Forum Discussion
arhayes
Sep 19, 2017Explorer
Actually in most states rates are "approved and regulated" by the State's Insurance Commission. Doesn't mean it is "needed" or justified - just that they talked some bureaucrat into it. I know our homeowners and auto insurance in Texas went up after Hurricane Ike based on the statewide loss and we didn't live anywhere near the coast or have any losses personally. I'd shop for another plan carrier if I were you.
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