My daily work consists of dealing with car insurance companies.
While folks do see their advertisements of: “Hey you are in good hands, we are here you when it counts.”
Allstate #
Unfortunately, the reality is not that. The reality is that car insurance companies are in the business of making a profit. And, our number one spot, the worst car insurance companies in the US is without a doubt Allstate. Allstates has been known they’ve lost lawsuits because of this practice. Unfortunately, they’re just not getting better and they are the worst insurance company in America and have been for quite some time. And, it’s their efforts to put profits over policyholders and that’s earned them their place as the number one of the worst insurance companies in the United States. So, according to their CEO Tom Wilson, Allstate’s mission is clear. Their obligation is to earn a return for their shareholders.
Unfortunately, their shareholders in a lot of instances are not their policyholders. So, as you can see there is a conflict because you are paying premiums to that insurance company, and if something happens, you kind of count on them to pay the damages. To your car, your house, whatever, and because their policy is to make a profit for their shareholders.
That conflicts with their policy or their obligation towards their policyholders. They’ve themselves you’re in good hands, that’s what I said initially, they’ve got these commercials that say: “Hey you are in good hands with us.” Unfortunately, it’s come to light that their hands are boxing gloves and once you file a claim, they’re gonna fight you on having to pay anything out as much as they can. Those tactics has worked for them, they’ve made a lot of money.
Unfortunately, they’re not the best company to have a policy with, if you need them. We’ll go a little bit deeper in other videos, but this is right now.
If you do have any other questions for me, give me a call at 314-352-6800.
Bajric & Ramic Law Office
Nedim Ramic – Auto Accident Lawyer – Personal Injury Attorney
