Re: What's up with State Farm
Posted: February 27th, 2006, 7:53 pm
Washington State is one of the noncovered states. The policy's that have been renewed since Dec 1 of last year are no longer covered. They will apply funds spent on repairs during the previous 12 month period toward the insured's deductible should they require a replacement in that period so you can advise the customer to save their receipts. While there has been allot of controversy surrounding this issue in the long run it will benefit us to eliminate the TPA's and the long (or short) waits for payment. Which would you prefer, to pay for a new shield (they will stop paying for these next) or a repair? This is coming about as a result of the abuse of the system from replacement and repair facilities. The industry has been trying to police itself to no avail so if your looking to blame, well there you go. As far as the outcome we who remain following this adjustment will simply have to make some minor adjustments to our sales tactics. If anything it should help the industry. Unless of coarse your good with the folks who you have come to depend on for payment to continue to set your prices, put their stamp of approval via the metrix system etc on you, and your business and future. I personally have been making adjustments for a while now and have done very little insurance work as a result, my bottom line is about double what it was as of March first of last year and accounts receivable is way ahead!!!!:eusa_clap :eusa_danc
Change is good!!!!!!! And I hope your luck is too!!!! Scott
Change is good!!!!!!! And I hope your luck is too!!!! Scott