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Here’s a link detailing my own nightmare experience with Allstate.
Things aren't going to improve anytime soon unless we actually force insurance companies to pay out legitimate claims.
Right now, they just bulldoze through everything, ignoring the law whenever it suits them. I guess Congress needs to step in and pass some real legislation regarding this. For instance, if you sue an insurer and win because they were clearly in the wrong, they should be hit with punitive damages—maybe even 100 times the original claim. Business ethics in the American insurance industry are basically non-existent; most of these companies are just predatory.
It’s true; I heard the rumors too, and now I can confirm them firsthand. The damage itself isn't massive—it's an old car, so it’s not a huge financial hit—but what really gets under my skin is their sheer refusal to take responsibility. They’re trying to make a fool out of me. I took a hit to the front bumper, there’s paint chipping on the fender where it meets the bumper (not much, but it's there), two-thirds of a headlight bracket cracked (it was already broken and patched with plastic, but still), and some scratches at the leading edge of the hood.
All of this is documented and photographed, yet their insurance adjusters from Chicago decided everything was pre-existing and claimed only the bumper was damaged in the collision.
I sent several emails, demanding a new assessment. I even insisted that the adjuster be physically present during the disassembly, whether at a dealership or a local shop. I'm not backing down even one percent. All they do is send canned responses: "We don't accept appeals," "Our multi-person committee has determined the initial estimate is valid," blah, blah, blah.
As if their "perfect" photos weren't enough, the odometer readings they used for the assessment show roughly 81 miles less than what's actually on the dash. And we aren't talking about one little typo; the numbers are consistently off.
In short, just hope you don't get screwed over somewhere, because apparently, you will.
The lesson here is that you can't play fair with bottom-feeders. I've learned my lesson for the future: always assume everyone is looking for a way to cheat you.
Megan Williams9 said:Highly recommend using Bankrate !! They tracked down the absolute best auto insurance rates for us.
Right now, the cheapest option is State Farm (which is part of the GEICO group).
They’re coming in at $400 less than $167the other guys
—can you believe that?--
Just figured I'd share... might help someone out.
Maybe State Farm has the highest premiums, but when it comes to paying out claims, they're absolute garbage.
I've been fighting them for 12 months straight, and they refuse to acknowledge the full extent of the damage caused by their policyholder. Everything seemed perfectly fine during the initial photo inspection, but once it came time to pay up, they suddenly stopped being so helpful.
Total bottom-feeders...
And while I have everyone's attention—is it standard practice for insurance companies to handle all assessments at the corporate headquarters based solely on photos sent from a local branch, or is that just how they operate?
wearysurfer78 said:So, let me guess—you aren't even a member of an OMF yourself?
Well, look at that—I actually specified "yours" and "ours" right down there.
Honestly, you’d be better off grilling these funds about where they actually dump your cash—specifically why the returns look pathetic compared to what you’d get from a basic high-yield savings account. Just to make my point clearer: pension funds basically act as a cleanup crew for big banks. Whenever a major institution hits a rough patch, these funds step in to bail them out by buying up their distressed stocks or bonds using our money. It allows the banks to exit risky positions without taking a single hit to their bottom line.
People are just walking around blissfully unaware, while over the last few years, there’s been a massive, systematic heist targeting everyone contributing to these pension funds. By the time you realize what happened, it'll be too late because your retirement checks will be tiny. And all this happens just so guys like Smith and his cronies can keep handing out massive bonuses for "excellent performance."