If your insurance rates went up dramatically you may be a victim of your “Insurance Score” which is one of the factors used by insurance companies to “rate’ your risk.
You can protest an adverse Insurance score if you were a victim of an extraordinary life circumstance.
Extraordinary life circumstances include:
- Identity theft.
- Death of a spouse, child, or parent.
- A catastrophic event as declared by the federal or state government.
- Serious illness or injury to self or family member.
- Divorce or involuntary interruption of alimony or child support.
- Temporary loss of employment.
- Military deployment.
- Late payments to mortgage lenders, landlord lenders, or credit card companies due to Covid.
- Adverse collection activity due to Covid.
- Medical collection activity due to Covid.
Contact your insurance company for procedures to follow to protest an adverse Insurance Score”.
