yeah, but reading a policy can actually do things like inform you. If you\’re going to take the time to read the blogs about how your carrier is out to screw you, it at least makes sense to read your policy to know what\’s covered; doing so allows one to prepare for those damages that are not covered, like an Earthquake deductible. The great thing about Big Bird\’s situation is he can probably have his nest lifted back into position if it falls due to Earthquake, but at least he\’s smart enough to consider it a risk worth insuring for. It\’s not greek, even though a trained lawyer like Mr. Lott can\’t figure it out, it\’s good to know Big Bird can and has taken steps to protect himself.
As many have stated before, the policy has evolved into an easy read policy now. If the peopel can\’t understand now, this is one last chance. Charge an additional $40.00 per policy and have the agent provide up to 1 hour with each insured to reveiw any and all coverage questions and have the insured and agent sign that they spent this time or were offered and reufsed the time. Maybe even have a checklist of some items to check off. Give the $40 to the agent for the extra time. If after the question and answer time the insured wishes not be buy, then NO money changes hands. There is one caveat to this, the agent must be competent, not like Dale.
It don\’t matter what you do to try to explain this to people…
1. only 10% of the population can read
2. only 10% of those can understand what they just read.
3. only 10% of those are capable of making an intelligent descision.
Not saying much for the american public… must be Bush\’s fault!
Joanna, is right, what difference does Capitalization make! You can read the policy all you want, but an exclusion is an exclusion and a deductible is a deductible and it is very, very expensive to protect yourself against them. Most of us cannot afford it, we just have to take our chances!
And by some of you, I mean Joanna and Capital or no Capital.
These policies are written in \”legalese\”, right? They add a million extraneous words so that they can confuse everyone BUT a lawyer. Most people who have commented seem to be saying EVEN IF policies are written in \”plain English\” there is no way they can fit on 1 page, or 2 or probably even 3.
So, Joanna and Capital, I\’ll help you out. No one here is saying READING the policy will suddenly make it cover everything you want it to cover. What they ARE saying is that reading the policy is beneficial to the policyholder. If you don\’t see flood coverage on your policy and you know you need it, then you can ask about purchasing it. Earthquake coverage, theft, alien landings, etc. Read your policy FIRST and quit claiming IGNORANCE after a catastrophe that you are NOT covered for. If you live in a flood zone, you need flood coverage. BUY IT. Sure, there are a lot of bleeding hearts out there (mine bleeds sometimes too) to give you charity but don\’t rely on it. Prepare yourself. I know it is very expensive for some. I wish I could fix that, but I can\’t. Sorry.
The point wasn\’t about capitalization (I\’ll try my hardest to explain this to you). It was about Joanna rudely calling someone* an idiot, when her spelling and grammar made HER look like an idiot. You\’d think if you were calling someone a name you\’d make sure it wasn\’t a name that describes you as well. But, alas pot… meet kettle.
*Joanna\’s comment wasn\’t directed at anyone in particular so I do not even know specifically to whom she was referring.
I think you are missing the point, regardless if you read your policy and know what risk are excluded or what your deductible is, 5% deductible on wind damage or 10% deductible on earthquake doesn\’t change it and very few of us can afford anything else. We understand about a separate policy for flood coverage. And just what is Hurricane coverage (haha)! What kind of emergency fund would Big Bird need with a $20,000.00 deductible?
And by the way, sounds like you are the name caller!
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yeah, but reading a policy can actually do things like inform you. If you\’re going to take the time to read the blogs about how your carrier is out to screw you, it at least makes sense to read your policy to know what\’s covered; doing so allows one to prepare for those damages that are not covered, like an Earthquake deductible. The great thing about Big Bird\’s situation is he can probably have his nest lifted back into position if it falls due to Earthquake, but at least he\’s smart enough to consider it a risk worth insuring for. It\’s not greek, even though a trained lawyer like Mr. Lott can\’t figure it out, it\’s good to know Big Bird can and has taken steps to protect himself.
As many have stated before, the policy has evolved into an easy read policy now. If the peopel can\’t understand now, this is one last chance. Charge an additional $40.00 per policy and have the agent provide up to 1 hour with each insured to reveiw any and all coverage questions and have the insured and agent sign that they spent this time or were offered and reufsed the time. Maybe even have a checklist of some items to check off. Give the $40 to the agent for the extra time. If after the question and answer time the insured wishes not be buy, then NO money changes hands. There is one caveat to this, the agent must be competent, not like Dale.
\”You idiot.\”- Joanna Eiermann
Catostrophic (catastrophic- no capitalization necessary)
What\’s you\’re Earthquake deductible? (your, not you are… earthquake- again no capitalization is necessary)
If you do, you are amoung the elite. (among)
And she is calling you guys idiots? If I were her, I wouldn\’t have put my real name.
This was not a lesson in spelling. Just a leson that you have an idiot calling other people idiots. :)
Typo there- lesson is correct. :)
Thank you
first I see one idiot…one…
now I see two idiots…two…
one, two…
then three-e-e-e idiots…yes, three-e-e-e
one, two, three…
I love to count, I\’m counting on many more…
It don\’t matter what you do to try to explain this to people…
1. only 10% of the population can read
2. only 10% of those can understand what they just read.
3. only 10% of those are capable of making an intelligent descision.
Not saying much for the american public… must be Bush\’s fault!
Joanna, is right, what difference does Capitalization make! You can read the policy all you want, but an exclusion is an exclusion and a deductible is a deductible and it is very, very expensive to protect yourself against them. Most of us cannot afford it, we just have to take our chances!
And by some of you, I mean Joanna and Capital or no Capital.
These policies are written in \”legalese\”, right? They add a million extraneous words so that they can confuse everyone BUT a lawyer. Most people who have commented seem to be saying EVEN IF policies are written in \”plain English\” there is no way they can fit on 1 page, or 2 or probably even 3.
So, Joanna and Capital, I\’ll help you out. No one here is saying READING the policy will suddenly make it cover everything you want it to cover. What they ARE saying is that reading the policy is beneficial to the policyholder. If you don\’t see flood coverage on your policy and you know you need it, then you can ask about purchasing it. Earthquake coverage, theft, alien landings, etc. Read your policy FIRST and quit claiming IGNORANCE after a catastrophe that you are NOT covered for. If you live in a flood zone, you need flood coverage. BUY IT. Sure, there are a lot of bleeding hearts out there (mine bleeds sometimes too) to give you charity but don\’t rely on it. Prepare yourself. I know it is very expensive for some. I wish I could fix that, but I can\’t. Sorry.
The point wasn\’t about capitalization (I\’ll try my hardest to explain this to you). It was about Joanna rudely calling someone* an idiot, when her spelling and grammar made HER look like an idiot. You\’d think if you were calling someone a name you\’d make sure it wasn\’t a name that describes you as well. But, alas pot… meet kettle.
*Joanna\’s comment wasn\’t directed at anyone in particular so I do not even know specifically to whom she was referring.
I think you are missing the point, regardless if you read your policy and know what risk are excluded or what your deductible is, 5% deductible on wind damage or 10% deductible on earthquake doesn\’t change it and very few of us can afford anything else. We understand about a separate policy for flood coverage. And just what is Hurricane coverage (haha)! What kind of emergency fund would Big Bird need with a $20,000.00 deductible?
And by the way, sounds like you are the name caller!