CNN 360 Anderson Cooper - Auto Insurance Part 1
July 4, 2009 – 11:39 am | by admin
Anderson Cooper story about questionable auto insurance practices.
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Tags: 360, allstate, anderson, auto, car, claims, cnn, cooper, farm, insurance, state
19 Responses to “CNN 360 Anderson Cooper - Auto Insurance Part 1”
By chipdesignart on Jun 18, 2007 | Reply
A very good video,Similar to this some good collection of car insurance advices in the website
carinsuranceonline(dot)googlepages(dot)com
By MeandProgressive on Jun 27, 2007 | Reply
Thanks for having the courage and conviction of bringing this situation public. Car Insurance Policies such as Progressive’s appear to be nothing more than a pyramid scheme in which those Corporate Executives at the top get richer and richer while injured policyholders are left without medical care as I have explained in my video “Progressive Insurance Has Treated Me as Road kill”. It is nothing more than taxpayer subsidized profits for Corporations such as Progressive.
By WillBackbone on Oct 5, 2007 | Reply
I bet most ppl that never read their policy. They juts want it covered no matter what happens. My insurance agent explained all my coverages when I bought my insurance, she said there is no such thing as “full coverage” he said the policy has numbers in it and they matter. He recommended $100,000 in medical coverage and it only costs a few more bucks a month than “minimum coverage” People want to be blind to their coverage.
By p51joe on Oct 29, 2007 | Reply
Full coverage means the additional comp, collision, towing and rental. If you have 100K in medical, you must not have health insurance. 5K is sufficient if you have 100K of Bodily Injury or more. The liability part is cheap, not so much the medpay.
By WillBackbone on Oct 29, 2007 | Reply
Nope wrong, med is extremely cheap in my state went from 5K to 100K in Med coverage for $3.50 per month. There is NO such thing as FULL coverage. Have an accident with a surgeon, put him out of work 6 months and $75,000 in his medical bills and see if its FULLY covered. Full coverage is a general term but there are #’s in every policy and they are called policy limits so there goes the FULL out the window.What about un and under insured u forgot those.
By barbender on Nov 16, 2007 | Reply
The reason this girl was only offered 15k by the insurance company, is because the insured only paid for 15k of insurance. Most people go for the cheapest price, and never look for the coverage they need.
If you are in an at fault accident, and you do not have enough coverage, the lawyers will find out what assets you have to liquidate. 30% of your wages for 10 years, equity in your home, and retirement saved, and the amount of liability coverage you have in your policy.
By shawnwwe on Mar 25, 2008 | Reply
just for the records.Full Coverage means,your own damages are covered as well.Liability is mandatory,to cover the damage u cost to others,such as car or property.Our US system is messed up anyway
By niaphoenix on Apr 7, 2008 | Reply
John Grisham’s novel the Rainmaker is about such practices in the insurance industry.
By devilcajun on Jun 7, 2008 | Reply
Funny how CNN never made a comment as to the ladies own car insurance. Even though she was not at fault for the accident she does have a bodily injury claim with the at fault parties insurance and will have her own medical coverage to use as well. That is if she chose to carry it.
By Kselr4 on Jul 26, 2008 | Reply
Funny…yet sad
By hateautoinsurance on Aug 29, 2008 | Reply
There was little damage my car. I was treated for whip lash and finally found out I had three bulging disc in my cervical they paid for. I have a $50,000 uninsured motorist rider on my policy. I at this point was offered $1000 for three discs snapped. Now Travelers are saying they are not paying for degenerative disease. I was never treated for this disease nor knew I had it till this auto whiplash happened. Attorneys will not help not enough money and they don’t want to be tied up for yrs
By BriZai2 on Dec 2, 2008 | Reply
Correct devilcajun, they never mentioned that she could have used her MP cov if she carried it. Also the bills are her responsibility until she wants to settle the claim or within the statute for that state. I wonder if the 15k offer was the BI policy max, and if so she would need to try and file a Underinsured Motorist claim with her own insurance company once settled.
By KamikazeKoscki on Dec 8, 2008 | Reply
Corporate Hitlers are evening ripping off serious injuries! Terrorising the injured! Their are not a lot of Plaintiff lawyers who know the laws for the injured, the greedy insurers need to be brought to justice! Insurance Fair Act doctrine is some case law.
By foolclip on Dec 24, 2008 | Reply
Exactly!!!!!!!!!!!!!!!!!!
By elleanor07 on Feb 2, 2009 | Reply
guy side swipes me takes his truck home dents it in and gets a higher claim gets more money then what actually happened
I have pictures of his truck right here! it is not the same! I was out on a work comp at the time of this side swipe
they are trying to accuse me of injurying my knee in auto side swiping but its untrue
work comp shut me off due to this
I went to docs
nasty people out there!
btw I need major surgery from work and cant get it now
By Harshcore811 on Apr 9, 2009 | Reply
I haven’t had insurance for the last three years. No accidents and no chickenshit tickets. I’ve been 22-25 throughout these years. I’ve saved about $4,000 in these years.
By rhemares on Apr 25, 2009 | Reply
Interesting video… However, you won’t be getting this type of complain if you get your car insurance quote with a reputable company.
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By AutoAccidentLawyer on May 5, 2009 | Reply
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By sprax3 on Jun 27, 2009 | Reply
This is an not a honest report, the insurance company with the first lady met their obligation by paying the 15000 which is the max bodility injury limit, if they offered that it’s because the at-fault driver had 15/30/5 which means 15000 per driver and 30000 per incident, she should have underinsured or her own medical coverage..allstate met their obligation and should have not been sued it’s the at-fault driver whom should have to paid the the remaining amount.on her bills