Wednesday, March 22, 2023

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Man Wrecks Bmw Cashes $24000 Check Issued Erroneously By Progressive To Him Instead Of His Lender: Money Matters

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Q: I recently totaled my BMW. In mid-February, I received a check for $24,397.50 from Progressive Insurance to cover my totaled vehicle. I deposited the check using my banks ATM and learned the funds would be available in my account on Wed., Feb. 20.

On that day, the amount showed up in my available balance, so the check cleared and the funds were available to use. I used $2,000 to repay my mom for some money I owed her. The next day, Progressive called me to say they made a mistake when they issued the check under my name. They said it should have been issued to my lender because I have a loan on the car. So they stopped payment and PNC took the money back out of my account and the payments Id made bounced.

How could PNC withdraw money out of my account after it cleared? Now, I am stuck with returned payments and fees and negative balances. Is that a fair practice from the bank?

C.C., city withheld

A: There was a lot to unpack here. I winced when you told me youd deposited a $24,000 check into an ATM. But thats not the issue here.

You indicated you owed about $32,000 on your car and it was worth $24,000. I wondered how you thought your lender would recoup the $32,000 you owed.

You told me you believed your gap insurance would cover it. Face palm.

Gap insurance covers the gap between what a persons vehicle is worth and what he owes on it. Gap insurance doesnt pay the entire amount. Well come back to that.

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What Will My Recurring Payment Be

Because we do not know what items you will select, we cannot yet tell you your recurring auto-payment amount, 12-month lease-to-own total, payment schedule, etc. These details will be in your lease-to-own agreement, which will be emailed to you after you apply, get approved, and select your items. Youll have an opportunity to review all of these terms before you sign. There is also a convenient payment estimator that you can use after you tell us where you want to shop. If you have any additional questions you can always speak with a Progressive Leasing customer service agent at 898-1970.

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Spanish Present Progressive Vs Present Tense

In addition to the banned list, there is another reason why native Spanish speakers will switch between the present and present progressive verb tenses.

It has to do with whether a developing action is habitual or not.

In short, if a developing action is habitual, then you should use the present tense.

For example:

English: It is really hot this summer. Español: Hace mucho calor este verano.

If it is habitually hot every year, then youll hear this idea expressed in the present tense.

But, if it happens that one year it is uncharacteristically cold, you would hear:

English: It is really cold this summer. Español: Está haciendo mucho frío este verano.

Here, you use the Spanish present progressive to highlight that something unusual is developing.

Another example could relate to working habits:

English: She normally works in the city, but this month she is working out of town. Español: Normalmente ella trabaja en el centro, pero este mes está trabajando fuera de la ciudad.

Here, the working out of town is unusual or out of habit. So, you would express the idea in the present progressive to highlight the change from routine.

Secret #5 Progressive Insurance Pressures Victims To Give Recorded Statements

How progressive banks use conversational ai solutions to ...

One of Progressives favorite tactics is telling injured victims that they need to obtain a recorded statement about the accident in order to speed up the processing of the claim. They may even tell you that you must give them a recorded statement to receive a settlement offer.

This is simply not true. These statements are unnecessary, and you are under no obligation to provide them.

Progressive and other insurance companies only want recorded statements from injured victims because it gives them an opportunity to ask leading questions. Theyll twist your words and poke holes in your story to try to justify a lower settlement offer or even deny your claim altogether. Even if youre confident you would never say anything against your interests to an adjuster, many people are shocked to realize that adjusters can twist around even the simplest statements and use them against a claimant!

To understand the serious risks of giving a recorded statement, consider this example:

During a recorded statement, a Progressive claims adjuster may start the interview by asking, How are you today? Most people, even those in a great deal of pain, will automatically answer fineits just what we do out of habit. The adjuster, however, then notes that you are feeling fine, which must mean that your injuries arent causing you any pain, right?

Unfortunately, adjusters can use something as simple as this hypothetical conversation to argue that your injuries are not as severe as you claim.

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What Is The Best Auto Insurance Company

The best auto insurance company can vary depending on your goals, needs, budget and circumstances. Progressive offers great coverage options, discounts and an extensive list of add-ons. However, you should shop around and compare insurance companies and get multiple quotes. For a list of options, check out Bankrates analysis of the best auto insurance companies.

What Is The Progressive Deductible Savings Bank

The Deductible Savings Bank is an optional feature that can be added to your existing Progressive policy. When you choose this feature, we’ll take $50 off your collision and comprehensive deductibles every time you finish a policy period without filing a claim or having a driving violation. If you remain claim-and-violation-free through enough policy renewals, your deductibles will eventually reach $0.

