Consumer News: Big Insurance continues to rip us off

[AnnInLa]

Insurance co.s boosting your rates for towing
Clark has talked in the past about using towing services from your insurance company versus buying service from a warehouse club or from AAA. In the past, he has said that it’s cheaper to get the service from your insurance company. Well, that’s true. But by using your insurance company to tow your car is not a good idea. Why? Insurers will increase your rates if you use their towing services, according to Consumer Reports. State Farm, the nation’s largest insurer, does this, according to the magazine. They see it as the equivalent of a claim. Worse yet, some insurers report you to ChoicePoint if you use the tow rider on your insurance. That can cause you huge problems if you shop for insurance with another company down the road. Geico and Nationwide are just a few of the companies doing this. Sometimes just calling and asking a question of your insurance company will prompt the company to raise your rates. Insurance companies are cheating their members out of money with these procedures and should be ashamed of themselves. View what information is being reported about you at choicetrust.com.

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Also this:

U.S. may lose its credit rating
The U.S. government is spending so much money every year that the country could lose its credit rating. We currently enjoy a top tier credit rating, but the country has been warned by Standard & Poors about losing that credit. We’re being looked at as a struggling country, and it’s because our elected officials are spending money like crazy. If we keep spending money like we are, we will have debt that is 350 percent of our national output. That makes us a third world country. In addition, our budget deficit will rise to more than one-fourth of our national income if we keep spending this way. There are only two answers here. We must reduce government spending, which Clark prefers. Or we must raise taxes, the undesirable move. We are all affected by this. As a result, we have to change our expectations of our government and plan for our own futures.

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