Accident Insurance Company
Reader’s Question:
I’ve had it with these accident insurance company. Each time I get into an accident, they refuse to pay up, coming up with a hundred reasons not to reimburse the damage I get.
I mean, if these so-called “accident insurance companies” will find one way or another to avoid for the responsibility they’re being paid for, why the hell should I even get accident insurance for my car?
J.L. Murray
San Jose, CA
To answer your question, some states make it mandatory to have car insurance. In California, where you’re from, you can either get insurance or make a deposit of $35,000 with the Department of Motor Vehicles. This is to make sure that you’re able to pay for any damages you could incur to other people’s property when you get into an accident.
Regarding your issue with you insurance company, you may want to consider switching insurance plans. The reason you’re paying for insurance is for the company to pay for damages that you’ll get when you get into an accident. Although your current auto-accident insurance company is hiding behind legal loopholes, it’s a really bad show of business ethic to do so. Ask friends and family what good insurance company they’d recommend.
However, there are some valid reasons why an auto-accident insurance company won’t reimburse you. Vague qualifying variables may come into play, like not being able to reach the franchise limit for damage incurred to your car. That’s why you’ve got to give your contract a serious read-over before you sign up with an insurance company.