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Old 08-14-2009, 01:12 PM   #208 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by flstf View Post
I wonder how many people are denied this way? I read somewhere that only about 0.5% of total policies are rescinded. I also read that they usually scour the policies for descrepancies only after someone has made a large claim. I believe that only a small percentage of total policy holders make a large claim so the percentage of those dropped would seem to be rather high.

The examples the president gave at the town hall today seem to be particularly troubling.
Perhaps, the key here is to not misrepresent material facts. If an insurance company acts inappropriately and you know it, my advise is to get the treatment and sue the hell out of the insurance company.
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