โMay-19-2013 03:56 PM
โMay-20-2013 08:07 AM
surfride wrote:
There is a limit on the policy declaration page; 5k. I find that to mean Progressive will pay to replace items up to the policy limits. Did I think they would pay all 5k toward the Rolex on my wrist, no that is scheduled on my homeowners because it is of high value and an unusual item. However, the 500 limit is applied to each and every item on this policy. This cap is not explicitly disclosed on the declaration page and that is the part I find most offensive and a scam. This "Replacement Cost Personal Items" coverage is useless and "Flo's" right to their bottom line. When I was in b-school (a term I imagine means noting to the demo on this forum), top 10 by the way, we did several cases on this company. Progressive is a marketing company selling insurance.
Should I feel cheated, I can always have my day in court, like our founding fathers intended. Wrong again, that right is gone too, we consumers have no access to the court system anymore. This, like most every contract you sign these days, from the phone in your hand, to the car you buy, your bank, gym, carpet cleaner, to sweet Flo from Progressive, who would never cheat anyone, all have "binding arbitration" where the proceedings are closed door and the odds are stacked against the consumer. (The arbitrator wants repeat business right?)
Bottom line here, this is not the coverage they sold me, Progressive did disclose it to me deep in 50 pages of fine print. I feel cheated and I haven't even suffered a loss. At least I know now, should I suffer a loss, I am not Pollyanish enough to believe that my Honda Generator, or iPad, or that suit in the closet, is actually going to be replaced by Progressive with new like my declaration page states; won't happen, not with this policy anyway.
This begs more questions; is the TV that is permanently installed in the rig a personal item? My attorney is 500/hour, I imagine it would take him two hours to read the disclosures, cross reference and answer my question.
Be aware and informed.
โMay-20-2013 07:52 AM
skipnchar wrote:
If they provided you with the information, in what way is it a SCAM? Everyone is SUPPOSED to read their policy. Thinking that the insurance company is there to protect it's users is folly. They are there to protect themselves.
โMay-20-2013 07:20 AM
surfride wrote:
Let me add one more item to "chew" on here. Progressive is running an ad with Flo and a dog, where she voiceovers something about; ..not just covering you, but your best friend too. Well, maybe if your vet is in Mexico. The 500 limit applies to their pet coverage too(400 actually 100 deductible). So then you have to ask yourself, is it worth filing a 400 claim (500 less 100 deductible) and losing your claim free status? One could argue this "insurance" is actually a profit center for them through increased premiums because the claim free discount is lost.
Progressive is all about marketing, making you feel all warm and fuzzy, building a trust relationship with a fictional character, then taking it all back in the fine print.
โMay-20-2013 07:17 AM
surfride wrote:They are all about making me ANGRY. I am ready to throw something at the TV every time that annoying b---- comes on and on and on.
Progressive is all about marketing, making you feel all warm and fuzzy, building a trust relationship with a fictional character, then taking it all back in the fine print.
โMay-20-2013 07:12 AM
โMay-20-2013 07:00 AM
โMay-20-2013 06:38 AM
โMay-20-2013 06:36 AM
โMay-20-2013 06:29 AM
โMay-20-2013 06:05 AM
โMay-20-2013 05:57 AM
Goostoff wrote:
Many many years ago in Chicago there was this certain group of people that would walk into the local businesses and tell them they had to pay for protection. Eventually there were charges of racketeering, profiteering, and extortion.
Now they just simply call this legalized extortion, insurance, and the mob is now simply agents, and on the other side you have the scumbag lawyers that are responsible for the extremely high rates we all pay and all the stupid little clauses written in the fine print
โMay-20-2013 04:31 AM
โMay-20-2013 04:28 AM
โMay-20-2013 03:29 AM
โMay-19-2013 08:57 PM