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Report: #1518567

Complaint Review: Insurance company is a fraud a pyramid scheme -

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  • Reported By: John — Pittsburgh United States
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  • Insurance company is a fraud a pyramid scheme United States
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Insurance company is a fraud a pyramid scheme I paid high rates for an insurance policy and they refused to cover a claim

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I was told Progressive insurance was a good insurance company but just as Geico; they charge you top dollar for an insurance policy and when you file a claim they turn it down. They only pay what they want to pay and the American government allows this so they're the ones held responsible they need to hold these insurance companies liable for their fraud against people that are paying for insurance company policies.

They just take your money and they don't cover you.  So why are we paying insurance dues? The government needs to get their heads out of their asses and make it so the people do not have to pay insurance dues and if they cause an accident then they have to deal with paying it themselves because insurance companies only charge you for money and they don't back you up so you're just throwing your money in the trash....

The government needs to get involved and stop these insurance companies from their pyramid schemes. They charge you but they don't cover you and this goes for all insurance companies they are nothing more than a pyramid scheme.....

Don't let your insurance company scam you out of your money by not honoring a claim that they should cover;

Make sure you file a complaint against Geico for their corruption for overcharging you for insurance and not covering your claim; 

This article is 100% correct I've been paying Progressive for insurance for years and they denied my claim I threw 5 years worth of insurance money down the trash it is a corrupt company;

The insurance industry in America is beyond corrupt because the government teaches them how to get around not paying for a claim that they should be made to pay... America insurance company is nothing but a pyramid scheme and you need to get rid of your insurance policy put your money into a bond and that's your insurance policy because the insurance company that you paid in an arm and a leg for your policy when you need them they are laughing at you and they will deny your claim: the insurance industry across America is nothing more than a sham;

This report was posted on Ripoff Report on 05/22/2022 02:51 PM and is a permanent record located here: 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

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