Why insurance companies get a bad rap

Jun 18, 2010 by Andrew

I recently wrote about how, if your at fault in an accident, your more likely to be sued depending on which insurance company you are covered with.

Earlier this week the Dallas Morning News ran a story about the worst insurance companies in Texas from a complaint standpoint.

The companies with the most justified complaints against them (i.e. ten worst companies) were:

1. Loya Insurance, 3.76 times as many complaints as the typical insurance company
2. Old American County Mutual, 3.42 times as many complaints
3. Nationwide Mutual, 1.91 times as many
4. Southern County Mutual, 1.9 times
5. Home State County Mutual, 1.67 times
6. Colonial County Mutual, 1.55 times
7. ACCC Insurance, 1.38 times
8. Allstate County Mutual, 1.37 times
9. Allstate Fire and Casualty, 1.34 times
10. Consumers County Mutual, 1.26 times

Complaints from Texas drivers included such practices as delays in processing claims, unsatisfactory offers or settlements, denial of claims and liability disputes.

Click here for information on filing a complaint against an insurance company.

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Related posts:

1. How Insurance Companies Deny, Delay, Confuse and Refuse
2. Are You Buying Insurance or a Lawsuit?
3. Doctor Denies Health Insurance After Accident
4. State seeks ban on insurance clauses
5. Good News – If You’re a Health Insurance Company