Raybyrnes,
You have some good points, there is probably quite a bit of fraud losses in the insurance industry. Many folks are under-insured
You can’t deny that a key goal of every insurance company during a disaster is to minimize payouts. It sounds like in recent years they have become more zealous in this goal.
Anyhow, I’m just hoping that folks hit by this terrible San Diego fire question and challenge their insurance companies. They need to complain if needed directly to the California insurance commissioner. http://www.insurance.ca.gov/
The insurance companies need to do a better job at delivering on their promise of “peace-of-mind”. These San diego fires are a great opportunity to improve the industry’s image.
