Rip off

Sep. 2nd, 2006 12:49 pm
dreamflower: gandalf at bag end (after hurricane katrina 2)
[personal profile] dreamflower
What would you say about a business that can slash the services provided, and then more than double the price? And expect the customers to bite their tongues and pay?

It's called insurance.

We got the notice for our insurance renewal.

First of all, there's a long list of things they will no longer cover *at all*: not simply floods, but any water damage, even if it is wind driven (and they go into great detail about it!) add to that they will not cover a home office; they will not cover a computer. This of course, added to the previous list of exclusions, such as mold, fungus, and earthquakes. (at least we don't have to worry on that last one.)

Next, they doubled our deductible.

And then they raised our premiums from $500.00 a year to $1,100.00 a year.

State Farm knows we have to bite the bullet. If you have a mortgage, you have to have insurance, and we can consider ourselves lucky we weren't simply dropped completely, like a goodly number of my friends have been, who lost everything, and collected only a pittance.

And then they have the hypocritical *gall* to pump up their "Good Neighbor" ad campaign.

*sheesh!*

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