Insurance Gouging and Increased Rates

cupetom @ Wed, 2005-10-19 16:59

Unfortunately, the following blog entry appears to be indicative of a new trend occurring post Katrina and Rita. We really need to get mobilized on tis issue and lobby our state and national representatives!

"1645. House Insurance Doubles
by bsyprsn, 10/17/05 19:34 ET
Unfortunately my house insurance is due this month ... Last year it was $874.00 yr. Now It's going to be $1,725.00 yr. for the same policy. I called to get quotes from another companies and the avg. was about $2,300.00 if there hasn't been any recent claims. "

This could really hurt a lot of people so we need to nip this in the _____ right now.

Tom

Filed under: