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Updated over 4 years ago on . Most recent reply

Peter Morgan's profile image
Peter Morgan's profile image
Peter Morgan
  • Rental Property Investor
  • from West Des Moines, IA
  • Member since Apr 7, 2018
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Peter Morgan's profile image
Peter Morgan's profile image
Peter Morgan
  • Rental Property Investor
  • from West Des Moines, IA
  • Member since Apr 7, 2018
Connect
Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts
Insurance

Insurance premium increased by 12% this year

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello,

My insurance premium increased by 12% this year, I did not raise any claims last one year.When inquired the agent replied back and mentioned it’s “normal”

and quoted premium increase is also the coverage increase due to inflation.Firstly, is this really normal?

If it’s not normal what would be a good argument to get back to the agent?

Thanks

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