Insurance problems

July 13, 2014 by
Filed under: House, Rants 

Having only lived in the states for about 3 years after living overseas for almost 25 years, I wasn’t sure about homeowner’s insurance and also car insurance. Farmers insurance was recommended so I went with them. Now three years later, I have decided that I made a mistake.

The first problem came last April when I got the renewal for my auto coverage., Since starting, it has gone up over $100 every six months.Why? Well, according to the agent, Colorado has one of the highest rates due to all the problems with hail, fires and such. Yet I never made a claim. I got the impression that I was paying for others problems and also to keep the profits up for the shareholders. Yes, farmers is a traded company and as such, must keep the shareholders happy at the expense of the customers. I started calling around and found out that I was paying one of the highest rates for auto insurance. So I switched to another company and the cost was about half of what Farmers wanted. I dropped them, and went with another company.,

So now the second problem has come up. Yesterday I got a bill from Farmers for another $175 on my home insurance. The reason on the bill was “fire insurance”. I did a bit of checking online, and found out that that wasn’t the case, but was an increase due to dropping the auto insurance. Before I found this out though I had written to my agent to see what in the heck was going on. Got the same song and dance about all the claims due to fires, hail and floods. Still no claims from me, so I didn’t understand. I let it go and started looking around this morning and got the real story.

Let me just say that as far as I’m concerned, Farmers is a ripoff. Their fancy commercials don’t tell the real story.  They’ll keep taking your money and jack up your rates without blinking an eye. Personally, I’ll tell it as I see it. Oh, and did I mention that in three years I’ve had 4 different agents? One quit, one got promoted, offices were combined, and now? Who knows. I’m just not going to be part of it anymore.

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