Farmers is offering a rebate of 25% of premium for April, that month only, not the whole premium, and only on auto. They have not said anything about March or May. Of course coming on the heels of this is an increase in rates on motor homes and travel trailers, and, another increase on……………….AUTO policies! Farmers could care less about who suffers during this pandemic, we are told it is a great environment to sell in since so many are trapped at home! And all those over priced and useless DM’s have bought into it and are applying the pressure, don’t answer their calls, please!!
If I was involved in making these rebate decisions, I would be cautious: 1) There is no flip side to this, when catastrophes hit insurers, no surcharges are allowed; and 2) There may be some offsetting costs in other lines such as WC.
These consumer groups are really trial attorneys who gouge companies and consumers. In California, they become interveners per Proposition 103 and charge $500 to $600 per hour for their unsolicited “services”. Even if they bring no value to a filing, they get their fees. Their is no real effective watch dog to control their behavior.
Farmers is offering a rebate of 25% of premium for April, that month only, not the whole premium, and only on auto. They have not said anything about March or May. Of course coming on the heels of this is an increase in rates on motor homes and travel trailers, and, another increase on……………….AUTO policies! Farmers could care less about who suffers during this pandemic, we are told it is a great environment to sell in since so many are trapped at home! And all those over priced and useless DM’s have bought into it and are applying the pressure, don’t answer their calls, please!!
If I was involved in making these rebate decisions, I would be cautious: 1) There is no flip side to this, when catastrophes hit insurers, no surcharges are allowed; and 2) There may be some offsetting costs in other lines such as WC.
How does one form a “consumer group?” Can I just get an LLC, hang a shingle and tell everyone I represent the consumer? Is that how that works?
These consumer groups are really trial attorneys who gouge companies and consumers. In California, they become interveners per Proposition 103 and charge $500 to $600 per hour for their unsolicited “services”. Even if they bring no value to a filing, they get their fees. Their is no real effective watch dog to control their behavior.