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Raybyrnes
ParticipantAlgebra is easier when you plug in some numbers. Use some simple numbers and you can work this out yourself.
ParticipantCarlsbadMtnBiker
Tip for you. Pay for you ticket on American Express and contact them about the travel insurance. Think that it is fairly reasonable when compared to buying it at the airport. Especially if your gear is expensive.
For others on the board who have made recent purchases and have lsot their gear. Start checking your credit card policies to see if they might cover some of your losses.
I helped a friend move on sunday and question why he would pay cash for a Flat screen TV as opposed to using his credit card. I asked jokingly at the time if he ever considered the fact that with the credit card his NEW TV would be covered in the event his place burned down. He thought about thatfor aminute. Wonder what he would do if he was in that same situation again.
ParticipantCarlsbadMtnBiker
Tip for you. Pay for you ticket on American Express and contact them about the travel insurance. Think that it is fairly reasonable when compared to buying it at the airport. Especially if your gear is expensive.
For others on the board who have made recent purchases and have lsot their gear. Start checking your credit card policies to see if they might cover some of your losses.
I helped a friend move on sunday and question why he would pay cash for a Flat screen TV as opposed to using his credit card. I asked jokingly at the time if he ever considered the fact that with the credit card his NEW TV would be covered in the event his place burned down. He thought about thatfor aminute. Wonder what he would do if he was in that same situation again.
ParticipantCarlsbadMtnBiker
Tip for you. Pay for you ticket on American Express and contact them about the travel insurance. Think that it is fairly reasonable when compared to buying it at the airport. Especially if your gear is expensive.
For others on the board who have made recent purchases and have lsot their gear. Start checking your credit card policies to see if they might cover some of your losses.
I helped a friend move on sunday and question why he would pay cash for a Flat screen TV as opposed to using his credit card. I asked jokingly at the time if he ever considered the fact that with the credit card his NEW TV would be covered in the event his place burned down. He thought about thatfor aminute. Wonder what he would do if he was in that same situation again.
Participant“You can’t deny that a key goal of every insurance company during a disaster is to minimize payouts.”
The goal of all organizations is to maximise profitability and return value to shareholders.
This means adhering to sound underwriting practices that reduce their exposure on the front end. By collecting enough premiums insurance companies are able to provide long term peice of mind and get policy owners back to where they were before.
To accomplish this means that they often times having to deny claims that fall outside standard deviations and require owners to produce necessary documentation.
There are two side to the insurance industry. To grow profits they must aquire policyhoders. If policy owners lose faith in a company or begin to believe that insurers are not delivering on their promise they will lose policyholders. When insurers forget this premise they don’t have to worry about payouts because they will not have any customers.
Unfortunately it is an adjuster who has to bring people back to the reality that while the landscaping cost a fortune it was only covered up to the policy limits. By doing thisw they are able to provide a far greater net value to all of their constituents. It is a utilitarian principal. Greatest good for greatest number of people. Not perfect but all we got.
Participant“You can’t deny that a key goal of every insurance company during a disaster is to minimize payouts.”
The goal of all organizations is to maximise profitability and return value to shareholders.
This means adhering to sound underwriting practices that reduce their exposure on the front end. By collecting enough premiums insurance companies are able to provide long term peice of mind and get policy owners back to where they were before.
To accomplish this means that they often times having to deny claims that fall outside standard deviations and require owners to produce necessary documentation.
There are two side to the insurance industry. To grow profits they must aquire policyhoders. If policy owners lose faith in a company or begin to believe that insurers are not delivering on their promise they will lose policyholders. When insurers forget this premise they don’t have to worry about payouts because they will not have any customers.
Unfortunately it is an adjuster who has to bring people back to the reality that while the landscaping cost a fortune it was only covered up to the policy limits. By doing thisw they are able to provide a far greater net value to all of their constituents. It is a utilitarian principal. Greatest good for greatest number of people. Not perfect but all we got.
Participant“You can’t deny that a key goal of every insurance company during a disaster is to minimize payouts.”
The goal of all organizations is to maximise profitability and return value to shareholders.
