Dec 27, 2024
12:58:01pm
12:58:01pm
(It's less expensive for good drivers)
I just switched form Farmers to Progressive and saved nearly $500 a month. I also got rid of 3 dependents this year.
Originally posted on Dec 27, 2024 at 12:58:01pm
Message modified by Benfica1 on Dec 27, 2024 at 12:59:34pm
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- Benfica1
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- Feb 25, 2018
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- Dec 28, 2024
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Dec 27, 12:58pm
Dec 27, 12:16pm
That’s very simplistic thinking. The profit for an insurance company isn’t just 100 less the combined ratio. Insurance
Dec 27, 12:51pm
Dec 27, 1:34pm
Dec 27, 1:44pm
Investing the money they receive in premium before it is paid out in claims. Carriers are huge investment engines.
Dec 27, 2:05pm
Dec 27, 4:25pm
Of course not, because of the investments. I’m not talking about profitability. I’ll talking about combined ratio which
Dec 27, 5:11pm
Dec 27, 5:13pm
Dec 27, 5:21pm