Thank you for your input on AIG.I was talking to my financial planner and he suggest that I move to a Company called Amica Mutual Insurance. To compare then with Chubb for Home owners they have a better score on problems with claims then Chubb by the National Association of Insurance Commissioners. They also have a faster respone time for a claim was better then Chubb according to a study by the Independent Insurance Agents and Brokers Association of America. They handle homes that have a value of $500,000 and over cars that have a value of $50,000 and over and they are 30% less on the premium. Chubb had a price hike in 2003 Amica did not. I am being told that the September issue of Consumer report is doing a story on them I will have to buy it and read it. I will move my Companys insurance to AIG this month we are up for renewal this month and my Broker is telling me that the PA office just lost a great underwriter and he said to deal with the other people in that office he does not want to do that. I have said as long as the coverage is the same or better and the price is better and I am being told it will be and they have competent people working for them go for it.
No need to call names. To use your words "AIG don't pay claims". I would like you to give me the names of some Company's that are with AIG and had a claim and it did not get paid. I would also like to no what the claim was for. I don't want to hear I just heard they don't pay. Thank you
I've heard very positive things about Amica...some friends of mine have had them for a few years and really like them. Have heard from others as well that their claims and overall service is on par with CB. Here is a helpful website with customer reviews of various P&C insurance companies: http://www.badfaithinsurance.com/
Good decision on AMICA. I have had them for 15 years and never had a problem. I also had Chubb before that and they were great handling a claim. I moved my coverage from Chubb only because they were not as interested (and thus not as competitive) on homes like mine (less than $500,000 in value). Chubb is still a good investment- see recent Zack's recommendation and they are still the best at Claims handling- see Good Faith bad faith site. I would still think twice about going to AIG for commercial coverage.