This means adhering to sound underwriting practices that reduce their exposure on the front end. By collecting enough premiums insurance companies are able to provide long term peice of mind and get policy owners back to where they were before.
To accomplish this means that they often times having to deny claims that fall outside standard deviations and require owners to produce necessary documentation.
There are two side to the insurance industry. To grow profits they must aquire policyhoders. If policy owners lose faith in a company or begin to believe that insurers are not delivering on their promise they will lose policyholders. When insurers forget this premise they don’t have to worry about payouts because they will not have any customers.
Unfortunately it is an adjuster who has to bring people back to the reality that while the landscaping cost a fortune it was only covered up to the policy limits. By doing thisw they are able to provide a far greater net value to all of their constituents. It is a utilitarian principal. Greatest good for greatest number of people. Not perfect but all we got.
ParticipantI can appreciate that if you are not more knowlegeable on insurance and read this article, that your opinion would be biased. But this is a one sided article.
Insurance companies do in fact pay 30 to 60% of market value. They do this when policies become outdated and do not have inflation riders on the policies. Therefore people are underpaying premiums. Additionally as many poster readily claim, home values are over inflated anywhere from 5%% to 50% so market value becomes subjective.
It sort of like this. Everyone goes to the banker saying I’m rich I’m rich I’m rich when trying to get a loan. There effort is to get the lowest rate on a loan. That seems reasonable. But then they turn around and say I’m poor, I’m poor, I’m poor, when it is time to pay taxes. Sorry folks you can’t ahve it both ways.
Most people have an unfavorable view of insurance becasue it is a game of risk and many people would rather choose not to think in terms of probability. They also might not have the skills to do so.
When they get a call from an agent to discuss their policies they would rather hang up on them then have the agent tell them where they have difficiencies in their policies. This means paying added premium. Additioanlly most Property and casualty agents are highly encouraged to sell life insurance policies. Property and Casualty provides a conduit to this conversation. Because most people are not adequately insured in the are of Life and Disability they again would rather not discuss this.
It would be Unamerican to be proactive with respect to planning. We rather react to catastrophies then preparing to prevent them. We would rather point fingers then take responsibility.
I have had my challenges with insurance companies. I purchased a renters policy before traveling to Brazil for fear of lost luggage. Unfortunately on the way back the airline lost my luggage. Upon putting in a claim with my renters policy I found out that they cover “theft” of my luggage but would not cover a “Mysterious disappearance” I was later compensated form the airline but I still.
I still choose to defend the industry because their are many abuses and fraud that occurs routinesly against insurance carriers. It just does not make the front cover of the paper.
ParticipantI can appreciate that if you are not more knowlegeable on insurance and read this article, that your opinion would be biased. But this is a one sided article.
Insurance companies do in fact pay 30 to 60% of market value. They do this when policies become outdated and do not have inflation riders on the policies. Therefore people are underpaying premiums. Additionally as many poster readily claim, home values are over inflated anywhere from 5%% to 50% so market value becomes subjective.
It sort of like this. Everyone goes to the banker saying I’m rich I’m rich I’m rich when trying to get a loan. There effort is to get the lowest rate on a loan. That seems reasonable. But then they turn around and say I’m poor, I’m poor, I’m poor, when it is time to pay taxes. Sorry folks you can’t ahve it both ways.
Most people have an unfavorable view of insurance becasue it is a game of risk and many people would rather choose not to think in terms of probability. They also might not have the skills to do so.
When they get a call from an agent to discuss their policies they would rather hang up on them then have the agent tell them where they have difficiencies in their policies. This means paying added premium. Additioanlly most Property and casualty agents are highly encouraged to sell life insurance policies. Property and Casualty provides a conduit to this conversation. Because most people are not adequately insured in the are of Life and Disability they again would rather not discuss this.
It would be Unamerican to be proactive with respect to planning. We rather react to catastrophies then preparing to prevent them. We would rather point fingers then take responsibility.
I have had my challenges with insurance companies. I purchased a renters policy before traveling to Brazil for fear of lost luggage. Unfortunately on the way back the airline lost my luggage. Upon putting in a claim with my renters policy I found out that they cover “theft” of my luggage but would not cover a “Mysterious disappearance” I was later compensated form the airline but I still.
