The 10 Worst American Insurance Companies

 

AAJ examined court records, SEC and FBI files, investigations and complaints from state insurance departments, press reports from throughout the nation, and the
Ex-insurance agents and adjusters’ testimony and depositions.

It should be no surprise to anyone who has litigated a case in the previous ten years that Allstate was rated the Worst Insurance Company in America.

Allstate earned the moniker because of its well-planned strategy to prioritize profits over policyholders. Allstate’s CEO Thomas Wilson said the company’s goal is crystal clear: “our job is to make a return for our stockholders.”

All state’s business strategies:

a. Purchase the Premiums:

1. Employ a local neighbor you know and trust to offer you insurance. Our local agents are fine people who are doing lawfully, and I know and like them. My wife has family members that work for Allstate Insurance in another state.

2. To persuade you to purchase insurance from them because they are “the good hands' people,” utilize a well-liked and soft-spoken actor.

b. claims of delay and denial

1. Try to devise any way to delay or deny the claim rather than pay small claims. dwindle the claimants. View the first portion of Anderson Cooper’s CNN special report here.

2. Use teams of adjusters rather than the same local agents who are familiar with you.

3. Make it unprofitable for attorneys to defend the victims by dragging out modest cases by refusing to settle. After lawyers have left the room, All states might intimidate those filing claims.

c. hold back jury verdicts once the case is in court

1. Participate in the Tort Reform movement by employing advertisements to inform prospective jurors that fraud, pointless lawsuits, and large verdicts drive up premiums.

2. All state supports prominent business legislators who will create legislation to make it more challenging to secure fair judgments and who will override you and your neighbors when you determine what is acceptable, just in case prospective jurors do their own investigation and discover that the tort reform tale is a scam.
It is understandable why they are ranked as the worst insurance.

No wonder they come in at number 1 as the worst Insurance company in America.

The entire list is listed below.
The Ten Worst Insurance Companies
1. Allstate
2. Unum
3. AIG
4. State Farm
5. Conseco
6. WellPoint
7. Farmers
8. UnitedHealth
9. Torchmark
10. Liberty Mutual

#lifehealthadvisors #ethos #protectyourfamily #insurance

Author: Rechelle D. Barbato