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Why You Can Trust Bankrate

Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. Weve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next.

Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. All of our content is authored by highly qualified professionals and edited by subject matter experts, who ensure everything we publish is objective, accurate and trustworthy.

Our banking reporters and editors focus on the points consumers care about most the best banks, latest rates, different types of accounts, money-saving tips and more so you can feel confident as youre managing your money.

This Company Is Frauds

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This company is frauds. They falesly accused me of getting reimbursed by Best buy cancelled item and insist best buy told them they refunded me via gift card. It does not take too much intelligence to realize best buy refunds to original form of payment which is Progressive leasing not me. They are liars at best. Also, their internal returns department are borderline abusive with their practices. When you return an item, there will be no refund receipt or proof or returning the item. BEWARE of this, it still will always and forever show you have an outstanding lease and you will be harassed and questioned about anytime you call them.

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Do I Have The Option Of Paying Off My Lease And Owning The Product Before The Standard 12 Months

Yes. You can purchase the product at any time. You can take advantage of a 90-day purchase option as provided in your lease-to-own agreement. This is the least expensive lease-to-own purchase option and expires 90 days after your item are delivered. After this option expires, you can exercise an early purchase option for less than the total of remaining 12-month lease-to-own total, as described in your lease agreement.

Standard agreement offers 12 months to ownership. Early purchase options cost more than the retailers cash price . To purchase early call 877-898-1970.

Progressive Apps And Technology

Progressive’s website is a step ahead of the competition with the Name Your Price tool and a price comparison tool that lets you compare rates between insurance companies. Name Your Price doesnt necessarily save you money, but it lets you see a plan configuration that fits your budget quickly. When you input your desired payment, you will receive coverage recommendations that suit your budget. It certainly can save you time.

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What If You Are A Victim Of Identity Theft

If you are a victim of identity theft, then there is a possibility that someone could use your identity to open a bank account. With a bank account open in your name, a person can take out loans or write checks in your name.

To prevent anyone from opening a bank account in your name, you can place a freeze on your ChexSystems account. This freeze will alert any bank or financial institution that there should be no account opened in your name. This means that you cant open a bank account while the freeze is active.

When you want to open a bank account, you can temporarily unfreeze or thaw your account from ChexSystems. After opening the account, you can return the freeze to your ChexSystems account once more.

Commerce Bank And Visa Power Progressive Insurance Digital Claims Payment Solution

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KANSAS CITY, Mo.—-Commerce Bank announced today it has worked with Progressive to implement CommercePayments PreferPay for claims payments. The relationship is the result of a truly strategic collaboration whereby Commerces product team worked with Progressive stakeholders to build a solution uniquely positioned to provide fast, convenient reimbursement options to customers.

CommercePayments PreferPay provides customers, claimants and service providers with multiple claims payment options including ACH, check, or direct-to-debit card via Visa Direct. With the Visa Direct functionality, customers can now receive an insurance claim payout to their eligible debit and prepaid card, in real time1.

Were excited to offer our customers more options for faster claim payments, said Cory Freier, Business Systems Manager at Progressive. Whether the payment helps with repairs or much-needed medical treatment, a quick, convenient claims payment is a critical step in helping our customers get back to their routine as soon as possible.

Commerces solution offers faster payment methods, while leveraging the knowledge of a financial organization to facilitate the payment.

For more information, visit or

About Commerce Bancshares, Inc.

1 Actual fund availability depends on receiving financial institution and region.

2 As of December 31, 2019

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Secret #6 Progressive Insurance Adjusters Understand Youre Under Financial Pressure After A Crash

A serious car accident can leave you with serious debt! Even relatively minor injuries can result in tens of thousands of dollars in medical expenses. Victims who suffer injuries like traumatic brain injuries and spinal cord injuries often face medical bills in the seven figures or more. For severe or permanent injuries, you may need specialized medical care for the rest of your life.

In addition, injuries can keep you from working for weeks or even months after a serious car accident. As a result, you may lose out on a lot of income that you usually rely on to pay your housing payment, utility bills, expenses for your children, and necessities like food or medicine. We know how losing even a small amount of income can throw off your entire household budget and put you into debt or behind on your bills. Weeks or months off of work can even lead to bankruptcy if you dont receive proper compensation.

