Saturday, August 18, 2012

"Progressive" by name and "progressive" by nature

I have just seen the recent appalling story about the firm Progressive Insurance, the insurance company from hell. They spent much more on dodging a claim they were due to pay than it would have cost them to pay the claim in the first place. Lawyers don't come cheap. Their customer had to go to court to collect what was due and the court verdict was eventually in favor of the customer anyway. So now Progressive have legal costs to pay as well as the customer's original entitlement. What a way to run a business! What a way to chase away prospective customers! What use is an insurance company that runs away just when you need them?

Interestingly, their name seems to be the only thing about them that is straight up. They ARE political Progressives (Leftists) and do donate to Leftist causes and organizationa.

So their actions exhibit the complete lack of ethical anchors that we expect from Leftists: The people who tell us, "There is no such thing as right and wrong". Doing their best to dodge a payout is obviously not wrong to them. And they are such moral defectives that they cannot even see that their actions are unwise. They are moral imbeciles.

Where I live we have a large insurance company (Suncorp) that prides itsef on making payouts without quibbling. And they do, resulting in their having about two thirds of the State's housing insurance business. As the early Protestants saw, good ethics are in fact good business.

Anybody insured with Progressive, however, should in my view go elsewhere at the earliest opportunity.

UPDATE: The company has now paid the original claim of about $70,000 but we also read: "the payment is separate from the judgment rendered by a jury in Baltimore Circuit Court last week awarding the Fishers $760,000". That should give them a well-deserved pain in the pocket. They are probably unwise enough to appeal it, though.

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