I agree the cost of insurance (all of it) is very high...But then I think we have to be reasonable and responsible...If you are going to go buy a new vehicle or home and spend 20-30-40k on a car, don't tell me you can't afford the insurance on it! You should've either not bought it at all or bought one that with it you could also afford the insurance, same with a home...if you have a 200k home and feel you can't afford the insurance then buy a 100k one and pay the blasted thing....(ins) NO ONE likes paying premiums...golly....I can think of a lot of things I'd rather spend about 500 a month on than all the insurance policys/coverage I have.... _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
I meet people, very often, who have stretched themselves so thin, buying a brand new $30,000 Ford F-150 Crew Cab, or something similar, they really have no disposable income left to pay for the insurance on the darn thing.
These same people then complain about the insurance premium being $1,200 per year, while they have no problem with a $450 per month truck payment, go figure.
If I had all the money that I have paid into auto insurance for the past (some number of years), I could retire in the Azores. But, at the same time, one $1 Million lawsuit would have destroyed me. So, which responsibility do we want to take? Paying the insurance or losing everything we have?
The same principle applies to our home insurance, just like you have already mentioned. _________________
I am thinking maybe when our kids leave home(if they ever do) Then we can afford medical and life. How much life insurance can oine get with about 10 dollars a month or maybe 20.I am in good health as far a I know.Maybe we should do what canada does.
Posted: Mon Feb 04, 2008 7:12 am Post subject: Posts shifted
Dear Hummingbird & Goodnatured!
The thread has been split since your posts in order to gather better user responses for this topic! (Please check out the following url)
http://www.ampminsure.org/feedback/about4116.html
Regards,
Lakemen _________________
Many of us also overlook the cost of legal defense. Auto, Home, etc...They all provide you with legal defense in you claims also. Most people would be broke having to pay attorney's fees to defend them in a long drawn out suit.
In many cases the question should be... Can you afford not to have insurance?
Asolutely correct MB, (welcome by the way! ) _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
Posted: Wed Mar 12, 2008 2:32 am Post subject: insurance
Car Insurance?...BY LAW, you have to have it OR get MAJORLY fined!! A friend of mine, was in an accident and NO car insurance. The accident wasn't her fault..however............she lost her license and had some hefty fines for not having car insurance. Life Insurance?....good idea. You never know what will happen to you. Health? ...if you don't have this, you can pay some BIG BUCKS out of your pocket. Dental?....I suppose you don't REALLY have to have it. However, with me, I DO need some major dental work done. Just can't pay it out of my pocket.
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