Ok, so it’s not really a scam….but it seems highly unfair and unfounded as to why an insurance company is allowed to check you credit history to determine if they will cover you and what rates they will charge you.
I could understand this if you were borrowing money from them, but you are not. It would make more sense to me if they could run some kind of check to see how many filings you have had in the last few years. That makes a lot more sense as to whether or not you are going to be a high-risk client.
What I’d really like to see, in all fairness, is some type of statistics that show how many first claims are denied. I’d also like to see that for second claims and some ratio showing how many claims that were denied on a first or second filing basis that were eventually paid.
Turnabout is fair play and that would allow us, as consumers, to know what kind of a company we are going to be dealing with. But that will never happen. The insurance companies have way too much money and are sucking the proverbial dicks of the legislature so well that we can be assured that we will continue to be treated as peons and that they can get away with just about whatever they like.
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