I see auto insurers advertising an "accident forgiveness" benefit in their advertising. Isn't the reason we buy auto insurance so we will be compensated for expenses following an accident. Isn't it also true that if you never have an accident you will never see a penny of the money you've paid in for 60-70 years? Premiums we pay are based on the assessment of exposure, estimated number of accidents and the costs to the insurer.. Why then, unless you have an unusual number of accidents should we be penalized when we have an accident? Isn't that why we we bought the insurance in the first place. Should they be surprised that some of us do actually have accidents now and then?
While it is true that most insurances we buy are for events which we hope will never happen to us, when they do, isn't that what the insurer should have expected? Isn't that why they sold us the policy?
There are expressions which describe the character of such behavior of one entity toward another, but in deference to delicacy, I will not express them here.
While it is true that most insurances we buy are for events which we hope will never happen to us, when they do, isn't that what the insurer should have expected? Isn't that why they sold us the policy?
There are expressions which describe the character of such behavior of one entity toward another, but in deference to delicacy, I will not express them here.
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