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Alan's complaint:
July 30, 2012

Insurance Company: State Farm Insurance
Coverage Type: Auto/Boat/Motorcycle

  • Underwriting - Refusal to Insure
  • Underwriting - Cancellation
  • Underwriting - Forced Placement

State Farm abruptly notified us this month that they would no longer underwrite liability coverage on our son, who has driven 3.7 years without any tickets or accidents. He is an "A" student at a prestigious university, an Eagle Scout and does not drink. The reason given for dumping him into the much more expensive state "high-risk pool" was that the risk exceeds the premium they are allowed to charge in NC. My local agent said it was a new company policy to refuse coverage of drivers with less than 5 years of driving experience. WHAT ABOUT THEIR DRIVING RECORD ?? State Farm was OK with selling us insurance with him on the policy for the past 3 years, so why dump a good driver now ??? GREED, that's my conclusion. We also have our homeowner's insurance with State Farm, but not for much longer - I'm going to call several carriers today, and send a copy of this complaint to the BBB and the NC Insurance Commissioner. What a CROCK ! "Like a poor neighbor, State Farm is NOT there !"

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