Wednesday, October 17, 2012

Can an auto insurance company double your rate within 24 hours after they quoted you and made you pay?

I got a quote from Progressive. They looked into my record and it went up a few hundred bucks, I was alright with that so I signed up. I even called to make sure everything was good and I was able to cancel my insurance with my previous auto insurance company. Within a day after processing, they doubled my rate.. and then some.. It basically went from $600 to $1,450.. Are they allowed to do that?

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