Post Date January 21, 2014 – In one case, just about $100,000 in fines were recovered by the Connecticut Insurance Department (CID) for the state’s insurance buying consumers. Connecticut auto insurance rates have been the subject of many consumer auto insurance complaints in the third quarter of 2013.
Connecticut Auto Insurance Rates and errors need to be reported
As a government office tasked with the protection and welfare of the states insurance buying public, it also sets and regulates Connecticut auto insurance rates. The CID was also able to recover over $2,000,000.00 stemming from complaints filed against insurance companies because of their Connecticut auto insurance rates.
Connecticut Auto Insurance rates complaints are ranked among the highest number of consumer complaints among different types of insurance. Though ranked fourth, complaints from Connecticut auto insurance rates was able to register among the third highest amount of recovery.
The millions recovered after the Consumer Affairs Unit of the CID attended to around 1,500 complaints and inquiries filed through the summer of 2013. The CID charged different auto insurance companies a total of $1.1 million in fines.
Auto Insurance buyers expect their Connecticut car insurance rates to be properly charged. When their Connecticut auto insurance rates are not charged as they agreed, the CID will address the complaint But what happens to your when your car insurance carrier does pay a claim or cancel you for no reason? You should make a complaint to the CID. Every insurance consumer who have an issue against their Connecticut Auto insurance company.
According to the National Association of Insurance Commissioners (NAIC), late claim payments are the number one most common complaint across the country. Insurance consumers can always turn to their state’s insurance department for help when they feel like their insurance company is breaking the law or that if they are having problems with their insurer.