Evan Mann wrote:
This is long, but I'm wondering if everyone else gets this treatment.

My home warranty with American Home Shield (AHS) is up for renewal.
Today they really ticked me off.
...

Keep this in mind. All insurance companies are in business to make
money. They figure out how much they are going to spend on your repairs,
add in how much it is going to cost them to service and do the paperwork,
add in commission to the sales staff, cost of those nice buildings where
they work and add something for profit and that is what you pay.

Most of the time, they collect more than they pay out. If they don't
they are out of business. And that is the good ones. The less good spend
your money to keep you from getting claims paid and make even bigger
profits.

I am not suggesting that all insurance is bad all the time, but unless
the peace of mind that the insurance gives you is worth a lot, insurance is
almost always a bad investment.


--
Joseph E. Meehan

26 + 6 = 1 It's Irish Math