Now, insurance it’s self isn’t evil. It’s a great idea at it’s core, spread the risk so that you aren’t wiped out by disaster. Even at bad companies there are good people trying to do what is right or just earn a living, but as consumers it is our duty to vote with our wallet. It is up to all of us to get companies to change by showing them we will not support bad practice. Unfortunately many people are not informed when they cast their vote. It is in that vein that I present this information. The next time you go to vote on insurance companies you will be able to do so armed with information.
I present to you the ten worst insurance companies in the USA as determined by the American Association for Justice:
TEN WORST INSURANCE COMPANIES
4. State Farm
10. Liberty Mutual
This list is a part of a document they have produced and put out (Find the full document here). They took their time and did their research, after all they are lawyers.
“To identify the worst insurance companies for consumers, researchers at the American Association for Justice (AAJ) undertook a comprehensive investigation of thousands of court documents, SEC and FBI records, state insurance department investigations and complaints, news accounts from across the country, and the testimony and depositions of former insurance agents and adjusters. Our final list includes companies across a range of different insurance fields, including homeowners and auto insurers, health insurers, life insurers, and disability insurers.”
As a chiropractor I deal with insurance on a regular basis and have written on this topic before. The more people we can educate the better systems will be demanded. Pass it on and help change insurance, not through the federal government, but through the power of the people.