UPGRADES & INSURANCE

Quote from Bill Martin

As many of you already know myself and another Sling brother had a wreck just before rally due to a complete idiot stopped in a blind curve loading a motorcycle. With my cat like reflexes (😂) I stopped a foot from the parked car. My buddy couldn’t stop hitting me from behind pushing me into the parked car. You would think that my buddy’s insurance company would immediately determine their insured’s policy would repair your vehicle to pre accident condition. BUT - my buddy was insured by State Farm. I knew I was going to have a fight on my hands from a Hurricane Laura claim when State Farm insured me. Fortunately I was able to find a guy that can make the repairs to my flame paint (wrap) - whatever😂. First thing here - to this day NO ONE from State Farm has ever went to the body shop where it has been since the day after the accident to this day. After about 3 weeks of stalling - allegedly waiting on an accident report I get a check for around $6500 which is still in my desk drawer. My paint & body guy sent in a supplement which amounted to around $14,500 for all repairs. State Farm then tells me they are going to total my Sling and give my $19k and I surrender the title. I guess you can just imagine my displeasure at this offer. Since I had lot a lot of paperwork during the hurricane I had to chase down my retired painter and get invoices from him and Dave DDM (thanks Dave) to go back years to get me invoices. I finally got all my paperwork sent into State Farm Monday. Waited 48 hours with no response and called. I got thru to a bean counter and bounced around different departments until I got the head bean counter. I sent in invoices totaling over $30k. The bean counter then said “with depreciation we are adding about $8k to the value. I stopped him “Whoa Whoa Who - I don’t give 2 shits about your accounting procedures - either you tell me right now or I’m headed to the courthouse to file this suit I have in my hand - at this point I can go either way”. He replied “we will pay for repairs to your vehicle”. I won my fight but my buddy did not insure all his extra goodies and they are going to total his. I tell this long story to make everyone here to check your insurance policy and make sure you are adequately covered. And for God Sakes - don’t use State Farm insurance - they are SHIT!!

PS I paid State Farm premiums for 35 years until I had a big claim and saw how they will screw you at every turn…you have been warned !!

I just recently dropped State Farm for my auto insurance and went with Progressive. They got too expensive for me to continue with them. I had auto insurance with them for about 40 years.

I also dropped State Farm after around 40 years. Sling I (2015) was $350 a year, then I also bought Sling II (2016) they wanted $750 a year. Progressive is $750 for both Slings and the Harley a year.

hopefully I will never have to find out if they are any good, but both my wife's Volvo and my slingshot are with Allstate

insurance - you are stupid if you dont have it, but you still hope you never need it!

Quote from Bill Martin

Just an imagine if you had back every premium you paid in your lifetime. I would imagine you could pay cash for just about any catastrophe to befall you!! Insurance is a gamble and insurers like State Farm have been losing and don’t like it !!

not much different than the casino business - - we lose and they win

Quote from Bill Martin

Just an imagine if you had back every premium you paid in your lifetime. I would imagine you could pay cash for just about any catastrophe to befall you!! Insurance is a gamble and insurers like State Farm have been losing and don’t like it !!

That's exactly why all the car rental companies do NOT have insurance on their cars. They are suppose to post a bond for $XX.XX that is used to self-insure the vehicles. That's why they try to get you to "upgrade" your insurance coverage on a rental. So they get you to fully fund their cost so they have ZERO exposure when you drive one of their cars

speaking of insurance, my wife and I are going on a quick one week getaway to Roserito Mexico toward the end of September and right after booking the trip I remembered that we need to buy one weeks worth of special auto insurance for the trip

Insurance may be a bet that almost is never needed, but there is no way in hell I am driving our car in another country without proper insurance

Quote from Bill Martin

unless you are judgement proof - you have to have it - kinda like health insurance - one trip to the hospital could wipe out a wealthy person without insurance !!

you get in an accident and hurt someone in Mexico with no insurance and they will lock your ass up and throw away the key - it goes way beyond just taking your money