insurance companies dont want my money

[kootch88]

Just tell them you kid is going to move into the place and live. Man i HATE insurance companies. They take and take and then try never to pay a cent when you make a claim. I just did the round robin thing with my agent over a claim. First one in 16 years.

How would they know that no one is living there??

Not a good diea to play the deception game as insurance is a contract between you and the insurer, and being dishonest is reason enough to void a contract, just like any other contract.

The reason for the difficulties with camps is the higher loss ratios, but most insurers who hold the primary home will accept a camp as well. Were they insured by the same company as your primary home?

As far as terminations go, insurers can not cancel you over a single claim unless they inspected and found other deficiencies, or it was a dog bite case and you refused to put the dog down or get rid of it.

. I would go to your state's wib site and file a complaint if they are trying to cancel you for one claim and there are no other issues. I have a policyholder who has been with my company for 30 years and this Spring he had a water damage claim. When the house was inspected the roof was found to be in terrible condition, so they sent a termination letter out. The roof was replaced prior to the termination date so coverage was continued.

Call your agent, this is the reason you give him money. Make him do his job, unless you have a 1-800 insurance agent.

 

[greasemonkeyok]

Heed Kootch88's warning. Think about it, if you lie on your application for insurance, they will take your premiums cause they don't care at that point. Then, if you have a claim, they will look at your application and say "you lied about xxx, so we are denying coverage." Its a "win/win" for the insurance company. You might as well not pay the premiums if you lie because you aren't really going to have coverage.

 

[cdaigle430]

Not a good diea to play the deception game as insurance is a contract between you and the insurer, and being dishonest is reason enough to void a contract, just like any other contract.

The reason for the difficulties with camps is the higher loss ratios, but most insurers who hold the primary home will accept a camp as well. Were they insured by the same company as your primary home?

As far as terminations go, insurers can not cancel you over a single claim unless they inspected and found other deficiencies, or it was a dog bite case and you refused to put the dog down or get rid of it.

. I would go to your state's wib site and file a complaint if they are trying to cancel you for one claim and there are no other issues. I have a policyholder who has been with my company for 30 years and this Spring he had a water damage claim. When the house was inspected the roof was found to be in terrible condition, so they sent a termination letter out. The roof was replaced prior to the termination date so coverage was continued.

Call your agent, this is the reason you give him money. Make him do his job, unless you have a 1-800 insurance agent.

LOL, your telling people to be honest with perhaps the most dishonest, corrupt, scrupulouse(spelling), mafia run orginazation in the country? Insurance companies are the biggest scam in the world today and they need to go away. No offense to you but I hate insurance companies-all of them.

One primary example of many, many-and, this is a fact. I have a friend in Florida whose house was hit by a huricane. She had this insurance company for 20 years and never made a claim till then. The house is not located anywhere near a flood zone but the wind took out part of her roof. As a result the rain damaged and destroyed just about everything in that part of her home.
The insurance company had the audacity to deny 90% of her claim meaning they would only cover the roof repair. The water damage was not covered because it was considered damage due to flooding.

Thats just one example of may-I have my own personal experience with my home owners and auto insurance. Dont get me started on health insurance either. How can a corparation decide that a person should die because they were too old for healthcare and so on?

 

[kootch88]

Heed Kootch88's warning. Think about it, if you lie on your application for insurance, they will take your premiums cause they don't care at that point. Then, if you have a claim, they will look at your application and say "you lied about xxx, so we are denying coverage." Its a "win/win" for the insurance company. You might as well not pay the premiums if you lie because you aren't really going to have coverage.

I'd seriously file a complaint with the insurance commission on the termination. They may have no grounds at all. And greasemonkey is right, why give an insurer money if you know you lied and will not get a payout if you have a claim? It is a waste of money. Unfortunately people are far less than tyruthful all the time regarding insurance, thinking they will have coverage. What they forget is most of the time if a claim is filed details about the property prior to the claim will surface.

By the way, insurance is one of the most regulated industries in the nation, so the claims about mafia and other anecdotal claims about denials are bull in most cases.

 

[jinman]

LOL, your telling people to be honest with perhaps the most dishonest, corrupt, scrupulouse(spelling), mafia run orginazation in the country? Insurance companies are the biggest scam in the world today and they need to go away. No offense to you but I hate insurance companies-all of them.

