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Like a good neighbor...

May 27, 2006

State Farm isn't there like you thought.

At least...that's dozens of policy-holders in Oklahoma are saying after a class-action lawsuit against the company following the 1999 tornado outbreak in Oklahoma City are saying.

"State Farm acted wrecklessly and with malice" says an article from CNN reguarding the settlement of the lawsuit.

The lawsuit claimed that State Farm (using Texas-based Haag Engineering as their adjustor) undervalued damage to homes or claimed the damage was caused by other factors -- like faulty construction -- instead of tornadoes.

Instead of F5 tornados??? Are you freaking serious. No home construced as of yet can withstand an F5.

That's like saying it wasn't the semi that crashed into the VW bug was at fault. Those danged German engineers are to blame for the deaths.

Now...they've hired the same company to look into damages along the Gulf Coast and complaints have already reared their heads. There is no question that flood-waters (not typically covered) damaged a lot of property, but high winds were to blame for a lot as well.

This could shake the faith of the "neighborhood" if the Good Neighbor State Farm turns out to be not as good as we all thought.

But there is good news...


...I just save a bunch of money on my car insurance by switching to Geico. ;-)

Here's the story: Is State Farm really there?

Posted by Jason Palmer at 2:34 AM | Permalink | Comments (0)


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