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The question was to TigerLily who seems to believe Trump filing a claim is enriching himself with other peoples money yet is oblivious to insurance companies who enrich themselves with other peoples money.
Regardless of bond rates as I gave an example of State Farms profits for 2017. 2.2 billion isnt anything to sneeze at.
So you are saying that because insurance companies make money from premiums voluntarily paid by policy-holders, that everyone should just feel free to defraud those same insurance companies at will?
Also that because some insurance companies made huge profits, we shouldn’t care if someone files a false claim and steals some of those profits?
If an adjuster calculates the damages and you can get it done for less, how is that fraud? Fraud is when you fake or deceive to get the damages rated higher, like when people fake injuries for the doctor but go skiing the next day...
The fact that the anti Trumpers are so quick to cling on to ANY tiny little thing is amazing...especially in light of the mountains of stuff their people have done....oh wait we're not supposed to mention any of that because it hurts their case.
So you are saying that because insurance companies make money from premiums voluntarily paid by policy-holders, that everyone should just feel free to defraud those same insurance companies at will?
Also that because some insurance companies made huge profits, we shouldn’t care if someone files a false claim and steals some of those profits?
Well, okay then.
Ok I guess I have to say it again. First, who committed insurance fraud?
Second: I'm saying insurances companies enrich themselves with other peoples money. See right here
Quote:
"insurance companies who take all those premium checks month after month, year after year and enrich themselves on the investment using other peoples money."
This does not equal "So you are saying that because insurance companies make money from premiums voluntarily paid by policy-holders, that everyone should just feel free to defraud those same insurance companies at will?"
I said NOTHING resembling it is ok for anyone to defraud insurance companies. I dont know where you are pulling that from.
Here is what I am saying:
Filing a claim is not insurance fraud. Filing a claim does not enrich one by means of taking other peoples money.
Insurance companies are the ones taking peoples money. Insurance companies enrich the company by investing that money. The people paying the premiums are placing a bet, they have lost nothing except that premium. The people who file claims are collecting on their parlay.
No Im not saying its ok to defraud insurance companies.
Trumps insurance agent is a big time contributor to his PAC and the adjuster conveniently can not remember much detail about a 17 MILLION payout.
LMAO ...you're doubling down on this nonsense.... you think a insurance agent has the authority to write a check for 17 million with no oversight?
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