Forum Discussion
beemerphile1
Oct 27, 2015Explorer
B.O. Plenty wrote:Bird Freak wrote:I agree. No money paid out=no claim. That's the way it should be. Ask your insurance company to be sure.
My younger brother just retire from Allstate. He trained claims adjusters. He told me your account will not show a claim if they don't pay out any money.
B.O.
True, some companies do, some companies don't. However with the current state of the business world looking to maximize profits, I imagine more and more will.
FWIW, Consumer Reports ranks USAA as number one consumer insurer.
The atmosphere can also be different at mutual insurance companies, when you buy a policy, you are a part owner in the company.
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