Rating the Insurers

Truth955 05:55:12 PM Jun 09 2008

I have just been caught up in the Hartford, AARP Insurance trap.
My auto premium has increased 32% in one year, no accidents, no citations, no claims against any insurer for approximately 30 years.

LET THE BUYER BEWARE.
lt34jake

Erikaduh 06:18:43 AM Apr 01 2008

I have one for you if home values in most areas have dropped so much, then where is my refund on my home owners insurance because of the difference in structure value?

Erikaduh 06:09:26 AM Apr 01 2008

The rating system for insurers is just for financial stability. It does not corolate at all to getting paid when a claim is filed. Trust me the highest rated companies are the ones making the most money and paying the least claims without playing the industry games. You never hear any commercial from any of these crooks about how fast they pay or how accurate the amount they owe claiments is paid on average. How about the percent of lawsuits that had to be taken against a company to settle claims, you won't see this in any of their fancy adds.

Erikaduh 06:03:42 AM Apr 01 2008

Oh by the way the Hartford is indorsed by .triple A company which gets a kick back from any business they write I'm sure. The Hartford is all so what experts in the insurance field like myself like to call a BAD FAITH INSURER that should be avoided at all cost. Unless of course you don't need your claim paid after years of paying premiums. You can look up these companies rating from consumers, not the industry crownies at badfaithinsurers.com. Triple A lately has taken profit over common sense when it comes to who they endorse, so has AARP from what I have seen. These big insurance companies have come in and greased all the executives palms and while they get fat you go broke.

Erikaduh 05:54:56 AM Apr 01 2008

I got news for you lady it isn't just your insurance company. These companies muscle everyone and they can because of the enormous amounts of money and political power they have in Washington. I have four different insurance companies that currently owe me large sums of money on various claims and not a one of them wants to pay me what is owed. If you think becaused you have insurance your in good hands, then you will be vary disappointed when you file that big claim that statistics show every American will have somewhere in their lifetime. It might be a flood, fire, theft, auto accident, business liability, general liabilty, healthcare, or a list a mile long that happens to you or your family,but it will happen and when it does expect to be cheated, lied to and told" thats not covered" til your blue in the face.

DadOttav 08:57:26 PM Mar 17 2008

I think The Hartford Company is way over rated and takes advantage of senior citizens . They have a habit of raising auto rates almost yearly. Whether you have a claim or not it does not make a difference they normally go for increases in the 20 to 25% range.