GoFuckYourself.com - Adult Webmaster Forum - View Single Post - My First Lawsuit.... diary of a person fucked over by a monopoly

iwantchixx · 04-06-2005, 02:48 PM

Insurance companies are getting out of hand. Check this out.

Today we get a letter from our home policy holder stating that they no longer cover for sewer backup but if we are willing to pay an extra $1 per year for every $1000 of coverage they will "somewhat" insure it. The company is totally taking us for a ride and we don't know what to do. They REFUSE to give us full rebuild coverage in the event of a fire or whatnot. Their excuse? It's our first home and we have no proof that the home has been updated since it was built in 1946. They want us to provide recips for the new roof, siding, plumping, windows and electrical in order to give us full rebuild coverage. Here's the funny part. The previous owner was insured with them for this home and had full rebuild value. It even states in the policy that all of those things have been updated. Not only that, they have evaluators that are supposed to come check out properties. We also showed them the home inspection report that PROVES the updates were done. For us to get receipts for all the updates is impossible as it was the previous owner's brother who did most of the work. The only receipt she was able to get us was the one for the new roof.
Another thing that pisses me off about them. The agent told us point blank "If your house burns down or your stuff is stolen we will NOT replace anything that cannot be bought at Wal-Mart."
WTF!@#!@$ So if my home theater is stolen? They will only replace with a Wal-Mart special. If my guitar equipment is stolen (which will soon include a custom hand built jtm-45) they won't replace it or pay the value of it. if my computer equipment is stolen they'll replace it with a cheap Wal-Mart clone. It doesn't say it in the policy though but if he's saying it you can bet that's what they'll do.
Changing insurance companies is not something we can really look into neither. Since we are new home owners nobody would cover us and the ones that will will charge us an arm and a leg to get an adjuster to come and check the place out.
So to recap. The fact that they gave full coverage tot he previous owner, having it on file that everything was updated, having me put a fully detailed home inspection report explaining the updates in front of them was all not enough to give us full rebuild value.

Now on to car insurance. Our car insurance company has been pretty good to us except for the first broker who treated me like a child and called me up on my cell telling me I'm acting like a child because they had to wait to get certain documents from young-drivers who happened to be closed on the day they wanted the documents. After all that was dealt with we got a new broker who actually treated us with respect and 4 months after we got the new car and prices went up to 262 a month we got a nice little letter from them informing us that we only have to pay $202 for the rest of the policy period. That's pretty sweet! So I can't really complain too much although $202 a month is still a bit high.
Then there's my GF's friend who was paying $100 a month for her insurance. She moved, called them up and gave them her new address and 10 minutes later they called her back saying that because she moved her premium increased to $179 a month. She moved exactly 1km further away from work than her previous place. Since they base rates heavily on how far you have to drive to work I find that ridiculous to increase it by $79 for ONE extra kilometer. it's especially ridiculous when you factor in that we live roughly 10km away from my GF's work which happens to be the same building that her friend works in.

Moral of the story? insurance companies are NOT there to protect you nor to provide a service to you but only to EXTORT money from you and get away with not being liable nor covering what you are insuring.
Oh, if you have a BBQ on your deck in our municipality?? Don't expect to get full coverage either. ONE... I repeat. OOOONNNNEEEEEEE propane tank caught fire in the city here 3 years ago which happened to be the user's fault and we all have to suffer from it.

So a great big heart felt FUCK YOU to insurance companies for extorting money out of us all and getting away with it.

04-06-2005, 02:48 PM
iwantchixx Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: The Boonies Posts: 12,860	Insurance companies are getting out of hand. Check this out. Today we get a letter from our home policy holder stating that they no longer cover for sewer backup but if we are willing to pay an extra $1 per year for every $1000 of coverage they will "somewhat" insure it. The company is totally taking us for a ride and we don't know what to do. They REFUSE to give us full rebuild coverage in the event of a fire or whatnot. Their excuse? It's our first home and we have no proof that the home has been updated since it was built in 1946. They want us to provide recips for the new roof, siding, plumping, windows and electrical in order to give us full rebuild coverage. Here's the funny part. The previous owner was insured with them for this home and had full rebuild value. It even states in the policy that all of those things have been updated. Not only that, they have evaluators that are supposed to come check out properties. We also showed them the home inspection report that PROVES the updates were done. For us to get receipts for all the updates is impossible as it was the previous owner's brother who did most of the work. The only receipt she was able to get us was the one for the new roof. Another thing that pisses me off about them. The agent told us point blank "If your house burns down or your stuff is stolen we will NOT replace anything that cannot be bought at Wal-Mart." WTF!@#!@$ So if my home theater is stolen? They will only replace with a Wal-Mart special. If my guitar equipment is stolen (which will soon include a custom hand built jtm-45) they won't replace it or pay the value of it. if my computer equipment is stolen they'll replace it with a cheap Wal-Mart clone. It doesn't say it in the policy though but if he's saying it you can bet that's what they'll do. Changing insurance companies is not something we can really look into neither. Since we are new home owners nobody would cover us and the ones that will will charge us an arm and a leg to get an adjuster to come and check the place out. So to recap. The fact that they gave full coverage tot he previous owner, having it on file that everything was updated, having me put a fully detailed home inspection report explaining the updates in front of them was all not enough to give us full rebuild value. Now on to car insurance. Our car insurance company has been pretty good to us except for the first broker who treated me like a child and called me up on my cell telling me I'm acting like a child because they had to wait to get certain documents from young-drivers who happened to be closed on the day they wanted the documents. After all that was dealt with we got a new broker who actually treated us with respect and 4 months after we got the new car and prices went up to 262 a month we got a nice little letter from them informing us that we only have to pay $202 for the rest of the policy period. That's pretty sweet! So I can't really complain too much although $202 a month is still a bit high. Then there's my GF's friend who was paying $100 a month for her insurance. She moved, called them up and gave them her new address and 10 minutes later they called her back saying that because she moved her premium increased to $179 a month. She moved exactly 1km further away from work than her previous place. Since they base rates heavily on how far you have to drive to work I find that ridiculous to increase it by $79 for ONE extra kilometer. it's especially ridiculous when you factor in that we live roughly 10km away from my GF's work which happens to be the same building that her friend works in. Moral of the story? insurance companies are NOT there to protect you nor to provide a service to you but only to EXTORT money from you and get away with not being liable nor covering what you are insuring. Oh, if you have a BBQ on your deck in our municipality?? Don't expect to get full coverage either. ONE... I repeat. OOOONNNNEEEEEEE propane tank caught fire in the city here 3 years ago which happened to be the user's fault and we all have to suffer from it. So a great big heart felt FUCK YOU to insurance companies for extorting money out of us all and getting away with it.