After submitting thousands of claims every year the Diminished value claims company sees firsthand the struggles clients face while fighting big insurance. American Insurance Advocate Group Americans The #1 Diminished Value Consumer advocacy group, releases the good, bad and the ugly list of insurance company settlement tactics for 2015.
American Insurance Advocate Group released its 2015 List of the good, bad and the ugly insurance company settlement tactics.
What is Diminished Value? When you are involved in an auto accident, your car goes down in value instantly and that is called Diminished value also referred to as accelerated depreciation, dv or in some circles diminution or decrease in value.
"We submit thousands of claims each year," says Christian Vazquez, owner of American Insurance Advocate Group. “There is no doubt that you can see when dealing with each insurance company, while some keep asking for paper work or simply ignore your claim until you escalate, others go right away into trying to make it right and get customers paid quickly”
Below is the list of the Good, Bad and the Ugly. I use the phrase from the Wild Wild West because it seems like it when dealing with the insurance companies. There is law but they continue to do what they want.
The Good companies for the most part are the fairest and best insurance companies to deal with, they offer fair and reasonable settlements across the United States.
1. State Farm
These Insurance companies are considered the Ugly, they offer very low settlement offers and make it difficult for anyone trying to get a fair settlement:
1. American Family Insurance
These Insurance companies are in between, not good but not ugly. They offer decent settlements most of the times and that’s why we put them in the Bad category since there are always some reps that want to make your life difficult:
3. Liberty Mutual
5. Farmers Insurance
The Insurance companies are graded based on specific criteria
• How long it takes them to process a claim and a settlement offer
• Quality of appraisers they hire in first party and or contested third party claims
• The settlement offer and communication back and fourth
• The complete claim process and outcome of how the customer felt at the end of the claim
For more information or a free diminished value estimate, visit: Website: http://www.diminishedvaluereport.org
Company: America Insurance Advocate Group
Address: 8815 Conroy-Windermere Rd., Suite 539, Orlando, FL 32835 USA
Telephone: +1 800 420 4951