Lawsuit: Allstate used GasBuddy and other apps to quietly track driving behavior

[RANDYWILDMAN]

20. Who could not see this coming

insurance is a business that tries to make money by denying service to the policies they supposedly wrote....not a long term sustainable process unless they cut some corners or cancel some policies that expose their risk or gouge some customers.

Example: a California company charged somebody 4,500 for fire insurance and then last year changed the rate to 18000, Either buyer gives up or they gouge this customer, then when buyers who house burns down then pay 60 cents on the dollar and the customer can't rebuild their house and they sell it to a private equity development company....circle of life