From: Scott Barnett <sab@crisp.net>
Subject: Quotesmith
Date: Tue, 26 Jan 1999 09:54:14 -0500
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Hello, I just completed a very lengthy and frustrating process with Quotesmith.com trying to get new life insurance. I currently have a 10 year term $500,000 policy for $385/yr. On Quotesmith.com, they quoted a 20 year term $500,000 policy for $354/yr, with the same company that I have my current policy. After nearly 5 months going around with them, they finally "approved" my policy. However, it is for $447.70/yr, not the $354 they originally quoted. Has anyone had a positive experience with them? I'm pretty frustrated with my experience, and I'm leaning towards calling their site a scam. I went there after reading good reviews of their site in SmartMoney and a technical trade magazine, but it certainly seems like classic bait and switch selling. I'm also interested in lodging a formal complaint, but I'm not sure exactly how to do it. I know they're physically located in Illinois - do I go through their state govt? Is there an "Internet fraud" group that I can contact? I'm very interested in peoples opinions and experience in this area. - -- Scott Barnett sab@crisp.net - -
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