Nationwide Corporation Complaint - wILL NOT TRANSFER EXISTING POLICY UNLESS
NEWPORT RICHEY, FLORIDA -- Nationwide Insurance companies slogan is that "Nationwide is on your side", well that is an outright fabrication. I have been with them for over nine years claim free with my homeowners insurance. I am closing on a new home the end of August and I went to transfer my policy and was told point blank either you transfer your auto insurance to us or we are unable to transfer policy. There auto rates are twice what I am currently paying. Their policy breaks every statute of Florida law regarding that you transfer another policy to maintain your homeowners policy. Once again the people of Florida are being screwed in this insurance game, because the State Dept of Insurance claims that the statues are vague in the way they can be interpeted. It is a polite way of our state officials to cave in to these insurance giants so they stay in Florida writing insurance. Anyone who is with NATIONWIDE needs to pay strict attention to these pratices along with the 20% rate increase on September 1 2005. We all need to band together and bombard the Insurance Commissioner, Attorney General, Govenor and any other elected official in your district to put an end to the racketering and corruption being committed by Nationwide.