All those ads trying to wheedle, cajole, convince and otherwise get drivers to switch car insurers add up to billions of dollars for insurance companies. But a new study says that even with all that financial heft, fewer drivers are deciding to take the plunge and go elsewhere. That sound you hear is money sliding down the drain. [More]
Driving safely and avoiding accidents isn’t just common sense — injuries hurt, car wrecks are bad — but also a way to make sure drivers keep their auto insurance premiums down. But according to figures released by a consumer group recently, insurance companies are in the habit of charging higher premium to safe, low- or moderate-income drivers than to richer people who were at fault for an accident. [More]
Just a few weeks ago, Consumerist reader Ben went to close on his new home, complete with documentation from State Farm saying he had a homeowner’s insurance policy for the property. Then the other day, he gets a call from the insurer telling him, sorry, he’s not actually covered because his previous apartment had been robbed a couple years earlier while he had a State Farm renter’s policy. [More]
Sean hit a deer with his car a few weeks ago. We believe him, but his insurer, State Farm, doesn’t. It’s not like the deer, which disappeared into the woods, is going to stop by his agent’s office and testify. So they were going to use his collision coverage, which would result in an increase in his premiums or even cancellation for daring to use the comprehensive policy that he was paying for. But Sean is a lawyer, and he fought back. [More]
It’s still a little early to start talking about turkey fryer safety. There’s still a week before most families’ birds even come out of the freezer. But this is no ordinary video: most frying guides don’t feature William Shatner being consumed by a massive computer-generated fireball.
A judge in Texas has sided with the Lone Star State’s insurance commissioner, upholding an order for State Farm Insurance to pay out $350 million to over one million overcharged customers. [More]
As if the mass of class-action lawsuits against Toyota weren’t enough for the Japanese car maker, it now faces an immediate challenge from another side — the insurance companies. State Farm announced over the weekend that they want Toyota to reimburse them for claims they’ve had to pay out for incidents related to sudden unintended acceleration. [More]
State Farm is powerless to stop its representatives from filling up your mailbox with unwanted solicitations! Terry has contacted one of the agents listed in the 16 mailings he’s received over the past month and was told, “Sorry, it’s from corporate.” He then lodged a complaint with the corporate office and received a response from their “Internet Support Representative” who basically told him he’s out of luck. We’re not sure what State Farm’s sales strategy is here; maybe they’re just betting on wearing him down through sheer volume?
State Farm: This 1963 Chrysler Newport Is Not An Antique, Unless You Give It A Fresh Coat Of Paint. What?
Humphrmi’s 1963 Chrysler Newport has antique license plates, meaning he can’t drive to or from anywhere other than car shows, shops and parades; but State Farm won’t insure the car as an antique unless it gets a new coat of paint. “You have to paint the car,” they said, to avoid a 33% higher premium. Does this strike anyone else as insane?
State Farm customers get to file their taxes for free with Turbo Tax. [State Farm]
AppleCare’s iPhone coverage is limited to hardware issues and technical support; if you drop your iPhone on the sidewalk, you may be out $600, unless you have insurance against accidental damage and theft.
Angie Duckworth is suing Choicepoint and State Farm for $75,000+ for reporting her as being in an accident she wasn’t in, and messing up her credit report.
Order of events:
Spotted this at the often quite good I Will Teach You To Be Rich blog.
State Farm is convinced that Rick was involved in a hit and run in San Francisco in July, even though he was out of town all that month and it seems they don’t even have the right license plate. Just to be sure, they stopped by Rick’s house to take photos of his car, a feat in and of itself as they intially demanded he bring it to their offices himself.