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State Farm Eases Personal Property Payout Burden for L.A. Fire Victims After Talks with Trump’s Grenell

Valletta

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CRAZY_CAT_WOMAN

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A sigh of relief from California victims, courtesy of the Trump administration.
Richard Grenell helped. Blue states can benefit Trump more, than Red States. What is Trump doing to help Arkansan/ Red States.
 
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Valletta

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Richard Grenell helped. Blue states can benefit Trump more, than Red States. What is Trump doing to help Arkansan/ Red States.
It's no longer about what political sign is in your yard.
 
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Aryeh Jay

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Richard Grenell helped. Blue states can benefit Trump more, than Red States. What is Trump doing to help Arkansan/ Red States.

Teaching them to save money and become self sufficient.
 
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Richard T

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A sigh of relief from California victims, courtesy of the Trump administration.
I suppose it is good news that State Farm is going the extra mile. Still, relief for some and windfall for others. Most do insure their personal property losses at more than what they actually own. Also, a lot of stuff is depreciated, like a ten year old couch or five year old mattress. So that is why receipts are requested or in some states required, and in many cases insurers will require proof of replacement. Since they will just give out more with no documentation, who will end up paying? Those who pay for insurance in the future. State Farm is a Mutual insurance company, owned by those they insure. higher payouts equal higher rates. I just saw a 37% increase in property casualty rates. Is my home that much more risk for one year? If anything, it is good to learn to learn to save receipts for all major purchases.
 
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Valletta

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I suppose it is good news that State Farm is going the extra mile. Still, relief for some and windfall for others. Most do insure their personal property losses at more than what they actually own. Also, a lot of stuff is depreciated, like a ten year old couch or five year old mattress. So that is why receipts are requested or in some states required, and in many cases insurers will require proof of replacement. Since they will just give out more with no documentation, who will end up paying? Those who pay for insurance in the future. State Farm is a Mutual insurance company, owned by those they insure. higher payouts equal higher rates. I just saw a 37% increase in property casualty rates. Is my home that much more risk for one year? If anything, it is good to learn to learn to save receipts for all major purchases.
You should scan them and save them on the Internet. My aunt's house burned down, she was on the Oakland/Berkeley border, and she was at church and they would not let her return to her home. So EVERYTHING was gone except the clothes she was wearing and what was in her purse. So too one of the big banks almost went under due to a fire at headquarters, they had a disaster recovery plan but left it at headquarters.
 
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Richard T

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You should scan them and save them on the Internet. My aunt's house burned down, she was on the Oakland/Berkeley border, and she was at church and they would not let her return to her home. So EVERYTHING was gone except the clothes she was wearing and what was in her purse. So too one of the big banks almost went under due to a fire at headquarters, they had a disaster recovery plan but left it at headquarters.
Yes, something I had not thought of to keep on the cloud or save in a email draft.
Serial numbers on some stuff is good too. When I was younger I had a guitar stolen among other things, it was 20 years later that i found the paper I wrote the serial number on. Such access is critical, too bad my chances of recovery were long gone.
 
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