Friday, June 02, 2006
Cape Cod homeowners face massive insurance rates hikes!
Source: boston.com
Even after some major insurance companies hauled out of the region Cape Cod homeowners who kept their policies is now facing rate hikes of as much as 200 percent from insurers still helping the area.
At least four lingering insurers are in the process of mounting premiums. The Patrons Group, Quincy Mutual Fire Insurance Co., and according to local agents The Norfolk & Dedham Group and AIG are among those companies hosting rates. Some rate increases took effect recently, and others will be put into practice in coming weeks.
Source: boston.com
Even after some major insurance companies hauled out of the region Cape Cod homeowners who kept their policies is now facing rate hikes of as much as 200 percent from insurers still helping the area.
At least four lingering insurers are in the process of mounting premiums. The Patrons Group, Quincy Mutual Fire Insurance Co., and according to local agents The Norfolk & Dedham Group and AIG are among those companies hosting rates. Some rate increases took effect recently, and others will be put into practice in coming weeks.
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