• Report: #608153
Complaint Review:

Nationwide insurance

  • Submitted: Fri, May 28, 2010
  • Updated: Fri, May 28, 2010

  • Reported By: InsuranceRip — McCormick South Carolina United States of America
Nationwide insurance
Internet United States of America

Nationwide insurance Raised replacement value of home, billed Mortgage company, now escrow amount raised. Internet

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

What's this?
Corporate Advocacy Program

Show customers why they should trust your business over your competitors...

What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

Set the record straight:
Arbitration Program

SEO Reputation Management at its best!

Nationwide Insurance raised replacement value almost $185,000 more than last 14 years. They said my home was worth more now. They said it cost more to build my home now. The facts are the opposite. I'm a General Contractor and I do read paper and look at TV.

For those of you who have an escrow account for your mortgage, look at it closely. Nationwide raised my rate $679 in 2009 and $595 in 2010 (total $2291). Mortgage company paid it. When I got my escrow analysis this year, it showed up along with the projected this year. Mortgage company wanted to raise my escrow amount $168 per month.

I tried to work with agent for over 2 weeks, nothing. Cancelled my policy (Home insurance with them for 16 years, cars for over 25 years) on April 29, 2010. They already received this years payment too. Today is May 28th and still don't have confirmation that they have refunded monies. Mortgage company wants their money back or pay escrow.

Bottom line- Nationwide sends whatever bill they want to to mortgage company. Morgage company pays. Then you pay. Not right. They said I have control. NO. I had to cancel to get something done. Insurance Commission needs to know.

Now--Let's talk rates. I priced 4 companies and all of them were LOWER than Nationwide. Substantially!!!  I keep hearing they are "on my side". I don't think so.

What to do? Look at your escrow statement. Call other companies... and


This report was posted on Ripoff Report on 05/28/2010 06:05 AM and is a permanent record located here: http://www.ripoffreport.com/reports/nationwide-insurance/internet/nationwide-insurance-raised-replacement-value-of-home-billed-mortgage-company-now-escro-608153. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Click Here to read other Ripoff Reports on Nationwide insurance

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?