Complaint Review: Allstate Insurance Company - Mesa Arizona

This is where the insurance companies take advantage of consumers --- consumers fail to education themselves about the various companies and how they actually work. For example, check the numbers of what the World Trade Center is going to cost in premiums. It's a huge number, almost uncomprehensible. But you know what, even after paying out the billions in claims, it will effect less than 1% of the insurance reserves. Think about that the next time your insurance company raises your premiums or low balls your claim. State Farm, Allstate and Farmers, in that order, are the worse. Those who regularly deal with them (in the legal business) refer to State Farm as Snake Farm because of their deceptive practices, lies and stalling in payment of premiums to consumers. It would do prospective customers good to check and learn how insurance companies handle claims when shopping for a carrier. Check your local courthouse and see how many lawsuit are filed against an insured due to the negligent insurance carrier. The low ball legitimate claims, make claimants go through ridiculous hoops to collect and often stall, stall, stall. Then they will tell you about their excellent record. Most work with a computer program (the name eludes me right now) into which they feed certain pieces of information and it spits out what the claim is worth. Never mind the variables, if the program says the claim is worth a certain dollar amount that is all they will offer. A client, with no prior physical limitations or conditions, incurred approximately $15,000 in medicals including back surgery, but the insurance company said the claim was worth $1,000. The jury awarded almost $50,000 and I honestly believe half of that was because they were pissed off at the insurance company. The second area of education is how premiums are figured. When your insurance company tells you about excessive claims they have paid, etc. that is pure garbage. Insurance companies raise premiums because they have taken hits in the stock market. They take your premium and invest it in the market. If you were to do a side-by-side comparison of premium rise and fall compared to stock market rise and fall you will see that when the stock market falls premiums increase. They are not raising your premiums because of anything other than their investments to the tune of billions. Insurance companies are one of the single most weathiest businesses in existance. They have more money in their reserves than you can ever imagine and they feed the American public a pack of lies we swallow and believe to keep that money. They know litigation is expensive and evasive and most people will take what they offer and go away. They are banking on it. Educate yourself about how the insurance industry works and how your own carrier conducts business. At least do yourself a favor and level the playing field.

This is where the insurance companies take advantage of consumers --- consumers fail to education themselves about the various companies and how they actually work. For example, check the numbers of what the World Trade Center is going to cost in premiums. It's a huge number, almost uncomprehensible. But you know what, even after paying out the billions in claims, it will effect less than 1% of the insurance reserves. Think about that the next time your insurance company raises your premiums or low balls your claim. State Farm, Allstate and Farmers, in that order, are the worse. Those who regularly deal with them (in the legal business) refer to State Farm as Snake Farm because of their deceptive practices, lies and stalling in payment of premiums to consumers. It would do prospective customers good to check and learn how insurance companies handle claims when shopping for a carrier. Check your local courthouse and see how many lawsuit are filed against an insured due to the negligent insurance carrier. The low ball legitimate claims, make claimants go through ridiculous hoops to collect and often stall, stall, stall. Then they will tell you about their excellent record. Most work with a computer program (the name eludes me right now) into which they feed certain pieces of information and it spits out what the claim is worth. Never mind the variables, if the program says the claim is worth a certain dollar amount that is all they will offer. A client, with no prior physical limitations or conditions, incurred approximately $15,000 in medicals including back surgery, but the insurance company said the claim was worth $1,000. The jury awarded almost $50,000 and I honestly believe half of that was because they were pissed off at the insurance company. The second area of education is how premiums are figured. When your insurance company tells you about excessive claims they have paid, etc. that is pure garbage. Insurance companies raise premiums because they have taken hits in the stock market. They take your premium and invest it in the market. If you were to do a side-by-side comparison of premium rise and fall compared to stock market rise and fall you will see that when the stock market falls premiums increase. They are not raising your premiums because of anything other than their investments to the tune of billions. Insurance companies are one of the single most weathiest businesses in existance. They have more money in their reserves than you can ever imagine and they feed the American public a pack of lies we swallow and believe to keep that money. They know litigation is expensive and evasive and most people will take what they offer and go away. They are banking on it. Educate yourself about how the insurance industry works and how your own carrier conducts business. At least do yourself a favor and level the playing field.

This is where the insurance companies take advantage of consumers --- consumers fail to education themselves about the various companies and how they actually work. For example, check the numbers of what the World Trade Center is going to cost in premiums. It's a huge number, almost uncomprehensible. But you know what, even after paying out the billions in claims, it will effect less than 1% of the insurance reserves. Think about that the next time your insurance company raises your premiums or low balls your claim. State Farm, Allstate and Farmers, in that order, are the worse. Those who regularly deal with them (in the legal business) refer to State Farm as Snake Farm because of their deceptive practices, lies and stalling in payment of premiums to consumers. It would do prospective customers good to check and learn how insurance companies handle claims when shopping for a carrier. Check your local courthouse and see how many lawsuit are filed against an insured due to the negligent insurance carrier. The low ball legitimate claims, make claimants go through ridiculous hoops to collect and often stall, stall, stall. Then they will tell you about their excellent record. Most work with a computer program (the name eludes me right now) into which they feed certain pieces of information and it spits out what the claim is worth. Never mind the variables, if the program says the claim is worth a certain dollar amount that is all they will offer. A client, with no prior physical limitations or conditions, incurred approximately $15,000 in medicals including back surgery, but the insurance company said the claim was worth $1,000. The jury awarded almost $50,000 and I honestly believe half of that was because they were pissed off at the insurance company. The second area of education is how premiums are figured. When your insurance company tells you about excessive claims they have paid, etc. that is pure garbage. Insurance companies raise premiums because they have taken hits in the stock market. They take your premium and invest it in the market. If you were to do a side-by-side comparison of premium rise and fall compared to stock market rise and fall you will see that when the stock market falls premiums increase. They are not raising your premiums because of anything other than their investments to the tune of billions. Insurance companies are one of the single most weathiest businesses in existance. They have more money in their reserves than you can ever imagine and they feed the American public a pack of lies we swallow and believe to keep that money. They know litigation is expensive and evasive and most people will take what they offer and go away. They are banking on it. Educate yourself about how the insurance industry works and how your own carrier conducts business. At least do yourself a favor and level the playing field.

To the poor soul who was penalized for a "no-fault" accident by Allstate, listen to my experience with Allstate in Tucson. I was a policy holder. Due to lengthy unemployment because of the economy, I had to file bankruptcy. Somehow, Allstate learned of it, and automatically my 6 month liability insurance premiums shot up three times its normal amount merely because of the bankruptcy. Of course I protested, and was told their "experts" research reports that a bankrupted person is, in effect, a deadbeat and therefore a severe driving risk. That is why they justified charging me as if I had had a big auto accident, and apparently the State of Arizona, who has no kind of real consumer protection, allows them to get away with murder. I said it was BS, the whole thing contrived to gouge more money from its policyholders, and cancelled my insurance after finding a better insurance company (GEICO) who do not use criteria such as a bankruptcy. OH, by the way, I have not had any accident nor ticket nor insurance claim since 1968, so anyone can see it is clear Allstate is a greedy bunch of pigs!