• Report: #118748

Complaint Review: AIG AUTO INSURANCE PROGRAM

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  • Submitted: Thursday, November 18, 2004
  • Last Posting: Friday, November 19, 2004
  • Reported By:Weidman Michigan
AIG AUTO INSURANCE PROGRAM
505 CARR ROAD WILMIGTON Delaware 19850-9252 U.S.A.

AIG AUTO INSURANCE PROGRAM RIPOFF DECEIVED CON USED ABANDONED SCREWED WILMINGTON Delaware


1Author 1Consumer 0Employee/Owner

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WE carry full coverage & we wrecked our car, aig totaled it out and will only pay off half what we owe. so we have to pay the rest of the note and have no car.

Betty
Weidman, Michigan
U.S.A.

This report was posted on Ripoff Report on 11/18/2004 6:30:24 PM and is a permanent record located here: http://www.ripoffreport.com/car-insurance/aig-auto-insurance-p/aig-auto-insurance-program-rip-4x43f.htm.

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#1 Consumer Comment

GAP Insurance

AUTHOR: Cory - San Antonio (U.S.A.)

That's why they call it GAP insurance. If you're way upside down in your car it may paid to buy it. These car dealers are selling used cars, new ones too, at much more then their worth and if something happens, that extra insurance is well worth it. When my wife bought her car, the GAP ins. was included when she refinanced her loan at a different bank, at a lower rate, one month after she bought the car, using the dealer's bank. Check with your ins. company first.

COMPARE their price to what the dealer is charging. I've seen dealers rip people off with their GAP ins., also you have to pay for it for the life of the loan including interest. Some ins. co. charge $500 where dealers will charge $1750 for the same thing, same coverage, same co.
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