State Farm ripoff Beware Changed my policies without consent lost my declared vaule! Duluth Georgia
Our 1970 Bel Air was totaled State Farm conveniently lost the declared vaule we had on her. Bel was a member of our family for 8 yrs. State Farm switched drivers on our cars I drive a 1976 Chey Nova Concours my baby of 23 years. State Farm switched me & my husbands birthdates. Raised the deductable on the house, we found out after the hail damage. Changed the policy on the Nova to just liability. Agent caught that. I find these things out when I file a claim. All mistakes are in State Farms favor. I changed agents once being told they where responsible, I now know it is coming from regional office Johns Creek In Duluth Ga. Which is condensending to me says problems are fixed yet are not. Kent Bowers Is a bad man boss Lamar Cannon sticks by him. HQ in Bloomington Ill. Ted Loy won't address problems. I'm leaving for AARP or Amica. Looking to go to sleep & wake up with the same policy I started with. Classic car owners Beware. State farm says they are a paperless office your file only exisits on a unreliable computer with a 2 yr old at controls.
Alice
Buford, Georgia
U.S.A.
1 Updates & Rebuttals
Mark
Trinity,Florida,
U.S.A.
Declared Value
#2Consumer Suggestion
Sun, August 06, 2006
Declared value is a misnomer. Declared value means only that the company can pay up to that value, it's still an actual cash value policy. Say you declare a value at $30,000.00, if the value of your vehicle is ony $20,000.00 that's what the company owes you. On the other hand, if you declare a value of $30,000.00 and the value is $40,000.00 then all they owe you is $30,000.
It is very important to have your classic car appraied by a qualified appraiser that is schooled in classic cars. I don't know the particular practice of this company in changing policies, but hope this helps you understand that you were probably paid that real value of your vehicle.