I still choose to defend the industry because their are many abuses and fraud that occurs routinesly against insurance carriers. It just does not make the front cover of the paper.
ParticipantI can appreciate that if you are not more knowlegeable on insurance and read this article, that your opinion would be biased. But this is a one sided article.
Insurance companies do in fact pay 30 to 60% of market value. They do this when policies become outdated and do not have inflation riders on the policies. Therefore people are underpaying premiums. Additionally as many poster readily claim, home values are over inflated anywhere from 5%% to 50% so market value becomes subjective.
It sort of like this. Everyone goes to the banker saying I’m rich I’m rich I’m rich when trying to get a loan. There effort is to get the lowest rate on a loan. That seems reasonable. But then they turn around and say I’m poor, I’m poor, I’m poor, when it is time to pay taxes. Sorry folks you can’t ahve it both ways.
Most people have an unfavorable view of insurance becasue it is a game of risk and many people would rather choose not to think in terms of probability. They also might not have the skills to do so.
When they get a call from an agent to discuss their policies they would rather hang up on them then have the agent tell them where they have difficiencies in their policies. This means paying added premium. Additioanlly most Property and casualty agents are highly encouraged to sell life insurance policies. Property and Casualty provides a conduit to this conversation. Because most people are not adequately insured in the are of Life and Disability they again would rather not discuss this.
It would be Unamerican to be proactive with respect to planning. We rather react to catastrophies then preparing to prevent them. We would rather point fingers then take responsibility.
I have had my challenges with insurance companies. I purchased a renters policy before traveling to Brazil for fear of lost luggage. Unfortunately on the way back the airline lost my luggage. Upon putting in a claim with my renters policy I found out that they cover “theft” of my luggage but would not cover a “Mysterious disappearance” I was later compensated form the airline but I still.
I still choose to defend the industry because their are many abuses and fraud that occurs routinesly against insurance carriers. It just does not make the front cover of the paper.
Participant“Zillow tries to promote itself as a tool to help you with real estate transactions, and as such I see no value.”
SO what then does qualify as being helpful. I would like to better understand what you are looking for. You have a map of the area. Comps for recent sales. Tax information. What specificiallyar you looking to get. Real estate is is a fragmented industry. An apartment can have a 3 million dollar price tag if it is on the top floor and ahs an ocean view and a 500K price tag in the same building if it is on a middle floor in the back alley. Pretty tough to develop[ an all encompassing system to account for this.
Again, what should zillow be?
Participant“Zillow tries to promote itself as a tool to help you with real estate transactions, and as such I see no value.”
SO what then does qualify as being helpful. I would like to better understand what you are looking for. You have a map of the area. Comps for recent sales. Tax information. What specificiallyar you looking to get. Real estate is is a fragmented industry. An apartment can have a 3 million dollar price tag if it is on the top floor and ahs an ocean view and a 500K price tag in the same building if it is on a middle floor in the back alley. Pretty tough to develop[ an all encompassing system to account for this.
Again, what should zillow be?
Participant“Zillow tries to promote itself as a tool to help you with real estate transactions, and as such I see no value.”
SO what then does qualify as being helpful. I would like to better understand what you are looking for. You have a map of the area. Comps for recent sales. Tax information. What specificiallyar you looking to get. Real estate is is a fragmented industry. An apartment can have a 3 million dollar price tag if it is on the top floor and ahs an ocean view and a 500K price tag in the same building if it is on a middle floor in the back alley. Pretty tough to develop[ an all encompassing system to account for this.
Again, what should zillow be?
ParticipantXBoxBoy
How do you figure Zillow to be worthless? First off it is free. Second, no one is saying the the zestimates are useful. The useful data is the comps in the area, the tax information years of purchase etc. Additionally as transactional data gets added to zillow it will continue to get more accurate.
Zillow is sort of like Aybo the robotic dog. If you think you are going to use it to replace a real dog you are an idiot. If on the other hand you simply use it as a novelity or entertainment piece then you get what it represents.
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