Insurance Company Complaint

Insurance fraud and breached our contract - Insurance for bus charter services

- Newark NJ
WE are writing this report on Insurance Company on one of the most fraudulent and economic discrimination can be made on a small Business. I purchased insurance from insurance Company from 06/30/04 to 06/30/05 for $18,000 per bus for six buses at end of 06/30/05 the insurance Company add a premium of 112,967.00 for no reason. We received a renewal premium from 06/30/05 to 06/30/06 the amount of $122,075.00 we made a down payment of $48,830.00 the insurance Company took $48,830.00 and on 09/13/05 the insurance Company breached our contract from 06/30/05 to 09/13/05 we paid to excess over $300,000.it show discrimination over charging and price gouging. We have been in business since 1979 and have build a very good creditable and legacy for the future for the family and it has been destroyed by the insurance Company.

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Reader Comments:

Posted by mci107 on 02/09/2010
This matter has been brought to Superior Courts and Distric Court and Circuit Court the decision base on errors uphoulding the rip off by the insurance company fraudulent and misleading documents.



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