- Report: #968310
Report - Rebuttal - Arbitrate
Complaint Review: Peoples Trust Insurance Company
Peoples Trust Insurance Company6001 Broken Sound Pkwy Boca Raton, Florida United States of America
Peoples Trust Insurance Company Hidden Clause !! " Right To Rebuild " We just Happen to Own A Construction Company Boca Raton, Florida
*Consumer Comment: Mail Advertisement and financial stability rating
*Consumer Comment: Peoples Trust complaint
My Home was a sizable custom home reduced to rubble & soaked with water for Hours. Water came out what was left of the walls for 4 days ( and they were going to reuse the studs & Drywall ) They have several low ball offers to repair using unlike materials for repair ( FROM THEIR OWN BUILDING COMPANY "RAPID RESPONSE" ) the first one was less that 1/3 of a Local Custom Builder quoted. Needless to say thats when I had to hire a lawyer after 6 months I had to hire a 2 nd Insurance Special Lawyer ( Incurring well over $100,000.00 in legal fees ).
I have been to 2 mediations and Insulted & called names both times by their Lawyer & The President of the Company Mr Gold ( very professional ) It seams they have a Tract record of paying less than 30 % on Claims ( over 100 cases ) If you are looking for Home Owners Insurance I would Keep Looking . The President Mr. Gold Told me he would keep this in court 5-10 years ! My first Court Date is in may 2013 . I am not going to go into dtails on this post but this is a Ugly Story you pay your Premium for years and never need it when something happens and you think you will be taken care you just get Jerked Around
This report was posted on Ripoff Report on 11/12/2012 07:55 PM and is a permanent record located here: http://www.ripoffreport.com/r/Peoples-Trust-Insurance-Company/Boca-Raton-Florida-33487/Peoples-Trust-Insurance-Company-Hidden-Clause-Right-To-Rebuild-We-just-Happen-to-968310. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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