by PalinRome » Mon Jun 30, 2008 07:24 am
Hi ALL..
My sincere thanx goes to Mr. T. Mcintosh for initiating the STATE FARM frauds..& giving me a lot of courage to pull up my views across a pvt. forum!
Some thing must have really gone wrong with the insurance carriers these days & ALLSTATE insurance company is no exception. What I perceive is that- the flood damages are covered under the National Flood Insurance Prog which is supported by the federal govt. & has subsidies in the form of tax-payers.
But when I look at the damages caused during a catastrophic storm, I find that the damages are to be covered by ALLSTATE's home owner policy. What seems so awful is for almost all the flood policies now-a-days, it is the carrier who has the liberty to decide the nature of damages that are to be covered by the NF prog & the ones to be covered under the home owners!
Somehow I've this feeling that its a fraudulent activity & goes beyond any of the consumer protection norms..& it goes quite the same way as I'd empathized with Mr. Mcintosh towards STATE FARM.
Thanx to all of you..
PalinRome
My sincere thanx goes to Mr. T. Mcintosh for initiating the STATE FARM frauds..& giving me a lot of courage to pull up my views across a pvt. forum!
Some thing must have really gone wrong with the insurance carriers these days & ALLSTATE insurance company is no exception. What I perceive is that- the flood damages are covered under the National Flood Insurance Prog which is supported by the federal govt. & has subsidies in the form of tax-payers.
But when I look at the damages caused during a catastrophic storm, I find that the damages are to be covered by ALLSTATE's home owner policy. What seems so awful is for almost all the flood policies now-a-days, it is the carrier who has the liberty to decide the nature of damages that are to be covered by the NF prog & the ones to be covered under the home owners!
Somehow I've this feeling that its a fraudulent activity & goes beyond any of the consumer protection norms..& it goes quite the same way as I'd empathized with Mr. Mcintosh towards STATE FARM.
Thanx to all of you..
PalinRome
Posted: Mon Jun 30, 2008 08:48 am Post Subject:
Allstate complaints are mostly concerned with a wrong estimation of their policy holder's damaged contents. It reminds us of the famous case concerning the Weiss couple. Initially they had presented a list of fishing equipments that got damaged due to flood. It was somewhat worth $38,848.
But once Allstate submitted the list of damages during the legal proceeding, the couple found to their dismay that they values have been altered yielding a total worth of $139,000.
It was amazing to see that the list of damages consisted of items which were fabricated, wherein quite a lot of the items presented by the couple were missing..thats more like fraud..isn't it? I'm quite sure that if we go through the allstate reviews, we'd come across many such instances..
Posted: Mon Jun 30, 2008 09:29 am Post Subject:
Hi,
i was fed up with an Allstate fraud in mid-2006. There is no justification for canceling my house rent insurance even though I had no claims on it for 20 years. I had seen a surprise premium hike for my car insurance devoid of any reason. In a state like Florida if a carrier is not up to the flood & storms...what good can it do to its consumers? I'd believe the same here goes for other biggies eg. State Farm.
Awaiting your feedbacks! GHeidersberger
Posted: Mon Jun 30, 2008 10:13 am Post Subject:
Hi there..I must say..I haven't come across any insurer who'd cover flood through your home policy. It is always up to you whether or not you'd choose to opt for a flood insurance floater. I'd request you to go through your policy clauses to get a clearer view of facts that entail a deductible for your coverage associated with catastrophic storms. This would enable you to see that there is no mention of deductible for the flood damages. Thus, I'd believe that there are uniform rules for all carriers across a state.
KBernsteinbroomer
Posted: Tue Jul 01, 2008 03:45 pm Post Subject:
In 1996 and 1997, Allstate was voted The Most Corrupt Company in America. The same company had never before won that prestigous title two years in a row.
Posted: Wed Jul 02, 2008 01:52 pm Post Subject:
Flood insurance is a program by the United States Federal Gubment.
ONLY the United States Federal Gubment would set up a form of insurance in which it is GUARANTEED the risk and resulting claims will always exceed paid premium.
Private insurance companies DO NOT write Flood Insurance. The reason they don't write Flood Insurance is because you CANNOT reasonably charge enough in premium to cover the billion dollar catastrophic losses that occur almost EACH AND EVERY YEAR.
I'm originally from St. Louis, Mo...the Mississippi River floods all the time.
Some years are just worse than others. If you want to live on or by the river you are going to get flooded.
My two cents, probably only worth a penny.
Posted: Wed Jul 02, 2008 08:04 pm Post Subject:
If you want to live on or by the river you are going to get flooded.
Hey Gary,
To me, that statement is hilarious because I live on a golf course. For the first few years we lived there, I would frequently listen to the gripes and moans of a few of my neighbors who complained about heir houses being occasionally pelted by golf balls.
Stupid!! If you live on a golf course, you'd better just accept the fact that your house is going to get hit from time to time - that's just the way it is.
Posted: Thu Jul 03, 2008 10:43 am Post Subject:
Yeah Mark I agree...it makes you want to scratch your head and gets you so aggravated you could just sandpaper your eyeballs in disbelief as to why common sense is so UN-common in these United States of America.
:idea: I've got an idea......let's build a levee made out of dirt to hold back the water so when the levee breaks the rush of water will make the flood even worst than if the levee was never build!
Below is a pic of where not to live:
Does anyone notice how the water is higher than the ground? :shock:
That tells you the ground SHOULD be a lake not an island. But I'm not an Engineer...I'm just saying.... :roll:
Posted: Fri Jul 25, 2008 04:53 am Post Subject:
Gary,
What would make someone who drives trains more of an expert than you?
That Illustration is Awesome! I think I could park my RV on top of point A and still be safe.
Posted: Sat Jul 26, 2008 11:07 am Post Subject:
What would make someone who drives trains more of an expert than you?
I don't know, depends on what we're expertly opining 'bout.
When it comes to common sense most experts don't have any.
I agree that your RV may be safe if parked on top of point A. However, an RV isn't very aerodynamic and a good gust of wind may blow it off point "A" and into the abyss known as N'awlins.
Then the Gubment would have to print more bail out money and you could sue the RV maker for not providing a WARNING label about parking on point "A" in strong winds. Then Congress would hold hearings on the danger of parking RVs on point "A" and pass more useless laws for the protection of the children.
There's nothing quite like a good law to protect the children from a looming crisis and only words on a piece of paper can protect them.
Then clueless Katie gets on the tube and reports...The RV maker knew or should have known it was dangerous for people to park their RVs on point "A" and did nothing to alert the public!
Those bass towards!
Posted: Wed Jul 30, 2008 06:21 pm Post Subject:
That is too funny...
Maybe the engineers driving the trains could pull it off...
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