Did you know?
- Did you know that in Florida, you have to buy car insurance if you own Driving license, whether you have your own car or not?
- Did you know that you can buy insurance for your pets?
- Did you know that if you buy $50k insurance from American company, the insurance company is liable for only $10k and rest $40k is reinsured with someone else? The reinsurer gets only small part of the premium which you and I pay and rest goes in to Insurance company’s profit books.
Joel On Software, Off Topic forum uncovers the Insurance Scam. This thread is a must read if you are in US and are tired of paying hundreds and thousands of dollars to Insurance comapnies, only to allow CEO of Insurance companies buy Maybach’s of the world.
June 6th, 2005 at 1:43 pm
The first time I had bought insurance in US, my premium was $231 per month! It was not a whole lot less than my actual car loan payments
June 6th, 2005 at 1:49 pm
Gaurav, I am in the same boat right now! Currently, I pay 200$ a month for insurance where as my car loan payment is $271 a month!
JD
June 9th, 2005 at 6:52 am
Indian leading software outsourcing company
June 11th, 2005 at 1:41 pm
JD, I have book-tagged you, I hope you don’t mind.