Article View: ca.general
Article #22264Auto Insurance
From: Scott Hopson
Date: Fri, 03 Jul 1992 20:15
Date: Fri, 03 Jul 1992 20:15
31 lines
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2032 bytes
Watch out for those "non-admitted" auto insurance carriers!!!! I purchased a policy from an agent which told me that non-admitted insurers were required to supply a bond of several million dollars to cover any claims or policies issued should the carrier decide to leave the state. I later called the State of California Insurance Commission which told me that the agent had lied to me. The Insurance Commission said they would supply me with an official written statement which declares the agent's statement untrue. I know I should have called the State first but that's hind sight. Basically if it sounds to good to be true, it's not. The State even said that they had not heard of this particular carrier before they said that this happens all of the time. If anyone has any additional info please post it. I'll let you know the outcome of my case, whether I need to go to small claims or not. The State said with their letter as proof that the agent was wrong should help me to win back any loses. Fortunately I paid the first premium with an AMEX card, they are investigating it on their own and will not make me pay the charges (if any) until after the case is settled. I'm sticking with Auto Club now. It costs more but If I get in an accident I know they will pay the claim. -- Scott Hopson (scotth@filenet.com) "C is not a block-structured language in the sense of PL/1 or Algol -- K&R 4.8"
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,9f7bef9d3a7112c1,start X-Google-Attributes: gid106ed4,public X-Google-ArrivalTime: 1992-07-03 10:13:46 PST Path: arc1-ca.pugleaf.net!sparky!uunet!usc!elroy.jpl.nasa.gov!ames!agate!ucbvax!hplabs!felix!fritz!scotth From: scotth@felix.filenet.com (Scott Hopson) Newsgroups: ca.general Subject: Auto Insurance Keywords: Insurance RipOff Beware Message-ID: <18697@fritz.filenet.com> Date: 3 Jul 92 20:15:55 GMT Reply-To: scotth@fritz.filenet.com (Scott Hopson) Distribution: ca Organization: FileNet Corp., Costa Mesa, CA Lines: 30