6 shadiest auto insurance scams

Insurance fraud drives up auto insurance rates. Have you seen any of these cons?

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125Comments
Jun 11, 2013 8:37PM
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Flo is NOT your friend and neither is that cute little lizard.
Jun 12, 2013 7:44AM
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Had some idiots try the "swoop and squat" on me, but with only one car.  Wet roads, me in a 1.5 ton truck, them in an old mini-van.  Tried it twice on me (I avoided them those times) and started throwing beer cans at me and giving me the finger, so the third time I went ahead and hit them.  Pushed them over a bridge embankment and about a fifty foot drop.  No witnesses, no survivors.  Too bad.  Responding cops found the driver didn't have a license, and later the hospital found his blood alcohol level was over the limit.  Court awarded me a new bumper and reimbursed me two days wages from his family, though I doubt I'll ever see that money.  But at least I was able to "take out some trash".
Jun 11, 2013 7:07PM
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The Insurance companies run some pretty good schemes to.

Jun 12, 2013 12:48AM
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the biggest scam I have seen is the insurance company so far.  Fighting 5 years over getting hit by a drunk driver while I sat at a stop sign. Wish I could have missed 5 years worth of payments while they sat on their hands.

 

Allstate..=/

Jun 11, 2013 9:21PM
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biggest insurance scams are the insurers like AIG, All State, and Progressive all promising low rates and great coverage, yet when actually quoted a rate they are sometimes 10 times more and half the coverage of other insurers
Jun 12, 2013 7:59AM
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The "Good neighbor" certainly wasn't good to me.  Yes the accident was my fault (equipment failure), but I did have full coverage.  They scammed me by low-balling the value of my car.  Said they don't use Kelly Blue Book or any other source available to the public to value cars - just their own secret lists.  Refused to even show me that these lists existed.  They scoured the want ads until they finally found a car for sale that was the same model as mine - but two years older and with more than double the mileage.  Then they claimed that the price that seller as asking was the actual value of my car.  Ended up putting me under water on this car (which wasn't true before my accident). 

 

Fine, they won that battle.  But I not only took my business to another company but also all of my other insurance with it.  So by cheating me out of about $5000 they lost years of premiums, plus I try to redirect everyone else I know from doing business with them too.

 

Jun 12, 2013 6:01AM
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Lawyers say Allstate is considered the worst at paying claims.
Jun 12, 2013 8:20AM
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insurance is a joke!! I live in a concrete block house that was damaged in a rare Midwest earthquake

a few years back. The insurance company sent out a "claims adjuster" that assessed the damage at

$800.00 less than deductible ($11,100.00). Then the fun began. I was told that the damage had to be repaired within a year or I could face cancellation. My insurance rate went up because I had a $11,100.00 claim even though they didn't pay a penny! All of this because I thought I was covered. By the way my neighbor who did not have earthquake insurance got his damage repaired (foundation & wall) by the government! I guess I am the sucker here because I had insurance. Seems like they try to screw you on purpose.

Jun 11, 2013 7:46PM
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Have you ever noticed all you hear about are the scams against the insurance companies? hardly ever the other way around...Trust me, these POS don't care if you live or die. Their only concern is their bottom line. I can only imagine what kind of deals were put together behind closed doors in Washington..The affordable care act??? This is only a requirement that everyone buy medical insurance...OF COURSE the insurance companies support this..lets see how it works out for everyone else. As far as car insurance, I can tell you a few things for sure..at all costs, do not get into an accident and ALWAYs make sure you send that check in every month.
Jun 12, 2013 9:51AM
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WHEN YOU ARE IN AN ACCIDENT IN ROMULUS MI. AND NEED YOUR INSURANCE COMPANY TO SEND A TOW TRUCK THE COPS TELL YOU THAT THEY ARE CALLING A TOW TRUCK AND THAT YOURS WILL NOT BE ALLOWED TO TOW.  SO YOU GET A HEFTY TOW BILL PLUS STORAGE FEES. WHICH I BELIEVE THAT THE POLICE DEPARTMENT GET A SHARE..
Jun 12, 2013 9:58AM
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I see a lot of outrage concerning insurance company practices and many people realize that insurance is a losing racket for the consumer.

However,  I am confused as to why many of these same people support ObamaCare which gives more power to these guys.

You can argue it doesn't, but follow the money.

 

 

Jun 12, 2013 12:38PM
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All of these horror stories about the ins company not paying, not helping, scamming.. is why the 2nd call you make after a wreck is your attorney. dont talk to the ins company, dont talk to the other driver, dont talk to the police any more than you have to. goto a hospital, call a lawyer.
Jun 11, 2013 11:13PM
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which came first the insurance company cheats or insurance cheaters those of us in the middle pay the price anyway
Jun 12, 2013 10:51AM
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Insurance companies do not make you whole after someone hits your car, they only give you what they want.  I had a women hit me and told the police she did not see me but her insurance company only gave me a small amount of the devalued amount of my car, basically saying take it or leave it, I only have a bit over 10,000 miles on it and it is a 2012. Car dealerships have told me it has lost between 2500 and 4000 dollars but they will only give me 2000, that is a rip off especially since she pulled out of a stop sign into oncoming traffic and admitted not seeing me.
Jun 17, 2013 8:30PM
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Trust me, Nationwide is NOT on your side. I was royally screwed by them and the agent seemed to be making an extra effort making sure it happened.
Jun 17, 2013 7:10PM
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I would rather see a more honest posting about the fraud the insurance companies are guilty of.  I guess whoever wrote this crap is being paid by insurance companies. 
Jun 12, 2013 10:17AM
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Duh! We already know there's insurance scams all over. Why dont you stop telling and start doing!!! You people are no better. Media keeps telling, but doing nothing to help. Just keeps scaring the general public that the world is going to hell but does nothing to help. Your on the front lines with the authorities, so do something usefull you fools!!!

Jun 12, 2013 1:13AM
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TrafficSafetyConnections.com has the BEST dvd that shows drivers what to look for.  It's by a retired California Highway Patrol officer and is based on his experiences.  It shows how to handle insurance companies and the other driver.  GREAT!!
Jun 18, 2013 4:10AM
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Uninsured illegal immigrants are the number one cause of rising rates.
Jun 17, 2013 7:54PM
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The insurance companies also scam policy holders, one example would be using credit scores to determine your auto & homeowners insurance premium rates, this isn't fair due to people having their credit scores tank due to the economy, losing jobs, medical bills etc...

Replacement costs for homeowners insurance on your home is also a scam.

 

I live in a 2200 sq' starter home that I purchased in 2007 from the builder that was also my employer so I actually know that it cost my employer about $76,000 to build my house, excluding the cost of the lot.

 

The insurance companies that recently gave me a quote had replacement costs to rebuild my home between $225,000 & $250,000 and they are still building new homes in my community with the same finishes and square footage at a price of about $125,000 with the lot included in the price.

 

The insurance companies use these outrageous replacement cost calculators to bump up your premium and deductibles.

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