Progressive Auto Insurance Complaint - Progressive poor clam settlement experience
Progressive is not responsible in their claim settlements. I was hit by a car on my new F-150 Ford Lariat in Sioux City Iowa that was just 2 months old. We both had Progressive. Progressive ended up totaling the almost new truck. The adjuster came up with a replacement price of $31,196.13 for a two month old truck that had a MSRP of over $41,000. One year old Lariats trucks are booked for more than I was given for a settlement for this essentially new truck. When I pointed this out to the adjuster, they never even had the decency to respond to this gross undervalued settlement. I simply got a check in the mail. I have been told by several people that deal with insurance company's that Progressive is the hardest company to work with. Now I know why. I will soon be dropping my insurance with Progressive after this less than satisfactory conclusion. I am sure Progressive could care less about this claim."