- Report: #928258
Report - Rebuttal - Arbitrate
Complaint Review: Tapco
Tapco3060 S Church Street Burlington, NC. 27215 Burlinghton,, North Carolina United States of America
Tapco Tapco Insurance Broker Cancels Policy Unless you sign a waiver letter, then keeps your premiums! Burlinghton,, North Carolina
I completed an application for general liability for a rental property. Tapco took the full premium on the credit card and then came back and said they would cancel the policy unless I provide them a letter stating what my tenant would and wouldn't be doing in the property. I refused to provide the letter and Tapco said they would cancel the policy. They cancelled the policy and kept almost half of my payment. They initiated the demand for a letter from me, which they doubtlessly use to deny a future claim. They initiated the cancellation. Then they keep the premium. What a scam this company is, they keep almost half the premium with accepting no liability.
I am probably better off for I have purchased another policy thorugh another company and even thought i was ripped off by Tapco, at least I hope to be with a more reputable company now.
Take my advice, don't let any agent sell you anything through TAPCO.
This report was posted on Ripoff Report on 08/16/2012 02:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Tapco/Burlinghton-North-Carolina-27215/Tapco-Tapco-Insurance-Broker-Cancels-Policy-Unless-you-sign-a-waiver-letter-then-keeps-yo-928258. 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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