Insurance Claim Problems - 10 Worst Insurance Companies Deny Claims Raise Premiums

Insurance Claim Problems - 10 Worst Insurance Companies Deny Claims Raise Premiums: "One such angry policyholder was United States Senator Trent Lott. Lott, who had long counted on insurance companies for support, became an industry critic after his beachfront house was destroyed by Hurricane Katrina and his subsequent claim was denied by State Farm. Lott eventually settled with State Farm, but went on to sponsor legislation requiring insurers to provide 'plain English' summaries of what their policies did and did not cover. Hurricane Katrina had highlighted insurance company use of such things as anti-concurrent clauses, which led policyholders into believing they were covered from the risks of hurricanes, when in fact subsequent flooding might wipe out any chance of a claim being paid. 'They don't want you to know what you really have covered,' said Lott.78"