Last year I turned 50. Instead of going into a state of denial, I decided to be proud and think of it as a rite of passage. In fact, I've actually had quite a bit of fun with it.
As part of the celebration I decided I should join AARP. After all, I was looking forward to whipping out my AARP card to cash in on the massive discounts I'd always heard about. Of course, they aren't really specific about those discounts until they get your $12.95. When you finally get access to their website you'll discover the same and even better discounts can be had by just a little comparison shopping on your own.
One of their highly endorsed products is insurance through The Hartford Group. In fact, just about every week you get a mailer from AARP endorsing the savings from The Hartford Group. As long as I was doing my annual "insurance shopping", I thought I'd throw them into the mix. Sure enough, just like AARP said, the savings were pretty big. In fact, they said they could save me $400 per year by switching to their auto insurance!
Sounds almost too good to be true doesn't it? Well, it WAS true, they could save me the $400, but what AARP doesn't tell you is that The Hartford Group has one of THE worst reputations in the industry when it comes to paying claims. Just do a little Google search. Type in: The Hartford Group Claims Complaints.
The March 2006 issue of Smart Money magazine (article: AARP's Generation Gap) even tells the horror story of an AARP member. "The Hartford Group has been cited by insurance watchdogs for repeatedly failing to pay claims." Read the whole article and you'll learn even more interesting information about AARP.
Like the person mentioned in the article, I too contacted AARP and questioned their endorsement. I did receive one email asking for the sources that I researched. I promptly sent the links. Of course I never heard another thing from them.
For me, this is a matter of breached trust. Like most people over 50 I believed I could trust a company who was famous for advocating for the rights of the retirement community. I was wrong! In reality, AARP is a business. One that has become known as a "wildly successful direct-mail marketing organization". And they're "wildly successful" because people like you and me trust their reputation.
It's time to think again! I won't be renewing my membership. How about you?
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