I think your opinion of insurance companies is skewed. I had a loss last year because a pipe broke in my wall and my basement game room flooded. My insurance company did everything I asked and even included additional funds to cover unseen problems. When I told them I'd like to add a room, they had no problem with me rolling the payments into that and doing the addition at the same time as the repair. I pay lots for insurance, but they never blinked. I gave them good honest info and they rewarded with great service. I obviously do not share your opinion of all companies. I don't like paying huge premiums, but I sure want insurance when I need it.:thumbsup:

 

[greasemonkeyok]

cdaigle430, you are affirming what I was saying. As long as the money is flowing their direction, insurance companies love you. The minute you have a claim, the first thing the adjuster does is look for some reason to deny coverage. The second thing the adjuster does is try to wear you down, and take advantage of your stressed state of mind, and your stressed financial condition.

This observation is not made out of personal experience with my own claims (mainly because I have had very few claims in 40 years, and all of those were small), but is made out of personal observation of the claims processes of close friends on multiple occasions. I live in tornado alley and see a pattern. The bigger the claim, i.e., seven figures, the more they dig for reasons to avoid paying.

Jinman, I would suggest your experiences are likely to be different if you have a large claim. I don't think that insurgence companies are criminals, just highly skilled at taking advantage of you when you are stressed.

 

[kootch88]

cdaigle430, you are affirming what I was saying. As long as the money is flowing their direction, insurance companies love you. The minute you have a claim, the first thing the adjuster does is look for some reason to deny coverage. The second thing the adjuster does is try to wear you down, and take advantage of your stressed state of mind, and your stressed financial condition.

This observation is not made out of personal experience with my own claims (mainly because I have had very few claims in 40 years, and all of those were small), but is made out of personal observation of the claims processes of close friends on multiple occasions. The bigger the claim, i.e., seven figures, the more they dig for reasons to avoid paying.

Sorry Greasemonkey, just not true, period. Everything you just said is flatly false. The wearing down, avoidance of claims is just wrong. Check JD power satisfaction surveys, BBB surveys as an example of independent folks who monitor these things.

Now, can I point to times where my own company has screwed up royaly? Absolutely!! Heck I've screwed up myself when I was handling claims, but the motivation you state had nothing to do with any of that. Almost every claim i ever had went smooth as can be, and I handled complex bodilty injury claims. Maybe your friends are crooked or want something for nothing??? In those cases yeah, the insurer will be a pain in the neck.

 

[greasemonkeyok]

The difference between your perspective, Kootch88, and mine is that I don't have a dog in the fight. I don't work for insurance companies, never have, and have not had a bad experience with one BECAUSE all of my claims have been minor.

Yes, insurance fraud is a problem, and there are lots of folks who take advantage of insurance companies. Particularly crooked lawyers and crooked doctors acting as so-called experts. But my observations are grounded on observations of claims by honest, but unsophisticated, friends who mistakenly thought the adjuster was their friend. And I understand why you would want to perpetuate that myth.

I challenge you to show us your claims evaluation form just to see if one of the first questions is: Is there any basis for denying coverage? Oh I know, that form is probably a privileged business secret or confidential information.

 

[murphy1244]

BBB surveys as an example of independent folks????

Triple B is a worthless business ran company, I would NOT trust a rating from them as they are bought not earned.

 

[kootch88]

The difference between your perspective, Kootch88, and mine is that I don't have a dog in the fight. I don't work for insurance companies, never have, and have not had a bad experience with one BECAUSE all of my claims have been minor.

Yes, insurance fraud is a problem, and there are lots of folks who take advantage of insurance companies. Particularly crooked lawyers and crooked doctors acting as so-called experts. But my observations are grounded on observations of claims by honest, but unsophisticated, friends who mistakenly thought the adjuster was their friend. And I understand why you would want to perpetuate that myth.

I challenge you to show us your claims evaluation form just to see if one of the first questions is: Is there any basis for denying coverage? Oh I know, that form is probably a privileged business secret or confidential information.

I never once had a claims evaluation form, so you can't see it. I had employee evaluations however and those in general dealt with knowledge, customer complaints and ability to work with the rest of the claims folks.

Look, if insurers are so bad, why don't you and others post a bond and avoid the insureres??? I am sick of people trashingf us for unsubstatntaied claims. And the fraud is a problem, particuarly with injury claims, and yeah, it is the crooked folks who make it a problem, but an easy way to evaluate these things is exactly as I suggested before, or better yet, take a look at the blue sheets if you live in Texas where every suit is listed along with the outcomes.

Just get your facts straight because so far all you have done is trash the industry with Bull. You and I have gone round and round on this in the past, and I can't defend all the actions of insurers or agents, just like I can't defend any other industry. There are too many screwups to do that, but in general, the adjusters try to get the darned claim off their desk as fast as possible because they are buried in work.