Some auto insurers are sending refunds to customers as crash rate falls

Re:Some auto insurers are sending refunds to customers as cr... by linsomniac on Tuesday April 07, 2020 @10:05AM (#22803284)

Unlike healthcare, if I go to a body shop or mechanic, they tell me how much it's going to cost me and even write it down on the work order, before they start working.

Because of that, I've never gone to pick up a car from, say, a brake job and been presented with a 4-5 digit unexpected bill because "Our shop assistant wasn't available so we had to pull in the Bugatti specialist next door to help bleed the brakes".

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Re:Some auto insurers are sending refunds to customers as cr... by coredog64 on Tuesday April 07, 2020 @11:57AM (#22804370)

Many years ago, my wife crashed our truck. The insurance guy took a look, estimated that it wasn’t a total loss, and directed the shop to fix it.

Unfortunately, he missed several significant signs of expensive damage. The engine had to be replaced, the frame required more work, etc. etc. At the end of the process, GEICO bought us a very expensive new old truck.

[ Parent | on HN ]

Re:Some auto insurers are sending refunds to customers as cr... by eru on Thursday April 09, 2020 @10:17PM (#22829325)

> Unlike healthcare, if I go to a body shop or mechanic, they tell me how much it's going to cost me and even write it down on the work order, before they start working.

It might be hard to believe, but that's largely how healthcare pricing works in Singapore. Especially for routine treatments and surgeries.

[ Parent | on HN ]