Fire insurance rates on the rise Detroit

[softailrider]

Republican governor, republican senate, republican house, republican state Supreme Court. Great time to be the insurance industry in the State of Michigan, you can run roughshod over the consumers with absolutely no problems at all and that's what's happening.

[SyGolden48236]

Republican governor, republican senate, republican house, republican state Supreme Court. Great time to be the insurance industry in the State of Michigan, you can run roughshod over the consumers with absolutely no problems at all and that's what's happening.

It would be more correct to say a city controlled for decades by Democrats, that has third-world out of control crime, that runs roughshod over its residents while charging them exorbitant tax rates for grossly sub-par city services and a fire department managed by Democrats that cannot provide proper equipment for the firefighters who risk their lives day in and day out to protect a crumbling city with an out of control arson problem. This has caused Detroit's insurance rating to drop thereby causing an increase in insurance rates.

Insurance companies charge premiums based on the risk that they take in insuring an asset. Detroit is a horrible risk.

[Dan Wesson]

It would be more correct to say a city controlled for decades by Democrats, that has third-world out of control crime, that runs roughshod over its residents while charging them exorbitant tax rates for grossly sub-par city services and a fire department managed by Democrats that cannot provide proper equipment for the firefighters who risk their lives day in and day out to protect a crumbling city with an out of control arson problem. This has caused Detroit's insurance rating to drop thereby causing an increase in insurance rates.

Insurance companies charge premiums based on the risk that they take in insuring an asset. Detroit is a horrible risk.

You can bet the the underwriters have got the unadulterated numbers to back them up.

[softailrider]

It would be more correct to say a city controlled for decades by Democrats, that has third-world out of control crime, that runs roughshod over its residents while charging them exorbitant tax rates for grossly sub-par city services and a fire department managed by Democrats that cannot provide proper equipment for the firefighters who risk their lives day in and day out to protect a crumbling city with an out of control arson problem. This has caused Detroit's insurance rating to drop thereby causing an increase in insurance rates.

Insurance companies charge premiums based on the risk that they take in insuring an asset. Detroit is a horrible risk.

Much of what you stated in that first paragraph is true, however, you must understand that insurance company's will use any excuse to raise rates. As someone employed in the industry on the consumer side of the fence for 36.5 years and counting I can tell you they are actually paying less claims then they used to, tying up as many claims as possible with their attorneys who are on retainer anyway. If you have a claim in the city, and your last name is Arabic or Albanian, I can categorically say you're going to have problems getting that claim paid.

[jerrytimes]

Republican governor, republican senate, republican house, republican state Supreme Court. Great time to be the insurance industry in the State of Michigan, you can run roughshod over the consumers with absolutely no problems at all and that's what's happening.

Stop it.... What an immature post. City has been ran and inhabited by mainly Democrats since the 1960's if not longer. Why aren't they to blame? Is that fact not convenient?

[softailrider]

Stop it.... What an immature post. City has been ran and inhabited by mainly Democrats since the 1960's if not longer. Why aren't they to blame? Is that fact not convenient?

Might sound immature to someone who has done absolutely no homework and just decides to type. The only consumer bad faith legislation against insurance company's was passed during the Granholm administration. I was never a fan of her, but that's when it happened. Couldn't happen these days.

[jerrytimes]

Might sound immature to someone who has done absolutely no homework and just decides to type. The only consumer bad faith legislation against insurance company's was passed during the Granholm administration. I was never a fan of her, but that's when it happened. Couldn't happen these days.

Did you read what I was replying to?

[Zacha341]

I got your point. We've been thru the ringer by both sides of the political spectrum.

Did you read what I was replying to?