Insurance company refund
6 years ago
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Any reason to be 'brand-loyal' to my insurance company?
Comments (14)Switch!! I used to work for a Major Insurance Company at their national claims office. Many people assume incorrectly that their loyalty really matters. It plays a very small roll; more accurately, the number of claims in any given amount of time is what is really important. There is a national database that tracks all insurance claims for all major companies, and any new company you are with will look at your lifetime claim history, no matter who you were insured with at the time. People also assume that their personal relationship with an agent matters. It doesn't really... only in a feel good way. Any problems you have with a claim usually require that you work with the national claims office and you will spend your time on the phone with the claims office. Your agent will not really represent you. They can't "give you a good deal" or make concessions for you. I have found that the greatest benefit of having a local insurance agent is that I can fax documents to the national claims office for free, lol. The only advantage I have found with being with the same company long term is that we are grandfathered into some coverage that we couldn't get at this time (we get roadside assistance -100% for lockouts, dead batteries, flat tires- for $2.67 every 6 months). Oh, and all our insurance (including our business insurance, workers comp and liability) is through the same company. Great way to get discounts for multiple policies....See MoreEgads! Our Homeowners Insurance Company Is Bankrupt: Any advice!
Comments (32)I have great news! On November 17th, our credit card company, Citibank notified us that the dispute has been officially settled in our favor and the entire amount of our insurance premium has been permanently credited back to our account. Yippeee! For us, the hard part was following through with the documentation. I guess that our insurance company is so disorganized at this point that they could not file a case against us (plus, what they did was wrong as well). In short, thank heaven that I used a credit card to pay the premium. And speaking of credit cards, I wanted to say that several months ago I bought an item on eBay that the seller never mailed to me, nor would the seller communicate with me, even though I paid in full when the auction ended. I reported the transaction via Pay Pal (which is the only avenue eBay would let me take other than leaving negative feedback), which has a very mediocre, no, pitiful, disputes process. After a few weeks of waiting on Pay Pal to get somewhere, I finally told Pay Pal that I wanted my money back from the deadbeat seller. Here's the bad part: Pay Pal wanted to charge me $25 to pursue a claim (that's really about the amount I spent on the item), even though I'm the victim of a fraudulent seller. In fact, I believe the seller resold the item I bought in another auction. Well, if I had paid for the auction via Pay Pal's instant bank transfer method, I would have been stuck. But thanks again to my credit card (which I always use on Pay Pal, never, ever the instant bank account transfer because you don't have the same level of protection, obviously) I am disputing that charge as well. Moreover, disputing the charge via Citibank got eBays attention and they sent me a questionnaire about the transaction (what that will do, I have no idea). I'm very disappointed in eBay and in Pay Pal for the lack of support in the face of a very bad transaction, in fact, a criminal one. I am not the only one, the seller now has several negative feedback listing the same complaints as this one. In any case, thanks for helping on this homeowners insurance dispute. What a great outcome....See Moreinsurance company called & wants inspection done
Comments (15)Your homeowner's policy is more than likely set to renew within the next few months. Insurance companies are doing outside inspections at renewal. They are trying to weed out the bad risk and if you have an older policy they are attempting to confirm the cost of it's replacement. They are looking for loose gutters, rotting shingles, curled shingles, old roofs, leaks, tripping hazards, missing rails, loose gutters, trees hanging over the roofs/soffits and gutters. That's just some of what they look for. Homeowner's insurance has not been profitable and they are looking to reduce the risk. As a homeowner we should maintain our properties so that we don't have the small claims. You can shop if your not happy about it but I guarantee you 90 - 100% of the companies are doing the outside inspections. If there are issues, companies can terminate you after giving you the opportunity to repair the damages. They may also offer those with older roofs an actual cash value option for the roof. You have to realy read your policies today. I've been selling for 14 years and in our area, it's been tough due to high wind damage. Some companies will also seperate out the deductibles, it used to be standard in this are (midwest) for a single all peril deductible. Today, they are also instituting a wind/hail deductible because that is the biggest risk here. Many no longer offer earthquake coverage, the big Illinois companies have pulled that. We've had tremors here in southeast Wisconsin and for that reason I insure with a company I don't write for. I can't emphasize it enough, you get your homeowner's renewal annually, you owe it to yourself to review it with your agent and have a clear understanding of it....See MoreReputable Trip Insurance Company
Comments (6)My tour companies have always furnished the insurance company for me. The one I use now is called Travel Guard and it came through with $8,000. when I had to cancel my last trip. My guide said she usually has to fight to get her customer's money back not in my case. I broke my arm and couldn't travel because of dangers of falling, therapy and PAIN. You have to have a health reason, statement from the doctor, death certificate if a loved one dies. You really have to prove you have a good reason to cancel, can't just change your mind. I never travel with out insurance. Years ago I had to cancel because my husband was diagnossed with cancer and needed treatments, it was about $7,000....See More- 6 years ago
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