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It's just sad that a month before my renewal I get a registered letter that my insurance is being cancelled because I didn't answer a letter I never received. And add to the insult of being a longtime loyal customer, the broker tells me that I can re-apply as a new customer with a 55% increase or lodge a complaint but they are so busy I won't get a response for at least two weeks and a decision after the expiry date. But hey, my home insurance was renewed without a problem which I thought was funny and I'm pretty sure they will pull the same stunt next year for that to get their increase! I would love to know if there are others out there in the same situation because this seems like a scam. Shame on you RBC for partnering with these crooks. I'm closing all of my accounts and going elsewhere.
190% increase between 2015 rate and 2016 quote. The company stated that due to the insurance industry losses their underwriters found it necessary to raise some rates and decrease some customer discounts. Fair enough.
My rate went from $633 in 2015 to $1,835 in a single year. Is anyone able to inform me why it might be possibly be necessary for such a large increase in a dingle year?
Does anyone reading this post have a similar situation or explanation for such a large increase in a single year?
Longtime RBC customers. Received my 2019 auto and home renewal March 1st. No claims, no accidents, no tickets. 35 % increase on home and 33% increase on auto. Called, the lady was very nice, but that is the new price. Absolutely disgusting.