Predatory Charges and Profiteering Company
by Paul Graansma on Dec 14, 2023
1 out of 5 stars
Home Insurance Reviews
Economical Insurance Home Insurance Reviews
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Review author
I will never do business with Economical again. They added a predatory charge to my home insurance when I told out a Home Equity Line of Credit. Despite the fact they would not actually insure the value of anything borrowed on the HELOC, they still insisted on substantially raising my fees once I took one out.
This is a crooked and profiteering company. You will have no recourse to complain as they only do business through brokers. I highly suggest avoiding them.