Complaint Review: Assurant

Don't use this company for insurance.  They over evaluate your home and charge you an outrageous amount. 

I called to tell them that my 2 bedroom one bathroom home in rural North Carolina was in no way worth $186,500 in the event of total destruction.  I did the research and it would be no more than $15,000 to clearn up the debries from my home and $80,000 to rebuild it from the ground up.  

The rep was argumentative telling me I didn't know what I was talking about that an inspector had come out to evaluate the price of my home - I explained to him there was nothing in my home that would justify them overcharging me for insurance. I asked for my home which is totally paid for to be revaluated and that based on the information I had I was over insured.  

I immediately got off the phone and called Traveler's and Allstate neither company would even give me $150,000 of coverage citing that the home if a total loss would be worth no more than $109,000 and even that was a far reach.  Unfortunately I didn't check my policy I just wanted my home covered and for years I have been overcharged.  What bothers me is that I am not the only one - that there are elderly people being ripped off by these insurance companies.  

Oh they have threatened to cancel my insurance because they can't rip me off.  Go ahead.  i was paying $1,818 a year for insurance on a 900 sq ft home. My parent's home is twice the size and they are only paying $900 the next town over.  Allstate gave me a deal for only $847 so people beware of this company.