lacey R.
Not fully refunding an old policy when a new policy was purchased
My flood insurance policy that renewed this year increased a lot. I called and they got me new quotes, but they were very expensive. I ended up getting a new policy through statefarm. They knew from the beginning that I was going to change policies. They never informed me that if I canceled my policy and went with a different agency that they withheld 25% of the premium plus the one month the policy was in effect. They charged my mortgage company a little over 2,500 dollars and are only refunding a little over 1,700. I will not be recommending them anymore.

