Hi I lost a house in a fire and my Insurance rate went from
by Guest » Sat Feb 20, 2010 01:24 pm
how can they do this
Total Comments: 1
Posted: Sat Feb 20, 2010 01:29 pm Post Subject:
how can they do this
Because your state allows it. Do you seriously not understand how or why your rates would increase if you were paid for a total house fire? :? Of course your rates went up...insurance rates are based (primarily) on risk..you are now a higher risk therefore your rates are higher than they were before you suffered a loss. You are alway free to 'shop around' for better rates..
Posted: Sat Feb 20, 2010 01:29 pm Post Subject:
how can they do this
Because your state allows it. Do you seriously not understand how or why your rates would increase if you were paid for a total house fire? :? Of course your rates went up...insurance rates are based (primarily) on risk..you are now a higher risk therefore your rates are higher than they were before you suffered a loss. You are alway free to 'shop around' for better rates..Add your comment