "free market enterprise" - an ideal that's made our country so great.....of course the card companies/banks wouldn't want that! (Thanks for commenting on my title)
@playoffl36ron8
@playoffl36ron8 5 лет назад
you call a capitalistic convention socialist you lost all credibility
@LuisMaldunadus
@LuisMaldunadus 3 года назад
That’s an insult to socialists. Socialists don’t steal people’s money. They either let you have your own insurance or none at all
@depressioncangoFitself
@depressioncangoFitself 2 года назад
Capitalism is privatized profits and socialized risk. In a free market economy the government wouldn’t intervene in private business and insurance companies would have to compete for customers
@incognitoalister
@incognitoalister 2 года назад
Socialism is still stupid
@Freshboyarly
@Freshboyarly Год назад
Thanks so much man. Amazing video
@depressioncangoFitself
@depressioncangoFitself 4 года назад
You also have to think about the fact that the 8 grand paid is probably matked up rates from the body shops and mechanice shops. If you had paid it all youtself you cpuld have settled that claim at less than 8 grand
@dodgeramsport01
@dodgeramsport01 2 года назад
We don't set the price for insurance companies, they screw us too
@TheLandof420
@TheLandof420 7 лет назад
You're absolutely right =]
@lliwill22
@lliwill22 7 лет назад
TheLandof420 It's a huge ripoff. I've been fighting insurance constantly for YEARS.
@TheLandof420
@TheLandof420 7 лет назад
William Bentley Blackburn I really appreciate your sanity in that live stream.. Do you have a public email? I'd like to converse with you
@lliwill22
@lliwill22 7 лет назад
TheLandof420 You can message me through Vidme, I check it more often then my email. vid.me/Desolator2B Thanks!
@creditdebitcardscostyoumon4588
@@lliwill22 Why not take up a petition or drive or other pursuit to get public support to take on these companies? I've been thinking of doing this-wanna help?
@samtesh2900
@samtesh2900 2 года назад
You have no understanding of the nature of financial risk mediation. Insurance is not a savings account.
@MysticalLlama
@MysticalLlama 2 года назад
Did you listen to any part of the video?
@samtesh2900
@samtesh2900 2 года назад
@@MysticalLlama sorry I don’t argue with idiots who don’t have an insurance liscense about my trade
@thatfirstone
@thatfirstone Год назад
@@samtesh2900 Oh, so you're a scam artist, and you only argue with other scam artists. Noted.
@AncientCreature-i2o
@AncientCreature-i2o Год назад
@@samtesh2900 Afraid to back up your opinions with cold hard facts? Got it.
@custerr
@custerr 5 лет назад
I’m high
@babbsromero3471
@babbsromero3471 2 года назад
Buy and drive a scooter,I pay 13$ per month for insurance.
@AncientCreature-i2o
@AncientCreature-i2o Год назад
Drive a scooter for 60 miles/day in negative temperatures and several inches of snow? Cute.
@akaunderdog4223
@akaunderdog4223 2 года назад
Man get outta here... You re high! Lol
@donniebuza2597
@donniebuza2597 2 года назад
lmao sounds like a little kid complaining he has to do homework😂. driving is a privilege not a right, and your only required to have liability insurance, not full coverage which if you get sued your gonna be thankful you had it. most people are financing or leasing a vehicle, at that point it's not just the government but also the lender requires you to have full coverage. they are making way too much like any corporation, but they pay millions in liability claims. lol the stories people are posting on here, part of being an adult is knowing how this stuff works and managing your finances like a man , not crying about it to the public😂😂
@AncientCreature-i2o
@AncientCreature-i2o Год назад
Like a man? No decent man is proud of the system he lives under. Weak men go along to get along. Real men fight for change. Keep living with your tail between your legs.
@dnice2000
@dnice2000 5 лет назад
Ok genius, you get in an accident.. hurt 2 people in another vehicle and you don't have insurance, then what?
@creditdebitcardscostyoumon4588
You didn't say who's fault - if you are at fault then you deserve to suffer consequences. In 38 years of driving I've had only 2 minor accidents - one a deer hit my car and other a car backed into my car. BTW- I'm having hell to get reimbursed for the damage to my car - insurnc company dragging it out ----assholes
@dnice2000
@dnice2000 5 лет назад
@@creditdebitcardscostyoumon4588 so you're going to pay for the medical bills of the 2 people that were injured, property damage to their vehicle and your vehicle? Not saying insurance companies can't be evil... they're a business, just saying auto insurance is a necessity.
@dnice2000
@dnice2000 5 лет назад
He has no clue what he's talking about
@cooldeesir
@cooldeesir 5 лет назад
There’s other ways such as suing a person through civil court. Or the government can garnish wages if a person can’t pay through their pay check until fully accrued just like child support.
