Peoples Trust Insurance Complaint Review Scam. Michael Gold Boca Raton FL. PeoplesTrustInsurance.c
Complaint
Customer
Country: United States
Peoples Trust Insurance, 6001 Broken Sound Parkway Suite 200, Boca Raton Florida Complaint Review Scam
Peoples Trust Insurance Complaint Review Scam
PeoplesTrustInsurance.com Complaint Review Scam
Michael Gold Boca Raton Florida Complaint Review Scam
Michael Gold CEO Founder Boca Raton Complaint Review Scam
We lost our home to a Fire Sept 2010 It was insured By peoples Trust Insurance , The Electrical Short that consumed our home was only the start of the NIGHTMARE dealing with this company has been the worst experiance of my life ! I have never been treated so poorly by any person or company in my life . It turns out they have a clause tucked away on the back of the policy which no one ever mentions that they can opt to rebuild your home , which in the begining would have been fine if they were replacing the same as before the fire ( which by the was the Fire Marshall declared a total loss ! )
My Home was a sizable custom home reduced to rubble & soaked with water for Hours. Water came out what was left of the walls for 4 days ( and they were going to reuse the studs & Drywall ) They have several low ball offers to repair using unlike materials for repair ( FROM THEIR OWN BUILDING COMPANY "RAPID RESPONSE" ) the first one was less that 1/3 of a Local Custom Builder quoted. Needless to say thats when I had to hire a lawyer after 6 months I had to hire a 2 nd Insurance Special Lawyer ( Incurring well over $100,000.00 in legal fees ).
I have been to 2 mediations and Insulted & called names both times by their Lawyer & The President of the Company Mr Gold ( very professional ) It seams they have a Tract record of paying less than 30 % on Claims ( over 100 cases ) If you are looking for Home Owners Insurance I would Keep Looking . The President Mr. Gold Told me he would keep this in court 5-10 years ! My first Court Date is in may 2013 . I am not going to go into dtails on this post but this is a Ugly Story you pay your Premium for years and never need it when something happens and you think you will be taken care you just get Jerked Around
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COMMENTS....
Nov. 13, 2013, I received a flyer from People's Trust and looked them up on the internet. They are NOT rated by the BBB and show 22 problems with products and services within the last 12months. Then I read this review, so I called them to tell them that they had terrible reviews and to ask them to remove me from their mailing list. I was asked for my address and I think that the girl said something like OK, the line transfered for a moment and hung up. I would have expecteda good bye or have a nice day to close the phone call. That was certainy NOT acceptable to me let alone professional. I would like to thank the originator of this complaint for saving me from the possibility of such stress of doing business with these people.
__________
Best - the premier insurance company rating service, has an NR rating for this company. People's Trust would not provide financial information to Best. Never a good sign.
__________
Today I recieved mail from Peoples Trust Insurance Company. In their advertisment its expressed * Great Affordable Rates *Friendly Customer Service * No-Hassle Claims Service * Rapid Response Team. But what caught my eye was the copyright emblem on the brochure stating "A Exceptional Financial Stability Rating. I am a member that views the financial credit rated company for many insurance companies. I have looked up People Trust Insurance Company and found out in 2009 they owed $100,000 before they could be rated. I could not find any information of this being resolved. Currently to this date their is no rating for this company according to the financial credit rating company I use. However i will send a copy of this advertisement to the institue to verify if this is ok or not to print on their brochure.
______
hope this helps.
Peoples Trust Insurance Complaint Review Scam
PeoplesTrustInsurance.com Complaint Review Scam
Michael Gold Boca Raton Florida Complaint Review Scam
Michael Gold CEO Founder Boca Raton Complaint Review Scam
We lost our home to a Fire Sept 2010 It was insured By peoples Trust Insurance , The Electrical Short that consumed our home was only the start of the NIGHTMARE dealing with this company has been the worst experiance of my life ! I have never been treated so poorly by any person or company in my life . It turns out they have a clause tucked away on the back of the policy which no one ever mentions that they can opt to rebuild your home , which in the begining would have been fine if they were replacing the same as before the fire ( which by the was the Fire Marshall declared a total loss ! )
My Home was a sizable custom home reduced to rubble & soaked with water for Hours. Water came out what was left of the walls for 4 days ( and they were going to reuse the studs & Drywall ) They have several low ball offers to repair using unlike materials for repair ( FROM THEIR OWN BUILDING COMPANY "RAPID RESPONSE" ) the first one was less that 1/3 of a Local Custom Builder quoted. Needless to say thats when I had to hire a lawyer after 6 months I had to hire a 2 nd Insurance Special Lawyer ( Incurring well over $100,000.00 in legal fees ).
I have been to 2 mediations and Insulted & called names both times by their Lawyer & The President of the Company Mr Gold ( very professional ) It seams they have a Tract record of paying less than 30 % on Claims ( over 100 cases ) If you are looking for Home Owners Insurance I would Keep Looking . The President Mr. Gold Told me he would keep this in court 5-10 years ! My first Court Date is in may 2013 . I am not going to go into dtails on this post but this is a Ugly Story you pay your Premium for years and never need it when something happens and you think you will be taken care you just get Jerked Around
------
COMMENTS....
Nov. 13, 2013, I received a flyer from People's Trust and looked them up on the internet. They are NOT rated by the BBB and show 22 problems with products and services within the last 12months. Then I read this review, so I called them to tell them that they had terrible reviews and to ask them to remove me from their mailing list. I was asked for my address and I think that the girl said something like OK, the line transfered for a moment and hung up. I would have expecteda good bye or have a nice day to close the phone call. That was certainy NOT acceptable to me let alone professional. I would like to thank the originator of this complaint for saving me from the possibility of such stress of doing business with these people.
__________
Best - the premier insurance company rating service, has an NR rating for this company. People's Trust would not provide financial information to Best. Never a good sign.
__________
Today I recieved mail from Peoples Trust Insurance Company. In their advertisment its expressed * Great Affordable Rates *Friendly Customer Service * No-Hassle Claims Service * Rapid Response Team. But what caught my eye was the copyright emblem on the brochure stating "A Exceptional Financial Stability Rating. I am a member that views the financial credit rated company for many insurance companies. I have looked up People Trust Insurance Company and found out in 2009 they owed $100,000 before they could be rated. I could not find any information of this being resolved. Currently to this date their is no rating for this company according to the financial credit rating company I use. However i will send a copy of this advertisement to the institue to verify if this is ok or not to print on their brochure.
______
hope this helps.
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