Oh here we go again……insurance companies still do not want to pay for hurricane damage. I guess I shouldn’t be surprised, but I am. And while I have written about this before, a lot, there is a quote in here that kills me. Really, it does.
From the article: Bill Bailey, managing director of the Hurricane Insurance Information Center, told the crowd gathered at the National Hurricane Conference in Orlando last month that an unfavorable court ruling could “break the industry.”
Really? Being required to pay for covered damage is going to break the industry? An industry with record profits? An industry that seems to be bent on making more money?
Here are five suggestsions for Mr. Bailey (and since you can’t tell my tone based on this post, let me share that I am a bit tired of this from the insurance industry):
- Stop using hyperbole. The insurance industry is not going anywhere any time soon.
- Find a new spokesperson school since apparently he went to the same school as the Allstate spokeswoman (see here)
- Pay claims that you owe in a timely manner and you won’t need to be in court so much
- Pay a fair amount for a claim and people would stop hiring folks like me
- The sky isn’t falling and we won’t believe someone from the insurance industry telling us different
Seriously, if the insurance industry would pay claims in a timely manner and stop trying to strong arm politicians (see my prior post about John Garamendi) or stop running a million (billion?) dollar PR campaign or stop trying to scare people, then maybe they would make more money and people would stop hating them!