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Originally Posted by Ben Franklin
OK, I won't believe your reason either. ;-) The insurance company did increase the covered amount by $20,000 this year, which seems about right.
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LOL. I hear these reasons that insurance agents give customers as to why their rate increased. It just starts a rumor. But, in my opinion, I think it is just a sales pitch. Why would an insurance company reveal confidential information about how they calculate their rates? Here is the rate, take it or leave it. It's like a car salesperson telling you that they aren't making any profit.