Medical bills plus lost income plus other intangible losses can put a TON of pressure on you and your household. Progressive adjusters know that most people dont have the funds to pay medical bills out-of-pocket or enough emergency savings to cover bills while youre out of work. They know that as you watch bills start to pile up, you will feel highly anxious to receive a settlement payment. This is understandable!

One accident shouldnt ruin your life, especially if it was not your fault.

Is Progressive Auto Insurance For You

If you’re seeking car insurance, Progressive is well worth a look. The Name Your Price Tool makes it easy to customize your policy for the coverage you want at a price you can afford. Seeing comparison estimates from other companies can help you assess how much you can save. Progressive also offers plenty of discounts to reduce your premiums. You’ll get the most savings with Progressive if you opt for online or phone service and forgo a dedicated insurance agentâbut you do have the option to work with an agent if you prefer.

For those seeking more than just auto insurance, Progressive offers coverage for a wide range of commercial and personal vehicles, as well as umbrella insurance. Through its network of partner carriers, the company can help you find a full spectrum of insurance products, including homeowners, health, term, whole and universal life insurance, and comprehensive business coverage including specialized insurance for many industries and professions. Whether you’re seeking an online-focused insurance experience or the personal touch of an insurance agent, Progressive offers something for everyone.

Insurance coverage availability, discounts, limits and other details may vary by state and other factors.

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Cost Of Progressive Car Insurance

The average annual car insurance premium for full coverage is $1,509. This price rises or drops depending on the location, the type of car and the insurance provider. Progressive does not claim to have the cheapest rates in the market, but still offers lower than the average cost.

Average annual cost for minimum coverage Average annual cost for full coverage

Progressive also offers various programs and discounts to help lower your premium without sacrificing coverage.

Looking to save money on auto insurance?

  • Sign online
  • Teen driver

The Progressive Snapshot program is the insurers more recent discount program that leverages technology to help you save even more money. All you need to do is download the Snapshot app to your smartphone or install a device in your vehicle. Using GPS and sensors, the app or device tracks your driving habits and rewards safe driving behavior with lower premiums.

Auto Insurance Buying Guide

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Before you compare car insurance companies, youll need to collect some basic information. This includes the driving history of everyone who will be on the policy, as well as facts about your car, such as safety features and annual mileage driven. Youll also want to determine which types of coverage you need. For example, do you want only the bare minimum insurance that your state requires, or do you need more extensive coverage, such as gap insurance or rideshare coverage? Check that each company youre considering has the options you want.

When comparing rates among insurers, make sure each is offering the same coverage limits and deductibles. You may not want to make your decision based on price alone. Look at how many consumer complaints each company has, as a high number of complaints could be a red flag about the quality of service you’ll receive.

Depending on which company you choose, you may be able to buy insurance online, over the phone or through an agent. For more guidance, see how to get car insurance.

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Use The Present Simple For Habits: I Study English Every Day

When we talk about actions that happen usually, often, or every day, we use the present simple. For example:

  • John works at a bank.
  • My father smokes cigarettes.

John works at a bank. Maybe he isnt working now , but usually he works at a bank. That is his job. He works from Monday to Friday. It is something he does regularly, so we can use the present simple.

Conjugation Singular Subjects

  • I work. / I dont work.
  • You work. / You dont work.
  • He works. / He doesnt work.*
  • *add an s to the main verb when the subject is He/She/It. This is called the third person singular.

    When the verb is in the negative, we put the s in the auxiliary verb so it becomes doesnt. And because the s is in the helping verb, we dont need to add it to the main verb.

    • She dont work.
    • She doesnt work.
    • She doesnt works.

    Conjugation Plural Subjects

    Making sentences with other subjects is easy. You dont have to add s.

  • We work.
  • Discounts For How You Shop And Pay

    • Online quote: Get an average 4% discount for starting your quote online, even if you finish it over the phone.
    • Sign online: Just for signing your documents online, you can get an average 8.5% discount.
    • Paperless: On top of the discount for signing documents online, there are discounts for going paperless.
    • Pay in full: Get a discount if you pay your six-month premium at once.
    • Automatic payment: If you’d rather pay monthly, you can still get a discount by setting up automatic payment.

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    What If I Cant Pay For My Item Within 90

    Our standard agreement offers 12-months to ownership, if scheduled payments are made. Remember you are leasing the merchandise you selected until you make all payments or call us to exercise an early purchase option.

    Standard agreement offers 12 months to ownership. Early purchase options cost more than the retailers cash price . To purchase early call 877-898-1970.

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