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1 About Authors Contact Republication Quotes Questions Articles Videos Reviews News Online Auto Insurance Online Auto Insurance News Latest News State Specific Insurance Companies Premium Rates Consumer Search... PCI: Aggressive Towing Practices Drive Up Insurance Costs A poll conducted by a nationwide insurer association highlights the cities with the worst towing practices by Gregor McGavin, Online Auto Insurance News Team Category: Consumer, Latest News Wednesday, July 6, :51 am Chicago, Philadelphia and New York are the three worst cities nationwide for unscrupulous auto towing and storage fees, according to a new survey released by the Property Casualty Insurers Association of America (PCI). Tow truck operators in those cities were the most likely to inflate their fees and make it nightmarish for motorists to retrieve their vehicles, the poll found.
2 Aggressive operators make a bad situation worse for motorists who have been involved in an accident, said Bob Passmore, senior director of personal lines at PCI. It is a no-win situation, Passmore said in a news release. These bills drive up out-of-pocket expenses for consumers and affect auto insurance costs that they pay. The association, which has more than 1,000 member insurance companies nationwide, based the survey on negative feedback insurers are hearing from consumers. Those gripes included spurious helper fees and waittime fees, padded bills and the feeling that the vehicle was being held hostage. The worst five cities nationwide, according to the survey: 1. Chicago 2. Philadelphia 3. New York 4. Atlanta, Ga. 5. Houston The National Insurance Crime Bureau (NICB) reports that, between 2009 and 2010, there was a 116 percent increase in the annual number of claims flagged as having inflated towing and storage fees. Authorities across the nation have cracked down in recent years on what they say are predatory towing companies. In Illinois, which the survey ranked the worst state nationwide for towing hassles, the state attorney general s office sued three Chicago-area tow companies in Two years later, Cook County state s attorney filed a consumer fraud lawsuit against four companies. Industry experts point out that there are many honest tow operators, but say the deceptive practices of others not only force consumers to pay more out of pocket, but also make it difficult for them to find cheap auto insurance. Consumers have a responsibility to know what their policy will cover, according to the NICB, a nonprofit industry group. The PCI points out that there are steps that consumers may take to protect themselves in the aftermath of an accident: Be prepared. Many insurers, auto clubs and even credit card companies offer roadside assistance programs that include towing services. Know that you have the right to call your own tow truck and decide where to have your vehicle taken, whether to a repair shop or to your driveway. Get an itemized statement of charges and ask for clear information on how to retrieve your car.
3 Check daily storage prices and other charges and be careful what you sign. Watch out for Good Samaritans. Some tow truck operators pose as passersby who are just trying to be helpful. No comments yet. 4 0 Comment on this article Name Name (required) Mail (will not be published) (Required) Website URL Website Latest news in Consumer
4 Federal Study Finds Decrease in Distracted Driving South Carolina Auto Insurance Fraud Totals $12 Million Ore. Law Changes Peer-to-Peer Car Sharing s Insurance Implications GM and MetLife Team Up to Offer No Insurance Payments for a Year Regulators Recover Millions for Wis. and Okla. Policyholders View More Stories
5 Find us on Facebook Like Federal Study Finds Decrease in Distracted Driving news.onlineautoinsurance.com Auto Insurance companies say programs to stop cell phone use among motorists paid off. A study shows stricter laws and public awareness campaigns can lessen the damage of distracted driving, car officials say. 16 hours ago F acebook social plugin Terms of Use Privacy Policy Copyright Online Auto Insurance, LLC. All rights reserved.
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