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(NYPost)   36% of all no-fault car insurance claims in NYC are fraudulent, not including any involving Rex Ryan   (nypost.com) divider line 15
    More: Obvious, Rex Ryan, no-fault insurance, executive assistant  
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1901 clicks; posted to Main » on 23 Jan 2013 at 8:28 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



15 Comments   (+0 »)
   
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2013-01-23 08:34:32 AM  
cotterscourt.files.wordpress.com

I think in all fairness, I should explain to you exactly what it is that I do.....
 
2013-01-23 08:48:21 AM  
Taking lessons from Florida.
 
2013-01-23 09:03:01 AM  
Never mind its the NY Post

so i was driving through upstate NY last weekend with a broken CD player in my truck and an ipod that had died on me so I was scouring the radios and fark me if there isn't a ton of conservative talk radio on, so i decided to listen to the hot air spewing Sean Hannity and he was referring to the Post as a credible source, the NY Post. If your gonna knock the NY Times, don't be referring to the post because your credibility, as low as it may already be, gets even worse.
 
2013-01-23 09:08:04 AM  
I'm stuck on that headline "car-insure claims" Unless car-ensure is a company I've never heard of someone wrote this in another language and used the worst translator. They also need their hyphen use restricted until they learn to wrote-gooder.
 
2013-01-23 09:09:41 AM  

soia: Never mind its the NY Post

so i was driving through upstate NY last weekend with a broken CD player in my truck and an ipod that had died on me so I was scouring the radios and fark me if there isn't a ton of conservative talk radio on, so i decided to listen to the hot air spewing Sean Hannity and he was referring to the Post as a credible source, the NY Post. If your gonna knock the NY Times, don't be referring to the post because your credibility, as low as it may already be, gets even worse.


Better the post than the daily news
 
2013-01-23 09:15:37 AM  
Who cares, and why is this news?

Also, why are my car insurance rates so high? Those filthy corporate criminals, just out to make a buck.
 
2013-01-23 09:19:56 AM  

crazyeddie: Who cares, and why is this news?

Also, why are my car insurance rates so high? Those filthy corporate criminals, just out to make a buck.


Not sure if serious.
 
ZAZ [TotalFark]
2013-01-23 09:21:02 AM  
I don't see why they need a new law. Between fraud and larceny prosecutors should have the tools they need.
 
2013-01-23 10:46:39 AM  

GlobalStrategic MapleSyrup Reserve: I'm stuck on that headline "car-insure claims" Unless car-ensure is a company I've never heard of someone wrote this in another language and used the worst translator. They also need their hyphen use restricted until they learn to wrote-gooder.


I deal with a lot of people in India and see this constantly. They tend to insert hypens anywhere and everywhere. Drives me bonkers to read their documents.
 
2013-01-23 10:48:08 AM  

ZAZ: I don't see why they need a new law.


You and your crazy libertarian theories. It'd be Somalia here without the continuing metastatic growth of the regulatory state.
 
2013-01-23 11:46:58 AM  
Seems about the same as the % of insurance policies that are fraudulent as well...
 
2013-01-23 02:43:27 PM  
I just dropped Geico, because at the end of September a guy ran a stop sign and t-boned me. And it was so damn stressful they gave me a new adjuster every other day, then they lost my car and I had to find it myself right where they said it wasent. They kept on screwing up my paperwork and I had to keep sending stuff in. Then after all that they kindly raised my rates and I havent even been in an accident or gotten a ticket in over 7 years. No fault accidents are so damn lazy. I dunno if its the police or the insurance companys or both. Just seems to be a way to screw someone over. I think in Maryland all accidents are no fault unless there is a fatality.
 
2013-01-23 03:00:52 PM  

groppet: I just dropped Geico, because at the end of September a guy ran a stop sign and t-boned me. And it was so damn stressful they gave me a new adjuster every other day, then they lost my car and I had to find it myself right where they said it wasent. They kept on screwing up my paperwork and I had to keep sending stuff in. Then after all that they kindly raised my rates and I havent even been in an accident or gotten a ticket in over 7 years. No fault accidents are so damn lazy. I dunno if its the police or the insurance companys or both. Just seems to be a way to screw someone over. I think in Maryland all accidents are no fault unless there is a fatality.


"No-fault" is a misleading term. What it means is that the insurance company will indemnify (pay) your loss regardless of whether you were or weren't at fault in the claim. They still determine who is fully or partially at fault in a claim. In your situation I'd assume that they either attributed partial fault to you or that you lost that claims free history you had built with them and with it some discount percentage. Not being a GEICO employee though I can't speak to how they operate in these situations.
 
2013-01-23 06:36:21 PM  

GlobalStrategic MapleSyrup Reserve: "No-fault" is a misleading term. What it means is that the insurance company will indemnify (pay) your loss regardless of whether you were or weren't at fault in the claim. They still determine who is fully or partially at fault in a claim. In your situation I'd assume that they either attributed partial fault to you or that you lost that claims free history you had built with them and with it some discount percentage. Not being a GEICO employee though I can't speak to how they operate in these situations.


Yeah, I know that my premiums would go up in a case like that simply through the loss of the no-claims discount. It's not that they felt I had any fault in the accident (the other guy admitted fault at the scene), it's just I went through mine also given their minimal coverage.
 
2013-01-23 11:56:10 PM  
This is why I have a dashcam.
 
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