Put Policy Ensurance by your side.
Rainy Day Go Away
© 2013-2015 APB
Posted by Janet on July 26, 2002 at 14:39:41:
In 1998 my vehicle was parked (legally) in my Employee Parking lot. An elderly woman drove into the parking lot and ultimately backed into my parked vehicle. (I was IN the building) She was attempting to leave when some of my co-workers stopped her and called the police. A citation was issued to her for "improper backing" and a Traffic Crash report was completed clearly showing her to be at fault.
Her insurance company, Colonial Penn Franklin, now GE Casualty Insurance Co. paid out on the claim and had my vehicle repaired.
Since that time, I have repeatedly asked my insurance company WHY my auto rates had increased to the degree of being rediculous. Ultimately, I changed carriers for lower, but still high premiums. It should be noted that I have NEVER had a ticket or an accident and I'm 45 years old. In addition, my husband, also a named insured, had ONE ticket three years ago for "failure to obey a traffic control device".
I recently changed carriers again and in the process discovered an interesting element that, I'm told, certainly did affect the underwriting of my policies. The information exists in the form of an entry into the C.L.U.E. system, from which insurance carriers all over the nation obtain information. It's your Claim/Auto/insurance "Credit Report". (C.L.U.E. stands for Comprehensive Loss Underwriting Exchange) The information entered by Colonial Penn Insurance Co. names ME as AT FAULT for the collision causing property damage! I have been paying higher premiums for four years as a result of this error.
I have the accident report. I even have a letter from Colonial Penn stating
that they paid out on the claim and that THEIR insured was at fault. In any
event, their reporting cost ME money and I feel that compensation is warrented.
The problem is...How do I know how much this has cost me? I've had three auto
carriers since that claim and how am I to get the insurance companies to
assess that value now?
How to get WHAT YOU DESERVE (Excerpt from the book, "Policy Ensurance")
Post a Followup
Optional Link URL:
Optional Image URL: