State Farm starting to act 'like a good neighbor'

What took 'em so long?

from JoeUser Forums

See news article here: From MSNBC/AP State Farm settles hundreds of Katrina lawsuits, Mass settlement in Mississippi the first of its kind in the '05 disaster

My question to State Farm is WHAT THE FRACKIN'   H E L L  took you so  d @ m n e d  long?!

I've never believed, at least not since State Farm dropped me as a customer of their automotive insurance a long time back, that State Farm was a company that could really stand behind their "like a good neighbor, State Farm is there" motto.  Their actions and treatment of victims of Katrina further confirmed my suspicions.  Now that they've lost in court and been shown the light, now they are finally bellying up to the bar and settling the lawsuits and doing the right thing to help get these victims back to where they were before Katrina hit 'em with the first punch and they came along and landed the second half of the one-two combo on 'em.

Like a good neighbor?  heh.  Ha!  and  double HA!

943 views 5 replies
Reply #1 from JoeUser Forums Top

With the greatest of apologies to a few friends and acquaintances in the insurance biz,  I really, really, really despise insurance companies.  They're fine until you file a claim, then it's all about the technicalities and how they can avoid paying you anything.  State Farm seems to be one of the best at it, and this time they were caught red-handed at it.

I'm glad that the earlier court nailed 'em for it, and even more happy to see that they seemed to have learned a bit of a lesson.  It just took 'em far too long.

I hope the victims, or the families of the victims that were ripped off and made to wait for this settlement are able to use the money to rebuild and/or get more normalcy back into their lives.

Reply #2 from JoeUser Forums Top
No, State Farm's bad even if you DON'T file a claim.

I was in an accident...other guy's fault some years back, we mutually agreed not to file insurance despite some significant (probably a couple thou) damage to my van. My reasoning was what I was raised with; that you don't file a claim because you don't want it going against your record.

well...

two years later, minor fender bender...a skid on the ice. $600 damage. Nobody was around, I left a note. State Farm paid the claim but sent me a note stating that because I had had TWO accidents in the last three years, they would drop my claim if there was another. I never filed a claim, but it still went against me.

I should have filed the claim and gotten the cash as well. I would have, if I would have known.
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Reply #3 from JoeUser Forums Top
my dad has always called insurance scams, i mean, companies legaized mafias....I agree with him. Espcially now that it is law that you have insurance.
Reply #4 from JoeUser Forums Top

Gideon MacLeish said:

two years later, minor fender bender...a skid on the ice. $600 damage. Nobody was around, I left a note. State Farm paid the claim but sent me a note stating that because I had had TWO accidents in the last three years, they would drop my claim if there was another. I never filed a claim, but it still went against me.

I should have filed the claim and gotten the cash as well. I would have, if I would have known.

Gid - it sounds a bit as if someone else filed a claim from the first accident.  Possibly the other driver decided to file a claim that the insurance company never contacted you about.  That happens occassionally, especially if both drivers agree not to file, etc., and then one starts thinking that he/she can claim the other driver was at fault and then get their repairs done for free.

Either way, I do agree with the sentiment of myself and others above that is echoed in MythicalMino's comments here:

my dad has always called insurance scams, i mean, companies legaized mafias....I agree with him. Espcially now that it is law that you have insurance.

Yup, it's a legalized scam, or should I say legalized gambling.  You're betting that you'll eventually hit the jackpot by getting paid back some of the money you paid the insurance company to cover any losses that might be incurred.  If you don't ever need the insurance, the insurance company wins just like the house wins when you go to a casino.  Just like the people that run numbers win, just like ....  nevermind, you get the idea.

I know some people that work for the insurance industry and I love 'em (the individuals) to death for their help and assistance and great personality and helpfulness, but I still despise the industry they work for.  It's nothing but an excuse to pay for service you'll hopefully never need.

 

What's worse is that Social Security started out as an insurance plan, and has eventually become a behemoth that is going to consume the budget in coming years.  But that is a rant for other days (and has been discussed by yours truly in the past, likely in the future, etc.)

Reply #5 from JoeUser Forums Top
Gid - it sounds a bit as if someone else filed a claim from the first accident. Possibly the other driver decided to file a claim that the insurance company never contacted you about. That happens occassionally, especially if both drivers agree not to file, etc., and then one starts thinking that he/she can claim the other driver was at fault and then get their repairs done for free.


No, I checked that out. The other driver never filed. But because it had been reported (NO tickets issued, either), State Farm counted it against me.