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Originally Posted by OhioBuckeye
You’re exactly right! That’s why Ins. companies never go broke you pay to have Ins. & even if you don’t have a claim, you pay. It doesn’t seem right but if you do have a claim you’re glad you have it because then everyone else’s Ins. will go up & yours will too! It’s a no win situation.
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You never know how good your insurance company is until you make a claim.
You will never know how well an insurance company is covered financially, until all insured make a claim.
I warrant a few Florida insurance companies will struggle to meet their Hurricane Ian commitments!