Auto Insurance Question

Greenmountain Farmer · Mar 4, 2009

Anyone else here have there auto insurance through AIG thinking of going elsewhere for coverage due to their financial problems?

Tom in Vermont

scott_vt · Mar 4, 2009

Good Evenin Tom,
Well guess what buddy... Im insured by those bozoes also !!!

My wife and I got rearended by a drunk last Oct. We got her car fixed through our insurance, AIG, at the time. We were rearended by a drunk at the time, he didnt even have his head lights on when he plowed into us ! At that time we werent even sure he had a valid policy ! But the good news was he did ! We had to front the $500 deductible to get her vehicle fixed, and after 6 months of phone calls we finally got our %$500 check !

Honestly I think these Bozos are too busy throwing extravagant parties for themselves to really run a business, IMHO !

And or gettin bailout money from out Govt, which BTW is our money !

Hope I answered your question !

mjarrels · Mar 4, 2009

Too big to fail...I'm thinking AIG is behind State Farm, Allstate, Rockingham Group, keep the list going! My thoughts... let them fail (three times a charm on baleouts) and number two insurace Co. will become number one!

mark

mjarrels · Mar 4, 2009

I just remembered something... years ago, I was at a car wash one sunday morning wating in line... I won't say (towel wrapped around his head) He washed the engine of his 65 mustang... no start, so he pushed it backward out of the car wash and down the hill... I saw it coming, he could'nt get in the driver door fast enough to stop... smacked into my front quarter panel! Same insurance agent... that claim took for ever to close! That same insurance agent spent 10 years in jail for stealing company funds!

mark

Greenmountain Farmer · Mar 4, 2009

scott_vt said:
Good Evenin Tom,
Well guess what buddy... Im insured by those bozoes also !!! My wife and I got rearended by a drunk last Oct. We got her car fixed through our insurance, AIG, at the time. We were rearended by a drunk at the time, he didnt even have his head lights on when he plowed into us ! At that time we werent even sure he had a valid policy ! But the good news was he did ! We had to front the $500 deductible to get her vehicle fixed, and after 6 months of phone calls we finally got our %$500 check !

Honestly I think these Bozos are too busy throwing extravagant parties for themselves to really run a business, IMHO !

And or gettin bailout money from out Govt, which BTW is our money !

Hope I answered your question !

Have had coverage through them for years, they paid a little over 7k on my only claim, hit a deer on I89 in Bolton Flats, just wonder if the service will be there when needed.
Tom in Vermont

mjarrels · Mar 4, 2009

I think Insurance Co. would rather pay a lawyer than a claim... I'm debating on dropping my insurance on property... Save $2200 a year and become self insured!

mark

2manyrocks · Mar 4, 2009

In Tenn., I think auto insurance is mandatory and a misdemeanor if you don't have it.

OP brings up good question about paying insurance premiums and wondering if the insurance company will be there to pay if a claim does arise. If everybody bails on them, they tank that much faster. Insurance companies do fail and get liquidated from time to time.

LBrown59 · Mar 5, 2009

2manyrocks said:
In Tenn.,
2*I think auto insurance is mandatory and a misdemeanor if you don't have it.
1* OP brings up good question about paying insurance premiums and wondering if the insurance company will be there to pay if a claim does arise.

2*Only if driven on the roads.
1*One of my pet peeves about mandatory insurance .
It forces you to buy insurance but there is no requirement on insurers to pay claims.
The end result is you're forced into purchasing something that don't exists.

Bird · Mar 5, 2009

2manyrocks said:
In Tenn., I think auto insurance is mandatory and a misdemeanor if you don't have it.

OP brings up good question about paying insurance premiums and wondering if the insurance company will be there to pay if a claim does arise. If everybody bails on them, they tank that much faster. Insurance companies do fail and get liquidated from time to time.

I thought all states now had mandatory auto liability insurance. And as you said, it's a misdemeanor to not have it. But of course we'll always have people who violate the law. It's estimated that approximately 25% of the drivers in Texas are violating that law.

deere755 · Mar 7, 2009

We just had a claim on our car that we had only owned for one month. A runaway shopping cart at wal mart hit the side of our car and put a small dent and a few scratches in it. The wind was terrible and it was raining when my wife came out of the store and found the cart. She gave it a quick glance and saw nothing so she came on home. When I pulled in the garage that evening the first thing I saw was the dent. I called the insurance company the next morning and by the next morning an adjuster was looking at it. I had my check the following week and it was fixed the next. About 2 and a half weeks and it was all taken care of. I was with AIG for awhile but now I am with Country insurance and would never consider doing business with anyone else again. We have had 2 claims so far in the last 10 years and Country always gives fast and fair service with our claims. I also like the fact that I deal with an agent and not someone on the phone whom I have never met.