@dnice2000
@dnice2000 5 лет назад
@@cooldeesir yes, let's do that... you hit me... front end of my vehicle is smashed in, my air bags go off.....my arms broken and I may have a concussion, plus other lacerations and minor injuries. I need medical attention and my cars not drivable. I sue you for damages to my totaled 6,000 vehicle, medical bills that i have incurred through the accident and follow ups, which say.... being nice, total another 5 grand after all is said and done. Also, because of my broken leg i was out of work for ehhh 2 months, and part of the lawsuit is for lost wages.... which say I make 11 dollars an hour, totals another $3500... not to mention cost of rehab that you're also being sued for and emotional distress. ...do I have to total rehab as well? Or do you get the picture? I didn't even get into lawyer fees and other expenses you'd be on the hook for in the lawsuit.....soo let's flood the court system with these lawsuits due to all the accidents that happen each year and let them hash it out.....oh wait, your court date is 2 years out because this is your solution and everyone is doing it. I could go on forever.
@BeNice3525
@BeNice3525 5 лет назад
Dude I feel your frustration but insurance was made into law for good reason. (granted insurance companies are scum but so are most for profit corporations). Let's say you hit a luxury car , the driver dies and his child is injured so bad that he has to spend a month in the hospital , and let's say you don't have insurance , now what??? (two days in the hospital cost me $21,000 ...just 2 days, and I wasn't even injured but they "had" to MRI me anyway) A law suit is probably coming your way and your life is probably ruined from there on. A good insurance policy could probably ease up all that mess.Insurances become a shit fest when you are a teenager with bad record having to pay astronomical figures for insurance or when they deny your claim for some reason it happens but overall having insurance is a good thing.
@killertigergaming7395
@killertigergaming7395 2 года назад
That would work if they would actually pay when an accident happens
@BeNice3525
@BeNice3525 2 года назад
@@killertigergaming7395 Yes ..it's a tricky thing so you need to know what you are doing when dealing with insurance companies especially if you are a young person. Insurances are in it for the money THAT'S IT , the insured doesn't matter that much to them as soon as you have an accident you become a liability and your insurance company is no longer "your friend" and you are no longer "in good hands" . That is blunt but that's how it works. It is common practice for insurance adjusters that handle claims to DELAY your claim for as long as legally possible...especially if the settlement is extremely high , this is just a mathematical thing, for example if you have an accident and you are owed hospital fees and so on let's say 100k then what they do is the adjuster starts "gathering" all the evidence and then after three to six months they SWAP ADJUSTERS and the process begins all over again ..it starts from the very beginning and this burns time ...they can do this up to three times (or longer I don't know I'm only aware of three delays for close to a year after payment was due) they did this to me once. The second time I threatened to sue them for delaying payment while collecting interest on the money owed and guess what ...I got paid within a week. Adjusters are told (and usually earn bonuses) by their bosses to delay claims for as long as possible, to offer crap money for claims and even to totally IGNORE some settlements all together unless the person involved calls at least THREE TIMES to complain about where their money is. In the future if you have an accident please be aware of these things and start pressuring them, do not accept their first offer it is usually too damn low, tell them you are aware of "adjuster switching" and you won't put up with that crap and if needed be willing to get a lawyer and sue the insurer ...they will usually fold when threatened with legal action as long as you know for sure you are in the right. Good luck friend and God bless
@BeNice3525
@BeNice3525 2 года назад
@@killertigergaming7395 Another trick they did to me is , I had "uninsured motorist" clause in my policy so any uninsured person hitting me the insurance company is supposed to pay for everything and also there is NO DEDUCTIBLE OWED. This is the trick they do, they usually hang the accident on YOU not the uninsured motorist ...they claim the person had insurance and if you don't verify this they can get away with it. Why is this important? because if the person has insurance YOU PAY THE DEDUCTIBLE ... They also did this to me, but I had proof the kid that hit me wasn't insured so they returned my deductible ($500 bucks) Beware of all these tricks Insurance is still better to have than not to have but you've got to know what you are doing , don't let the insurance company dictate the outcome or you'll be sorry Cheers
@dodgeramsport01
@dodgeramsport01 2 года назад
Well if hospitals didn't think they had to get paid from you and yiur insurance then shit wouldn't be that way either! Secondly if the other driver has life insurance then it should cover that not his or your car insurance, im insuring the car not some ones life
@cupcakes4100
@cupcakes4100 Год назад
They won't pay everything tho :/ and they will also do everything in their power to make sure they pay literally nothing.
@songsbyfuego
@songsbyfuego 2 года назад
Nobody pays $2400 for car insurance
@brandonwombacher2559
@brandonwombacher2559 2 года назад
If you don't have a car, you don't need insurance.
@AncientCreature-i2o
@AncientCreature-i2o Год назад
Yes, people do. More than you realize.
@hugostiglitz6914
@hugostiglitz6914 Год назад
While I do think insurance companies are basically crooked, this upload is a gross oversimplification of the situation!
@AncientCreature-i2o
@AncientCreature-i2o Год назад
Not really. Tell us one thing he said that isn't true.
@hugostiglitz6914
@hugostiglitz6914 Год назад
@@AncientCreature-i2o Ok, firstly insurance is not socialism. You pay insurance. You car gets damaged and your insurance fixes the car. You gain nothing. You're insurance ensures that you are not out of pocket or any damage you are responsible for doesn't leave anyone else out of pocket. Say you have no insurance and you cause an accident. The person has the right to make you pay for the damage. You'd be ok with that??
@jesusisdead
@jesusisdead Год назад
Insurance made medical and basically everything more expensive. Lawyers love all of it
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