Gerald Thomas11 said:These houses smell like fraud. It all started back in the 90s when that first insurer began handing out bonuses like candy. That was the mistake. They didn't build up enough reserves, which led to the mess we see now—lowball payouts and endless delays on claims. Eventually, the competition had to play by those same dirty rules just to stay in the game, tossing bonuses around to anyone who would take them. The end result? Insurance premiums skyrocketed for everyone.
Just when America started handing out bonuses, Ford Motor Company went and kicked up a massive dust cloud. Now the oversight is tighter than ever. Typical.
And one more thing. It’s a mistake to think that way. We should just go with the cheapest option.
It doesn't matter to you if Ford Motor Company, Allstate, or some other random carrier takes two days or two years to settle the claim. You aren't the one waiting on the check. If you're the one at fault in the accident, that payout goes straight to the other driver, not your pocket.
Mandatory coverage almost always includes accident insurance for the driver and passengers. For me, that’s the non-negotiable part. I need to know that if something goes sideways, my passengers and I are covered by a company I actually trust.
Trust me, that’s not how it works. Most people either already have life insurance or they just hunt for the cheapest policy possible. If you’re only getting basic liability (just the car), it doesn't matter who you pick—you're just paying it so that if you cause an accident, your insurer pays the other guy instead of you coming out of pocket.
The smartest move is basic liability plus passenger coverage (if you don't have life insurance) and Liberty Mutual AOplus for $25, which protects you even if you're the one at fault (provided you aren't drunk).
Also, if you're cruising down the interstate in a newer vehicle, I'd suggest adding glass coverage for about $117.
State Farm OK, Liberty Mutual OK, Allianz OK, USA OK
(Respectfully, an auto insurance agent)