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Monday, February 23, 2009

Farmers' insurance double-digit rate increase.

CONSUMER RESPONSE

I read about the 10 percent increase in premiums for Farmers Insurance customers with a smug grin. At least I am not with Farmers.

My homeowners policy renewal (with AAA) came that afternoon. There on Page 7 -- in bold type -- it said: "This represents a 32 percent increase in your premium."Needless to say, the smile disappeared.

There is something dreadfully wrong with the system . Even if it does not save me any money, AAA will see a 100 percent reduction in my premium. I will gladly pay some other company the same amount just to get away from one that, after many years with no claims, finds it necessary to raise my rate by 32 percent.

Archie VanSchoonhoven, Dallas





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