Well, I was reading online about all that my homeowners insurance agency, Farm Bureau, and found that they have been frauding thousands of clients after they filed claims of home damages.
Basically, their customers have suffered fires, storm damges, and other terrible things, but Farm Bureau has been using delay tactics and wind up suing their customers for whatever they can along with trying to change the contract during the investigation to benifit themselves during the claims.
This is terrifying to me, because silly me thought that was what Insurance Agencies were for! Making sure we can recieve help if something like that were to happen to us.
Can I switch agencies or do I have to stay a customer for a set number of years?
And can I change because of these facts and how their doing their clients?
Thanks so much, and here's the site that I found all this info on for you Farm Bureau customers like me, or people who want to know the truth and possibly help us out.
http://www.farmbureaulies.com/
Thanks so much!
of course you can change! homeowners insurance is just like auto insurance. it can be changed whenever you want to, your lender just cares that you always have coverage from someone!
Farm Bureau is a company, not an agency.
Can you switch, though? No idea - it's going to depend on your credit score, claims history, and where you live. The only way to find out, is to make a few calls, and get quotes.
You very well might find that the deal you have going with Farm Bureau is pretty darned good.
You can take your business elsewhere at any moment.
See http://www.esuperfind.com/home_insurance… for free Home Insurance quotes by main carriers.
You can easily check your quotes in internet, for example here - homeinsurance.awardspace.us
Couple of things:
1. don't always believe what you read on the internet.
You don't know the source of the "information".
Have you checked the information with other credible sites....such as the Missouri Department of Insurance?
No....you just saw something on the internet and ran off half ******.
2. Farm Bureau is a domestic company. That means, that each Farm Bureau is a completely separate company. So Missouri Farm Bureau is a completely different company from Florida Farm Bureau.
A domestic insurance company is a company whose home office is located in the state it does business in. For example, Florida Farm Bureau has it's home office in Gainesville.
Companies like Allstate, State Farm are international companies. That means they have 1 home office and write insurance in many states. For example, Allstate is based out of Illinois, but sells insurance in all states.
So....unless you live in Missouri...this web site is not about your Farm Bureau company.
Don't feel stupid for messing this one up. Even insurance professionals who don't take the time to research it get this messed up.
3. you will always find some disgruntled customer somewhere. Just for kicks, google: "insurance sucks", "allstate sucks", "state farm sucks".....guess what....you'll find all kinds of outrageous claims about those companies.
That's the nature of the business. One guy gets his policy non-renewed "because I only had one wreck"....but what that guy didn't tell you is that that "one wreck" totaled two cars (cost $35,000) and injured 6 people ( cost $5000 each person x 6 = 30,000) for a total claims payout of $65,000. When the guy pays $2,000 a year in premiums....it's going to take 32.5 years just to recoup the payout from that one claim....and that's provided he never files another claim! Of course, he's going to get canceled. And any company will cancel this guy.
So, if you, in your ignorance want to run off and get a policy with someone else...by all means go! But I got news for you....you can find claims of mistreatment by all insurance companies on the internet.
But, if you are a sane rational person and live in Missouri and have Missouri Farm Bureau, get off your fanny, pick up your phone and call the Missouri Department of Insurance and find out if any regulatory action has been taken against Farm Bureau.