I just heard a new Allstate Insurance Company slogan in one of their commercials:
"Just because you are insured does not mean you are covered".
Give Allstate an F+ for attempted honesty. They are no different than the rest of the insurance companies out there. It is like watching a bunch of grafters point spread disinformation and point fingers at each other!
The insurance industry made OBSCENE profits in the year of Hurricane Katrina, August 29, 2005.
Top executives described the profit – an 18.7% increase over the previous year – as a fluke, the product of gains in other lines of insurance besides homeowners and a very good year for their investments.
They said that even with the increase, insurers face deep problems that can be fixed only by substantial premium hikes, a scaling back of commitments by several firms to the most disaster-prone portions of the country and, according to some, a greatly expanded role for the state and federal governments in insuring individuals against the largest of catastrophes."
That is an excerpt from a 2006 Los Angeles Times article.
Many of my friends and acquaintances were hit hard by Katrina. Loss of life, loss of health, loss of homes... so much loss. The insurance companies were so shrewd in wriggling out of their responsibilities.
"You are covered for wind damage, but your home was not turned into toothpicks by wind damage. It was the storm surge, and you are not insured for storm surge."
A Category 5 - landing at Cat 3 - Hurricane does not have wind???
Here on the farm in the early 1990's we survived Insurance Company Dishonesty and Fraud after a freak hail storm that destroyed all the crops and damaged all the farm structures. I won't even get into the shenanigans pulled on us, but it soured me on insurance companies for life.
Our experience came after 30 plus years of paying this company money for vehicle and building insurance on several houses and farm buildings. We had two lightning strike claims in that entire 30 years.
We would have been better served to put the premiums in a simple savings account. At least we would have had that 30 years of premiums to make repairs, far more than we received from the company.
I don't want to turn this blog into a bunch of rants, but that commercial was so arrogant for disaster survivors all over the country! I just had to blog it.
Ah, gee, this has boiled up all my anger and disgust from that insurance agent's dishonorable conduct so long ago. Forgiveness, letting go of the angst is an area, is something that I have to work on ALL the time.
Harboring that anger and unforgiveness only hurts me, not the one who did the dastardly deed. I have to repeatedly hand my unforgiveness over to God and ask for forgiveness for myself and then pray for my enemy. This area is truly HARD work for me.
"Lord, I pray for your VERY BEST for that insurance company and for the man who was very dishonest in his business dealings with us after the hail storm."
Forgiving him does not mean I have to forget what he did. It is also ok for us to choose to have no contact with the shyster or the company he represented.
... Shaking off the dust from the bottom of my shoes ... and moving forward.