|
My grandmother passed away this past week. After going through everything, we come to find out that insurance companies have been preying in her. She’s been paying about $3k/yr in homeowner’s insurance for a house that’s maybe worth $175k. In her area, it should have cost about $700/yr max.
In addition, she has been paying $160/mo for a few years now for a whopping $4k life insurance policy. She paid the full value in about two years and just kept paying because she thought that’s what she needed to do.
Pretty infuriating what people will do...
|