----[Please read http://ercoupers.com/disclaimer.htm before following any advice in this forum.]---- George, it is always the little guy that gets it in Cal. The insurance broker was bonded the bond money went to State Farm Insurance,. he had no priors. We was not a happy camper. The insurance commissioner was in on it and that is why he went to prison. however several of us took a bath. He was a accountant on top of it and the money that was intrusted to him to deposit for the quarterly returns for the IRS was never deposited. it was one real big mess here for months. He had been in business here licensed by the state for over 20 years was a class mate and graduated from high school here with my husband.
The Feds. wanted their money, State Farm Wanted theirs and the little guy got the shaft. Our mechanic was caught in the IRS deal and he had to cough up more money. I guess it makes no difference in Calif. bond or no bond he was a crook. got 3 years out of it and kept the money no restitution was set down in court. Audean G/F Alon S/N149 wrote: > > You best method of dealing with ANY insurance company, whether it be home, > car, airplane, etc. is to check in your state. That is why you elect an > INSURANCE COMMISIONER! If the company has a record of complaints, the > INSURANCE COMMISSIONER has the right to bar them from doing business in your > state. In most cases, this is the VERY LAST thing an insurance company > wants. > Call your Insurance Commissioner and ask, "How long has this company been > doing business in our state? (Remember he wants your vote!) Then ask if > there have been any complaints filed against the company. Then ask what the > insurance company's assets vs liabilities are in case you have a claim. > (debt/asset ratio) They may even send you a copy of their financial > statement. > I was involved in a mild auto accident years ago in another state. The > other driver admitted fault (in writing) to me and no officer was involved. > When I sent them an estimate of the damage ($1,150.00) they refused the > claim. I called the person who signed the letter and he claimed the refusal > was on the grounds of "Contributory negligence". I told him I did NOT > contribute to the accident! he failed to stop and hit me in the rear! He > replied, "You were there were you not?" > The next telephone call he got was from the Delaware Insurance > Comissioner's office. I was in the office when the rep. placed the call and > he replied, "There must be some missunderstanding, I have Mr. Frebert's > check in the mail today." I got the check the next day! > George Frebert > P.S. > Remember to WIN, you have to know how to play the game! > > On Fri, 06 Oct 2000 16:37:07 -0700, [EMAIL PROTECTED] wrote: > > > ----[Please read http://ercoupers.com/disclaimer.htm before following any > advice in this forum.]---- > > Greg, hate to be a wet blanket but I would call the company direct and > > here is why. > > > > Several years ago we took out a flood insurance on some property in the > > mountains. We was told the Federal Gov, just was having all types of > > problems and the policy just wasn't being made out. > > > > The flood occurred and the you know what hit the fan. Our trusted broker > > had pocket the money and left several of us without insurance. The one's > > that had the car insurance included. State Farm placed a add saying call > > them to be sure you had insurance they didn't. The broker had pocketed > > some 200,000.00 sure he went to jail didn't help our lost and we had no > > recourse as he was sentenced to prison. Called up the you know what. > > > > Just a thought but when a policy doesn't make it I am on the phone to > > find out why?? The policy on N6596Q was due the middle of June the > > policy was in our hands before the 4th of July. > > > > Audean > > > > __________________________________________________ > > To unsubscribe from this list please send > mailto:[EMAIL PROTECTED] > > ___________________________________________________________ > > T O P I C A The Email You Want. http://www.topica.com/t/16 > > Newsletters, Tips and Discussions on Your Favorite Topics > > _______________________________________________________ > Say Bye to Slow Internet! > http://www.home.com/xinbox/signup.html __________________________________________________ To unsubscribe from this list please send mailto:[EMAIL PROTECTED] ___________________________________________________________ T O P I C A The Email You Want. http://www.topica.com/t/16 Newsletters, Tips and Discussions on Your Favorite Topics
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