Founders Insurance Company


Country United States
State Benin
City Des Plaines
Address 1111 E Touhy Ave
Phone 847-768-0040
Website https://www.foundersinsurance.com

Founders Insurance Company Reviews

  • Oct 25, 2014

DATE OF VANDALISM 9/24/2014

Horrendous, staggering vandalism rendered car undriveable, possibly un-repairable.Adjuster thought car would have to be totaled.This was a 2014 car with only 40K miles on it.

1 month later no word from Founder's Insurance. Job lost, no income, because unable to get to work-no car! (my son was the primary user of the car). Unable to get new car loan until monies are paid by insurance to the loss payee, the bank. The bank has been nice but they want payment.

Storage costs to date, equal $2000.00+

After 39 calls to Founders, over 4 weeks, -No information.Calls not returned. The policy was bought by a real person-me. policy was paid in good faith, on time by me, a senior citizen who still needs to work to support myself.

I am told that the State allows such sub-standard insurance companies to exist so that everyone can get and afford insurance. If the insurance does not pay ...what's the point.

also informed that these sub standard companies charge less and are still able to make a profit by not paying on claims. Seems illegal to me.

NEED TO GET THE MONEY PAID FOR TOTALED CAR, OR REPAIRS AND STORAGE PAID.

Write a Review about Founders Insurance Company