Farmer's Insurance 2013

[Consumers Revenge]

name: David Wilson

city: 94020

problem:      My name is David Wilson. I have a highly modified 1986 Maier
Racing Mustang. I had the car appraised for 31,650 by the Automobile
Appraisal Association. I took the appraisal to Farmers Insurance. They
accepted the appraisal and quoted me a rate of 258.10 for a 6 month policy.
After I paid for the policy they then raised my rates to 448.50.  They
explained that the new quote was rated by the 31,650 pay off price. They
had my appraisal when they did the first quote which made this a typical
bait and switch. I paid it figuring all insurance companies play this game
and not worth my time or the hassle of switching. Since the first appraisal
the car has had another $40k in further modifications and was going from
shop to shop to have work done to it. In the middle of the modifications
the car was in a front end collision.
     I had the car appraised again with the extra modifications. It came to
51,700. Farmers out sourced a person to take pictures of the car. Brad Darcy
of Farmers Insurance then told me he would not honor my original appraisal
and would only except his Farmers Insurance appraisal. Something this
important should have been explained to me in the first place before
accepting my original appraisal. Being a total loss Brad Darcy then told me
he wouldn?t pay out the 51,700 appraise value because I was being charged
448.50  rated by the 31,650 payoff. They then paid Ross Chandler of Auto
Bid in Kansas to appraise a car he has never seen, had zero paper work on,
or receipts for. When I talked Ross he told me he could NOT find any cars
like mine but found Mustangs with some of the same parts as I had and gave
a final value of $16,800. The 448.50 I was paying for a 31,650 pay off was
now reduced to 16,800. I have been overcharged for 2 years paying 448.50 a
payoff they will never intended to honor. Now we are playing the Lowball
Game. Brad then explained the he expected to take my 51,700 vehicle for
16,800. On top of that Brad told me that the 40k in extra parts (engine,
drivetrain, and suspension that were added) was not part of the original
policy but still must stay in the car. Brad then said they will only accept
the 51,700 appraisal towards their advantage to rate the buyback price. A
complete double standard. I asked what the buyback price was and he said he
didn?t know and they can charge whatever they want for the buyback price.
Brad Darcy is forcing me to accept 16,800 for a 51,700 car, a loss of
35,000 or pay an extortion buyback price of whatever they set on the car.
Brad Darcy then told me this will be a long dragged out possess and they
can take as long as they want to finish this claim. I'm being scammed and
extorted out of my property and need help. Here are some definitions of
Extortion.
Wikipedia: Extortion (also called shakedown, out wresting, and exaction) is
a criminal offence of unlawfully obtaining money, property, or services from
a person, entity, or institution, through coercion.
Dictionary.com: Law. the crime of obtaining money or some other thing of
value by the abuse of one's office or authority.