Another fun fact about State Farm auto coverage. They are the only company writing in Colorado (and many other States) that does NOT have the Appraisal Clause or Right to Appraisal for repairable vehicles. Whatever they determine is reasonable and customary to them is all they will reimburse their insureds.

@trailstoneinsurancegroup

Ай бұрын

Hi RobertGrieve, yes we have been seeing this first hand with clients leaving State Farm after a claim. SF spends a lot on advertising and they need to make it up elsewhere... I believe claims suffer because of this. ~ Tia

@oleanmwaura5038

13 күн бұрын

I had an accident what do I do

@trailstoneinsurancegroup

12 күн бұрын

Hi@@oleanmwaura5038, could you provide some details and we can point you in the right direct? Are you a State Farm client? looking for claim advice or submitting a claim. Please let me know. ` Tia

Financial Solvency of an insurance carrier is commonly mis-understood or not even taken into consideration when making decisions on which carrier is right for you. Thank you for helping to make sense of why a carriers AM BEST rating is important information to consider. Absolutely correct Tia! "non-rate action" will not improve the carriers status, they will have to increase rates to make this move back towards an "A" status. Claims severity and frequency are forcing large carriers to take rate in many areas around the country, and we will see more of these topics hit the news. Tia does a great job of making sense of what is happening in the industry right now!

@trailstoneinsurancegroup

Ай бұрын

Thanks ChrisBarry-bc5bt, appreciate you watching our videos, great comments as well, you are speaking truth! ~ Tia

Had state farm for a year and a half I was paying 197 for three vehicles and when I resigned after six months, they wanted me to pay 400 bucks a month!! They can shove it

@trailstoneinsurancegroup

28 күн бұрын

Hi Floydsdaname5401, sorry to hear that happened to you, I have been hearing that a lot lately. ~ Tia

I dropped them years ago... I had multiple worthless policies with them.

@trailstoneinsurancegroup

28 күн бұрын

Hi mrsparex, I am curious to learn, did something happen and they did not pay a claim? ~ Tia

State Farm General is in California. So why isn't' your title indicating State Farm General? The title of your video is misleading to other states who use State Farm.

@trailstoneinsurancegroup

Ай бұрын

hi dougwitte765, great question, I did address this question in the video,- the short answer, many insurance experts are speculating the downgrade on State Farm General may affect rates and underwriting issues nationwide for State Farm along with a large underwriting loss for State Farm nationally. State Farm has already filed for multiple rate increases nationwide. thanks for the question. ~ Tia

run

These jerks always delayed and REFUSED TO PAY LEGITIMATE CLAIMS....ALWAYS...

@trailstoneinsurancegroup

28 күн бұрын

Hey jameskarras6115, we have heard this from many body shops and previous SF clients. Sorry you had to deal with that. ~ Tia

NO they wont pay !!!!!!! 😡😡😡😡😡

I just dropped State farm in the last few days I have been with them for over 40 years they tried to charge me $700 a month for two used vehicles a 2011 Honda and a 2021 Toyota I dropped them like a hot potato.. they gave no explanation for the increase.. I just went with Farmers insurance and my car insurance is now less than $200 a month for the same vehicles. Guess they did me a favor..

@kalani1987

28 күн бұрын

What state?

@trailstoneinsurancegroup

28 күн бұрын

Hey rickrothwell3472, glad to hear you were able to save, $700 per month is crazy. ~ Tia

@claudeivey4997

27 күн бұрын

What is the difference between State Farm Insurance Co. and State Farm General Insurance Co.

@trailstoneinsurancegroup

27 күн бұрын

@@claudeivey4997 State Farm Insurance Company and State Farm General Insurance Company are both subsidiaries of State Farm Mutual Automobile Insurance Company, which is the main entity in the State Farm group of companies. ~ Tia

You should have stated up front that State Farm General only applies to California, and not the rest of the country. State Farm in the rest of the nation is A rated. State Farm has been loosing its shirt in California on home insurance, and State Farm is withdrawing from home insurance in California as a response... Overall - a very misleading video.

@trailstoneinsurancegroup

6 күн бұрын

Hi, you are correct State Farm General is a CA company, unfortunately, State Farm National owns the CA company and nationally State Farm is raising rates and non-renewing folks, this is not just happening in CA but across the county. ~ Tia

@perryallan3524

6 күн бұрын

@@trailstoneinsurancegroup Almost all insurance companies are raising rates across the country due to unusually high inflationary increases for the cost of repairing cars, houses, etc. But California and Florida has exceptionally high insurance losses for a number of insurance companies largely because those States have refused to allow the insurance companies to increase rates to offset the higher risks that are now apparent. Thus a number of companies are leaving those States - especially for the house/structure insurance segment.

@trailstoneinsurancegroup

6 күн бұрын

@@perryallan3524 yes, thank you for the perspective ~ Tia

BS….. they have BILLIONS. Non-renewed in California. Get your facts straight.

@trailstoneinsurancegroup

17 күн бұрын

Hey @stevepatrick1325, you are right they do have billions and the non renewals are not happening just in California, also premium increases are nationwide. Not sure what facts you are referring to are not "straight". Take care ~ Tia

@stevepatrick1325

16 күн бұрын

State Farm General as you video showed is on California business. Facts

Could paying pro athletes and washed up actors hundreds of millions of dollars to do commercials have anything to do with this?

@trailstoneinsurancegroup

25 күн бұрын

Hi killsun13, Right? Did you see their Super Bowl commercial... they spent over $10 million on that. Who pays for that? ... the policy holders do with higher premiums. ~ Tia