Poor Insurance Companies...

[JANdad]

As debt grows, desperate car owners turn to fraud

http://news.yahoo.com/s/ap/20090610/ap_on_re_us/us_vehicle_dumping

LOS ANGELES – Driven to desperation, a growing number of financially strapped car owners are torching, sinking or ditching their vehicles and then reporting them stolen to cash in on the insurance.

SUVs have been found ablaze in the Nevada desert, cars have been dumped in a Miami canal and a BMW was discovered buried in a field in Texas. Some vehicles have been parked in the path of a hurricane.

Known as owner give-ups, the scams have increased even as auto thefts dropped nationally — a sign that the deepening recession is pushing the trend.

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Tell me why I should give a rats ass if the insurance Co's get some of the fucking that they have been giving consumers for years?

Rates based on Credit Scores, based on age, based on grades and the list goes on. Then when they get hurt in the markets, they raise our rates...fuck 'em

[whistler162]

1. A side from adding to your premium and my premium

absolutely no reason to feel sorry for insurance companies. After all breaking the law is of no concern to anyone except those who are victimized!

[JANdad]

3. Oh Bullshit!

They raise rates when they lose Billions in bad investments...not b/c a few bad claims...more of the same. Keep the customers fighting each other while they steal both blind!

[madmax]

2. Here, here!!

:toast:

:thumbsup: