- Report: #845922
Report - Rebuttal - Arbitrate
Complaint Review: StateFarm Mutual (auto)Insurance Co.
StateFarm Mutual (auto)Insurance Co.1555 Promontory Cir, Greeley, Colorado United States of America
StateFarm Mutual (auto)Insurance Co. "Overpayment" of auto insurPremium (due to over-billing) Greeley, Colorado
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After eventually talking to a top manager with the Greeley, Colorado office I was informed that indeed I had "overpaid'' my premium and that, "it is not the general policy of State Farm to retain premium overpayments". After receiving my "overpayment" amount back, I discovered that it is not only "not a general policy" for companies to keep overpayments, it is - in fact - unlawful ! That was not mentioned by the Greeley official.
In reviewing a number of sources (inclusive of: the Oyez Project at IIT Chicago-Kent College of Law), and the sound advice of a member of the Colorado Legislature, some light may be shed of this onerous practice by State Farm Mutual InsCo. Any failure, on my part, to exercise my rights in a timely fashion - with regard to StateFarm Insurance Co - shall not infringe whatsoever upon my ability to exercise and to retain my full and lawful rights. I do hereby reserve said rights.
This report was posted on Ripoff Report on 02/28/2012 11:31 AM and is a permanent record located here: http://www.ripoffreport.com/r/StateFarm-Mutual-autoInsurance-Co/Greeley-Colorado-80638/StateFarm-Mutual-autoInsurance-Co-Overpayment-of-auto-insurPremium-due-to-over-bill-845922. 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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