I work for a mortgage company in Southest Louisiana. A custome of mine got an insurance quote from some company online. They quoted $1400/year for a house that costs $190,000. I closed on a house 3 months ago that sold for $160,000 and their insurance was $3300/year. Something doesn't sound right, especially since we are in a hurricane affected area. Soemone please help!!!
2006-09-01 08:59:03 · 8 answers · asked by Amanda P 2 in Business & Finance ➔ Insurance
You should be able to go to a web site for the state that you live and it will tell you that information, I believe.
I am an insurance agent and I know in the state I live, you can look up about anything you need to know. You should be able to see if there are any other complaints against them. Or call them. Best of luck to you.
2006-09-05 02:42:37 · answer #1 · answered by Patti Z 2 · 1⤊ 0⤋
First do your research. There are many variables insurance companies use on each individual house and person buying coverage. It could be the person with the higher rate is rated a higher risk for some reason. If they are different insurance companies then it is called free commerce! You can charge what ever you want if some idiot is willing to pay it.
http://www.bbb.org
For a valid complaint register it with the
Better Business Bureau
2006-09-01 16:06:03 · answer #2 · answered by conwaymomsclub 1 · 0⤊ 1⤋
Shop around for the best rate. Maybe your customer has a better credit rating, different coverage (full replacement versus non-full replacement) Yes, you can get insurance ratings online. I think it is thru AM Best but maybe that's only life insurance companies. Call your customer's company, maybe they can do the same for you. Good luck!
2006-09-01 16:04:44 · answer #3 · answered by hirebookkeeper 6 · 0⤊ 1⤋
You can find more about companies insurance ratings at http://www.ambest.com the best place to lower your auto insurance cost would be at http://www.surfquotes.com
2006-09-01 19:06:59 · answer #4 · answered by Anonymous · 0⤊ 1⤋
start here:
http://clarkhoward.com
More reliable than the Better Business Bureau
2006-09-01 16:07:36 · answer #5 · answered by jazzmin1515 1 · 0⤊ 1⤋
You can contact your state insurance regulation dept. They should have that sort of information.
2006-09-04 18:43:22 · answer #6 · answered by rainysnana 4 · 0⤊ 1⤋
compalain to ambudasan or dircet to irda.
2006-09-05 04:36:20 · answer #7 · answered by sathishshivakumar 2 · 0⤊ 1⤋
better busness bureau
2006-09-01 16:02:42 · answer #8 · answered by Elaine F 5 · 0⤊ 1⤋