• Report: #928258
Complaint Review:


  • Submitted: Thu, August 16, 2012
  • Updated: Thu, August 16, 2012

  • Reported By: Rod baker — Clearwater Florida USA
3060 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

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Tapco insurance Company RIP OFF

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/reports/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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