Agree, I learned long time ago that you only take insurance on something when it is either required by law or because you can't pay the damage when it happens. If I buy a $3000 car cash and I know that I can easily come up with a similar amount to buy another car, then I don't insure that car, except for the liability (and that for more than the minimum, BTW).
If I make a mistake and I dent the bumper of the car in front of me when I brake too late, my insurance never gets to know, I simply pay the guy for the inconvenience. If there is a risk that my house gets destroyed (flood, fire or whatever) then I have an insurance to cover that risk, so I can continue to have a roof over my head. If the risk is negligible, for example an all-concrete apartment on 4th floor in an area without earthquakes and without mortgage then I do not have an insurance on that home because there is no reason for it. I have never financed a vehicle, so I have never insured it other than for liability. In Netherlands the situation of insurance is quite different than USA apparently, because the one time that I caused damage to another car and the insurance paid it, they explained that I had till the end of the year to decide if I wanted to pay the damage myself, which would bring me back to the exact position on the bonus/malus ladder as if the accident never happened, or keep the insurance payment, which would kick me to a lower position and increase my rates. Before the end of the year I did the calculation, saw that the difference in premium was bigger than the claim, so I paid it and my premium was the same after as before. It helps when a country has laws that govern the industry into clearly regulated rules how they are allowed to charge, change and exchange customers and what benefits the customers are entitled to after a certain number of years paying premium and not claiming. It avoids these sleazy tactics that Bob had to suffer through. Cor van de Water Chief Scientist Proxim Wireless office +1 408 383 7626 Skype: cor_van_de_water XoIP +31 87 784 1130 private: cvandewater.info http://www.proxim.com This email message (including any attachments) contains confidential and proprietary information of Proxim Wireless Corporation. If you received this message in error, please delete it and notify the sender. Any unauthorized use, disclosure, distribution, or copying of any part of this message is prohibited. -----Original Message----- From: EV [mailto:ev-boun...@lists.evdl.org] On Behalf Of Robert Bruninga via EV Sent: Friday, November 13, 2015 1:48 PM To: Electric Vehicle Discussion List Subject: Re: [EVDL] American Family Ins. Scooter Plastics not covered I sure don't understand this take on insurance. Insurance is for catastrophic loss. It is not for routine little dings and things. If one makes such claims, their insurance rates will be elevated so high as to pay many times over for that initial claim. Where did the American psyche begin to misunderstand insurence and think that it is a piggy bank for almost anything? That attitude is what drives up insurance rates so high. I learned a long time ago, even a phone call to an insurance company just to ASK about a possible claim immediately goes ON THE RECORD and is used to raise your rates, EVEN if you don't make the claim. Their response is, well, your phone call gave us knowledge about damage, and even if you do not claim it, it has raised your statistical risk. Hence your increased rates. Actually, I called when a tree fell on the edge of my roof. I asked about the fence, the roof, the trim, the dent in the car, etc.. Finally decided I could fix them all in a few hours the next weekend. Then months later saw my rates go up, because EACH of those questions during the SAME phone call were counted as SEPARATE "claims". Boy I sure would NEVER make a claim for anything not costing less than half the price of the car... One ends up paying insurance for about 50 years or so... and if every nickle and dime adds to your rate over time, you would be foolish to make such minor claims (no matter what they try to sell you on the phone)... They are in this business for one thing. Profit. Don't add that by making dimestore claims... Confused... Sorry for the rant. I'm sure it probably does not apply in this case. Nothing personal.... Bob -----Original Message----- When my SCOOTER not motorcycle fell over while parked on the side of the road, the wind came along blew it over and it cracked the plastics. Well to my SCHOCK American Family Ins. considers the Plastics as being FARING and is not covered under the standard policy.!! I said I don't have an added handle bar Farings, crash bars, etc.. the little trunk on the back got somewhat cracked, but I guess thats an "add-on". I said the plastics are where you put your Feet, and where you Sit and the Scooter come from the Factory that way as a whole stock bike!! Again American Family Ins. said "Its FARING its not covered" !! you'll have to get extra coverage for that ... Check with your insuance company to make sure Standards Plastics are covered!! This could apply to fiber glass bodies on 2 and 3 wheeled Evs . Or maybe even Kit Cars where the Non stardard passenger sitting or covers are involved . _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA) _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA) _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
