ED Magedson – Founder
US Lloyds Ins of Hurst, Texas Agent: TX Low Cost Insurance of Austin, TX Unethical business practices Hurst Texas
I found Texas Low Cost Insurance on the internet and requested homeowners insurance quotes. The agent, Patrick Butler is who I spoke with and he charged me $218.00 as a down payment for homeowners insurance. This was on June 7, 2013 and by June 19th I received a notice of cancellation in the mail from US lloyds of Hurst Texas that this policy would be cancelled by July 20th. I have had this home insured with top insurance companies for the past 6 years and never was told that it would be cancelled due to "High Risk of Lost". In the end I was told that $100. of the $218 charged to me would not be refundable and I found another insurance company and cancelled w/ US lloyds effective July 6th. I think that this is unethical business when an agent takes your money and gives you no guidelines as to what insurance company may or may not insure. It's a major RIPOFF!
This report was posted on Ripoff Report on 07/12/2013 03:22 PM and is a permanent record located here: http://www.ripoffreport.com/reports/us-lloyds-ins-of-hurst-tx/hurst-texas/us-lloyds-ins-of-hurst-texas-agent-tx-low-cost-insurance-of-austin-tx-unethical-busine-1066565. 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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