Texas Orders State Farm To Refund $350 Million To Customers
In my 20 years of helping people as a Fort Worth personal injury attorney, I’ve learnt that insurance firms who claim to “get you back where you belong,” or who will be there for you “like a good neighbor,” often fail miserably – and purposefully - when it comes to crunch time. I’ve seen firsthand the dirty tricks insurance adjustors pull to try to avoid paying out money. It is an abuse of the trust of the consumers who pay premiums year after year so they’d have help when they need it - only to find out that then they need help most, the insurance company is only concerned about protecting their own bottom line.
State Farm Insurance Company’s unfair treatment of their loyal customers has been in the spotlight this week, as the company was yesterday ordered to refund approximately $350 million to home insurance policy holders due to excessive premiums. More than 30 companies were ordered to reduce their rates by the Texas insurance commissioner following new legislation in 2003, and State Farm was the only company that failed to do so. Instead, they continued to rip off 1.2 million policyholders between 2003 and 2008.
You might think that you can count on your insurance company to be there when you need them, but the sad truth is that while they might be your friend when you’re paying your monthly premiums, as soon as you put in a claim they are anything but. Fortunately, if you’ve been injured in an accident or hurt due to someone else’s negligence, I can deal with the insurance companies for you. They’ll still try to get away with delaying or denying the claims, but as a board certified trial lawyer, I know how to make them pay you the compensation you deserve. Check out my website for more information, and if you want to set up a free consultation, just give me a call at 800-354-MARK. There is no obligation and you don’t owe me a penny until I win your case.
