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Thread: Auto & Home Insurance Quotes

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  1. #1
    Join Date
    Nov 2006
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    Lexington
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    12,346

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    Quote Originally Posted by FULLCHOKE View Post
    Will you provide us with the ratio of payout vs pocketed?
    Well, I started taking a $1000/month income at the start of year 6 so $4000. Still paying off $100k of debt. I know y’all want to believe that we all just sitting the back office counting $100 bills but it’s not reality.


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  2. #2
    Join Date
    Jan 2020
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    1,207

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    Quote Originally Posted by b35w View Post
    Well, I started taking a $1000/month income at the start of year 6 so $4000. Still paying off $100k of debt. I know y’all want to believe that we all just sitting the back office counting $100 bills but it’s not reality.


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    No, didn’t mean this as a dig at you personally. I’ll rephrase, how much did State Farm get paid in premiums over that 5year span versus the 4.4mil that they paid out?

    I’d be willing to bet that the 4.4mil is less than 10% of what State Farm was given from their customers over that 5 years. All I’m trying to say is don’t go touting a 4.4 million payout when that’s a drop in the bucket compared to what State Farm took home. It’s corporate robbery.

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